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Halifax enhances medium-term ISA rate

Halifax enhances medium-term ISA rate

Category: ISAs

Updated: 11/05/2017
First Published: 04/03/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Halifax's three-year ISA Saver Fixed deal has been propelled to the top of the medium-term bond market thanks to a rate increase of 0.40%.

The basics…

This fixed-rate bond pays a market-leading tax-free rate of 3.00% on its anniversary to savers with investments of £500 and over.

The finer details….

Further additions are not permitted, although early access to funds is allowed upon account closure. Savers must be aware that making withdrawals will also be subject to a 270 days' loss of interest penalty.

Transfers in are accepted.

The account can be operated in branch or by telephone by savers aged 16 and over.

Why we like it….

This new and improved bond offers an attractive savings package to those looking to lock their cash away for a medium term. Four out of five Moneyfacts Stars have been awarded.

What next?

Search all cash ISAs
3, 4 & 5 year fixed rate ISAs

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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