Halifax Stepped Income Reserve
Full product details for the Halifax Stepped Income Reserve savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
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Halifax Stepped Income Reserve Features & Benefits
| Account Type | Fixed Bond | |
| Account Term | 5 years | The account term is 60 months. |
| Rate Type | fixed | The type of interest rate is fixed. |
| Headline Interest Rate | 3.75% | The headline interest rate is 3.75% AER. |
| Headline Interest Balance | £2,000 | 2000 |
| Online Access | no | Not applicable - No transactions before maturity. |
| Branch Access | no | Not applicable - No transactions before maturity. |
| Phone Access | no | Not applicable - No transactions before maturity. |
| Introductory Bonus | 0% | No introductory bonus payable. |
| Withdrawal Notice | term | Not applicable. |
| Minimum Initial Investment | £2,000 | The minimum investment required to open this account is £2000. |
| Closure Before Maturity | yes | The account can be closed early if it has been open for a year. The investor will lose an amount equal to six days' interest for each remaining month or part-month of the five year term (minimum 30 days). |
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