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Reward yourself with Halifax

Reward yourself with Halifax

Category: Savings

Updated: 03/03/2011
First Published: 03/03/2011

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 It is now over 6 months old so the content may be out of date.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 improved the rate paid on its popular ISA Direct account.

The Cash ISA Direct Reward Account is a no notice account with a minimum investment of £1 paying 3.00% yearly. Transfers out can be made without penalty and transfers in are permitted. The rate reverts to ISA Saver Direct (currently 0.50%) after 12 months.

Qualifying Halifax current account customers receive an extra 0.20% and the initial deposit must be made within 28 days of opening the account.

At 3.00% it sits just below the current market-leading no notice ISA, although for those looking to transfer previous years' allowances it is a market leader. Qualifying current account customers will receive an enhanced rate of 3.20% as part of the Halifax Reward packages.

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