Halifax Guaranteed Saver Reward

Qualifying current accounts -  a qualifying Halifax personal current account is a Halifax High Interest Current Account, a Halifax Current Account (except for student current account), a Halifax Reward Current Account or a Halifax Ultimate Reward Current Account.

A qualifying Bank of Scotland personal current account is a Bank of Scotland High Interest Current Account, a Bank of Scotland Current Account (except for student current account), Bank of Scotland Reward Current Account or a Bank of Scotland Ultimate Reward Current Account.

If you hold a Halifax or Bank of Scotland current account you are eligible for a higher rate guaranteed for 12 months - just pay £1,000 or more into your qualifying current account every month for 12 months or have an Ultimate Reward Current Account. Your qualifying account must be held in the same name as your Halifax Guaranteed Saver Reward.

Variable interest - guaranteed to be at least 1% above the standard Halifax Guaranteed Saver variable interest rate for 12 months from receipt of your opening deposit.

Interest paid - annually on anniversary of opening deposit. Please note you must open and pay at least £500 into your account on the same day to qualify for a Halifax Guaranteed Saver Reward account.

Number of accounts - 1 account per customer (held in your sole name, or in joint names, but not both). If you hold an existing Halifax Guaranteed Saver or Guaranteed Saver Reward account you cannot open a Halifax Guaranteed Saver Reward (unless the existing account is closed).

12 month reward period  - After 12 months, or if the Halifax Guaranteed Saver balance drops below £500, Halifax Guaranteed Saver interest rates and conditions will apply.

Eligibility - UK residents only, aged 11+

Guaranteed Saver (including Reward) account conditions  (opens as PDF)

We are a member of the Financial Services Compensation Scheme so our customers' savings are protected (up to £50,000).