Halifax Regular Saver

Key Features

Save between £25 and £500 every month for 12 months by standing order and get a rate rate of 2.00% AER fixed for a year.

  • Minimum opening balance - open from as little as £25 each month
  • Maximum deposit - save up to £500 each month
  • No hassle - simply set up a standing order so the payment is automatically paid each month (must be on or before the 28th of each month)
  • Flexible - you don't have to save the same amount each month. You can save from £25 up to £500 - simply change your standing order to suit you
  • No withdrawals - during the 12 months 
  • Missed payments - if you fail to make a payment of at least £25 by standing order to your Regular Saver account in a particular month your account will remain open.  However it will limit the amount you can save
  • Manage your account - in branch, by phone or online.

View current rates, summary box and further information before you apply for a Halifax Regular Saver

Current Rates

Interest rate (AER) effective from
0.00am on 16th October 2009

All Balances

2.00%

For further details on our interest rates, please visit our interest rates section.

Please note...
Interest rates are fixed for a 12 month period on the day we receive your opening deposit.  If you're planning on funding your account later, interest rates may have changed by the time your opening deposit is received.

View summary box and further information before you apply for a Halifax Regular Saver

Summary Box

Key Product Information

Account Name Halifax Regular 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

No withdrawals allowed during the year.  If you fail to make a payment of at least £25 by standing order to your Regular Saver account in a particular month your account will remain open.  However it will limit the amount you can save
Access

After 12 months, your Regular Saver Account, including the balance and interest, will mature into an easy access savings account on anniversary of our receipt of your opening deposit for your Regular Saver Account. Your sort code and account number will remain the same and your standing order will continue into your easy access savings account unless you choose to stop it. If you want to continue to save regularly you can arrange to open a new Regular Saver Account

Branch, telephone and online (enquiry only service).

View further information or apply for a Halifax Regular Saver

Further Information

Interest paid annually

 Worked example:

The interest on Halifax Regular Saver is calculated on the balance of the account each month .  E.g.   If you pay £500 in a month, the balance in the account for the first month will be £500, second month £1,000 etc. and therefore the amount of interest paid will increase over the year in line with the balance of the account.

Maturity of term - after 12 months, your Regular Saver Account, including the balance and interest, will mature into an easy access savings account on anniversary of our receipt of your opening deposit for your Regular Saver Account. Your sort code and account number will remain the same and your standing order will continue into your easy access savings account unless you choose to stop it. If you want to continue to save regularly you can arrange to open a new Regular Saver Account.

Minimum payments must reach the Regular Saver account on or before the 28th of each month

Standing order - should be set up from your current account or with another bank of building society to make regular payments, but not from a Halifax savings account

Only one account per customer

Eligibility - UK resident personal customers only aged 16+

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).

Apply for a Halifax Regular Saver

Apply

It only takes a few minutes...

Before you begin make sure you have the following details to hand:

  • Your Bank of Scotland Current Account details (if you are an existing customer)
  • Previous address details if you have lived at your current address for less than 3 years

Important Information

You must have an account where the funds can be transferred into at the end of the Regular Saver Term. This is called a nominated account. We will automatically open a variable rate Web Saver (without a card) for you during this application if you do not currently have an eligible account that can be used as the nominated account.

If you are wishing to apply for a Halifax Regular Saver and you already hold a Halifax Children's Regular Saver in trust for a child, please call 0845 601 8150 or speak to a colleague in branch to complete your application.

...apply online

If you are new to online banking apply here

Apply now

If you're an online banking customer sign in to apply

  Sign in  

Alternatively, call us today on 0845 122 1347 (lines open 8am-8pm Mon-Fri, 8am-6pm Sat and 9am-5pm Sun) or call into your nearest branch.