Halifax tickles saver’s taste buds - Savings - News - Moneyfacts

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Halifax tickles saver’s taste buds

Halifax tickles saver’s taste buds

Category: Savings

Updated: 28/10/2009
First Published: 28/10/2009

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 It is now over 6 months old so the content may be out of date.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 has served up a treat for savers looking to put their money away somewhere safe for the medium term.

Its Guaranteed Reserve two year fixed rate bond now pays 4.30% yearly, sending it towards the upper reaches of the market, while the three year version paying 4.55% compares favourably too.

Both bonds can be closed early after six months have elapsed, although a penalty means it won't be a decision to be taken lightly.

A monthly option is also available, aimed at those wanting to supplement their income regularly.

Competitive rates and the option for early access means these products earn four out five Moneyfacts stars.

Find the best savings account for you - compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.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

Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating impact on the number of savings accounts that beat it, so much so that you’ll need to lock your money away if you want an inflation-beating return.

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.
 
Close