Saving with Halifax is child’s play - Savings - News - Moneyfacts


Saving with Halifax is child’s play

Saving with Halifax is child’s play

Category: Savings

Updated: 27/10/2010
First Published: 16/11/2009

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 It is now over 6 months old so the content may be out of date.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 given young investors happy to use the internet a welcome boost.

Its Web Saver Extra account now pays 2.80% to leave it amongst the best no notice internet accounts around.

Available to those aged 11 and above, it should prove popular with young savers as well.

However, with only one penalty free withdrawal allowed per year (further withdrawals incur 30 days' loss of interest), careful budgeting will be required.

The competitive rate and child friendliness sees the product earn four out five Moneyfacts stars.

Compare the best childrens savings accounts online

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 Any products featured may be withdrawn by their provider or changed at any time.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

Best savings rates

Get a snapshot of the top best buy savings accounts, fixed rate bonds and cash ISAs to help you get more from your money.

Average five-year fixed bond rate falls below 2%

Long-term fixed rate bonds used to be the top solution for savers looking to get a decent return on their savings, but unfortunately, times have changed, with our latest data revealing that the average five-year rate has fallen to a new record low.

Savings rates plummet to fresh lows yet again

It’s becoming a recurring theme, and unfortunately, it’s showing no signs of stopping. Savings rates have plummeted to fresh lows once again as the impact of the base rate cut continues – and this month, product availability has followed.