Fixed Rate Halifax Web Saver

mattytun

this looks good from halifax Choose to save over a term that suits you and get a fantastic fixed rate savings account. Currently offering 7.00% AER on a 6 month term.http://www.halifax.co.uk/savings/fixedwebsaver.asp

opinions4u

Move fast if you want this. I can't see it lasting long in to next week.

LittleVoice

I see they give the AER rate of 7% but the gross rates are, of course, a little lower.

mattytun

i tried to open this but told me i cant think you need a variable rate Halifax Web Saver account first whats that because i thought i would just be able to transfer from my Halifax Current Account or my bank of scotland instant access savings account

opinions4u

mattytun wrote: »

i tried to open this but told me i cant think you need a variable rate Halifax Web Saver account first whats that because i thought i would just be able to transfer from my Halifax Current Account or my bank of scotland instant access savings account

Open the variable account and leave £1 in it?

mattytun

ok thanks

amcluesent

Maximum balance is just £9M though.

guli

amcluesent wrote: »

Maximum balance is just £9M though.

should be just about enough for me

Thanks for the heads up

Dealmad

I have money stuck in KE which im now waiting for to be returned , if i open this halifax Fixed rate can i open it with £500 then add more money a week later , or once you add money is that it , its tied for 6 months .e.g u cant add or take away?

Thanks

noh

Dealmad wrote: »

I have money stuck in KE which im now waiting for to be returned , if i open this halifax Fixed rate can i open it with £500 then add more money a week later , or once you add money is that it , its tied for 6 months .e.g u cant add or take away?

Thanks

Thats right you cannot add to or withdraw from the account once it has been opened. Early closure is allowed after 3months with loss of interest.
http://www.halifax.co.uk/savings/ImportantInfo/imporinfo_fixedratewebsaver.asp

Nigel

ExBanker_2

So it's actually a bond as opposed to a savings account which they seem to market it as..