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Important Information - Halifax Save4it
Summary Box: Key Product Information
| Account Name | Halifax Save4it |
| Interest rates (AERs) | Interest rates in more detail |
| Tax Status | Interest will be paid net of income tax (currently 20%) unless you register your account with us to receive gross interest |
| Conditions for bonus payment | There is no bonus available on this account |
| Withdrawal arrangements | Unlimited withdrawals |
| Access | Branch (with passbook), telephone (transfer between own Halifax or Bank of Scotland accounts) and view balances online |
Interest paid annually - on the child's birthday or another chosen date
1 account per child - a child may have 1 Save4it account in that child's own name and also be the beneficiary of a trust account opened for that child's benefit
Trustee accounts - adults can open one account in trust for a child. However a trustee can open more than 1 account as long as these are opened for different children
Eligibility - UK resident personal customers only. A dults can open accounts in trust for a child under 7, or in the child's name if they are aged 7+
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)
Next Steps
Call now on 0845 122 1347 (lines are open 8am to 8pm Monday to Friday, 8am to 6pm Saturday and 9am to 5pm Sunday)
| Call into any branch (find your nearest branch) |
Calls from BT landlines to 0845 numbers will cost no more than 2p a minute plus a 7p connection fee. The price of calls through other phone companies and from mobile phones will be different. The call price we have quoted was correct in October 2008.