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Halifax Regular Saver NOminated account HSBC?
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rambo43
Posts: 12 Forumite
Hi
I have a few grand sitting in HSBC's bonus online saver (Currently at around 3.25%?)
Was looking at Halifax's Regular Saver (7.00% Fixed)
Ive only ever been with HSBC, Can i open this account online without a current account with Halifax and have my nominated account as my account in HSBC?
When/If i close the Halifax one all the funds are transfered to a nominated account
Cheers
I have a few grand sitting in HSBC's bonus online saver (Currently at around 3.25%?)
Was looking at Halifax's Regular Saver (7.00% Fixed)
Ive only ever been with HSBC, Can i open this account online without a current account with Halifax and have my nominated account as my account in HSBC?
When/If i close the Halifax one all the funds are transfered to a nominated account
Cheers
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Comments
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Hope the answers help! It's also an easy account to get out of if you don't last the year, although the rate paid drop to 3.56%.Hi
I have a few grand sitting in HSBC's bonus online saver (Currently at around 3.25%?)
Was looking at Halifax's Regular Saver (7.00% Fixed)
Ive only ever been with HSBC, Can i open this account online without a current account with Halifax
YES
and have my nominated account as my account in HSBC?
NO - your nominated savings account needs to be a Halifax one - you can leave a nominal balance in it eg £1. That said your standing order payment can come from HSBC.
When/If i close the Halifax one all the funds are transfered to a nominated account
The capital and interest goes in to the nominated account on maturity and a new Regular Saver account automatically commences unless you stop your standing order. You should make a point of review the suitability of your nominated account at this stage!0 -
Yes.Can i open this account online without a current account with Halifax
No.and have my nominated account as my account in HSBC?
The nominated account must be a Halifax savings account, according to...When/If i close the Halifax one all the funds are transfered to a nominated account
http://www.halifax.co.uk/savings/ImportantInfo/ImpInfo_RegularSaver.asp0 -
i opened this account a few weeks ago really easy
they set up a nominated halifax account at the same time as ur 7% account ive stuck 1 pound in the nominated and 200 pound a month standing order from natwest into the regular saver hope this helps 0
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