Halifax Instant Saver

Key Features

If you want to pay money in and take money out whenever you like, with the convenience of a cash card, our Instant Saver could be for you.

  • Minimum opening balance - £500 (£1 for under 21s)
  • No maximum balance
  • Unlimited withdrawals - without loss of interest
  • Unlimited deposits 
  • Manage your savings - view your account online 24/7. Plus a cash card for easy access to your savings
  • Applying is easy - pop into branch or call 0845 122 1347
  • UK's No. 1 for savings - no one helps more people grow their savings than Halifax*

Exclusive deal for current account customers

If you are a main current account customer just apply for one of our variable rate savings accounts and we will apply the extra 0.20% AER.

* GfK FRS 04/08 all respondents with savings accounts excluding premium bonds

Current Rates

The rate of interest you earn depends on the balance of your account: 

Variable Interest Rate (AER)

0.10%

0.10%

0.10%

0.10%

0.10%

0.10%

0.10%

Balance

£50+

£500+

£5,000+

£10,000+

£25,000+

£50,000+

£100,000+

Please note: Rates of interest are subject to change, to check effective dates for all our Savings products please see our Interest Rates  section.

Summary Box

Key Product Information

Account Name Halifax Instant Saver
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

Withdraw up to £300 per day by cash mahine with a card
 Access Branch, telephone, transfer between own Halifax or Bank of Scotland accounts, online and cash machine

Further Information

Variable rate interest - which means the rate you earn can go up or down

Interest paid  - monthly or annually

Eligibility - UK resident personal customers only aged 11+

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)