Halifax increase ISA rates | Product News - Moneyfacts

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Halifax increase ISA rates

Halifax increase ISA rates

Category: ISAs
Date: 11/03/2014

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 It is now over 6 months old so the content may be out of date.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 increased rates on its fixed and variable rate ISAs by up to 0.50%, seeing six of its products making the Moneyfacts best buys.

The basics…

The 18 Month and Two Year Fixed Rate ISA Savers both pay market-leading rates of 2% and 2.05% yearly respectively, while the one, three, four and five-year options pay a competitive 1.65%, 2.25%, 2.40% and 2.50% respectively.

The option to have interest paid monthly at a slightly reduced rate is available on these accounts too.

The finer details…

All accounts require a minimum investment of £500 and no further additions or withdrawals are allowed. Earlier access to funds is available on all accounts, subject to closure and a loss of interest penalty: 90 days for the one-year, 135 days for the 18-month, 180 days for the two-year, 270 days for the three-year, 320 days for the four-year and 365 days for the five-year option.

All accounts can be opened in branch, by telephone and online but must then be operated in branch or on the phone.

Why we like them…

This increase from Halifax sees the 18 month and two-year ISAs rise to the top of their sector, while all the accounts pay attractive rates depending on how long the saver is happy to lock their money away.

Four Moneyfacts Stars have been awarded.

What Next?


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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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