Halifax increases five-year ISA rate - ISAs - News - Moneyfacts


Halifax increases five-year ISA rate

Halifax increases five-year ISA rate

Category: ISAs

Updated: 13/02/2013
First Published: 12/02/2013

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 It is now over 6 months old so the content may be out of date.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 has increased its five-year ISA rate by 0.20%, boosting its position in the long-term tax-free savings market.

The basics…

This account pays 2.70% on its anniversary to savers aged 16 and over with minimum investments of £500.

The finer details….

Savers can access funds upon account closure, subject to 365 days' loss of interest and transfers in are accepted.

Further additions cannot be made whilst the issue is open.

Why we like it….

This account should appeal to savers looking for a competitive tax-free deal. Four out five Moneyfacts Stars have been awarded.

What next?

Compare the best savings rates
Download your free guide to 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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Top 6 inflation-beating cash ISAs

Inflation jumped up to a 22-month high in September, official figures have revealed, with the measure of CPI standing at 1%.

Could your newborn become an ISA millionaire?

Many parents like to set up a savings account for their newborn, giving them a valuable nest egg for the future. But what if you could give them an even better payoff and help them become a millionaire? According to research, it’s possible…

Help to Buy ISA no-go zones on the rise

Nearly half of England could become a Help to Buy ISA no-go zone by spring 2017, due to the rising cost of average house prices meaning the ISA’s thresholds will be exceeded in a vast number of areas.