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Offshore rate increase from Halifax International

Offshore rate increase from Halifax International

Category: Offshore savings

Updated: 29/09/2009
First Published: 29/09/2009

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 It is now over 6 months old so the content may be out of date.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 International has increased the rate of its International Fixed Rate Web Saver.

The rate of the account has risen by 0.25% to 4.25%. All other terms and conditions remain unchanged.

This 0.25% increase will increase their appeal of this three year bond to investors who prefer to carry out their banking online, and improves the product in the fixed rate market.

The possibility of early closure after six months – subject to a 30 day interest penalty – could also boost its popularity.

The account has been awarded four out of five Moneyfacts stars.

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