Halifax Regular Saver 7.00% (Fixed)

LucyTheDwarf

I've given up looking for juicy rates, personally. In the summer I would switch at the bat of an eyelid, but now there's no point. By the time your money gets to your new account, it's bound to be worse than your previous account was. I'm staying put til things start to look up.

Though I am thinking of moving a bit of money back into Kaupthing Edge... It beats HSBC's paltry offerings on the instant access front :P But HSBC's so convenient for me... ah, the difference is going to be pennies, in the end.

I hope HSBC keep their regular saver rate at 8% til the end of December at least... I might open one earlier than planned, just in case.

Saver-Rob

supersavor wrote: »

unfortuantley tony r will g the lower rate as when doing a telephone application for this it mentions your rate will be the rate when the money first clears into the account.

been reading this forum for months and finally registered so i could let some of you guys know about the rate change .
someone beat me to it:rotfl:

Hopefully you can find more bad news to post for us in time.

rb10

Tony_R wrote: »

I should have thought about that, as there is a Halifax near where I work. But even with a cheque wouldn't they need to wait for the cheque to clear? Surely the only way it would have worked would be by paying cash over the counter?

With a cheque it's the date you hand over the cheque that counts, not the date that it clears.

Saver-Rob

I will phone them tomorrow and see what they say.

These rate cuts have come at exactly the wrong time for me - these years were about saving and a decent interest rate would have made all the difference.

strawberrylane

Just opened mine online and phoned telephone banking on 08457 203040 and asked them to transfer £25 from my current account to the Regular Saver, which they say they have initiated and that it should be there in about 1 hour, so fingers crossed!

Mikeyorks

Tony_R wrote: »

But even with a cheque wouldn't they need to wait for the cheque to clear?

No .... the credit establishes the account. It doesn't have to be cleared funds.

EDIT .... sorry rb10 ... was reading backwards and missed your reply!

supersavor

i opened the abbey fixed rate monthly saver at 6% tonight and was advised the 1st payment would have to be made from jan 2nd .

hopefully this doesn't drop

weezie_2

When exactly did the rate drop? My first deposit is now showing online at the Halifax as received today (11th).
Their website says the rate is 6% & correct as at tomorrow (12th).
Does this mean I made it in time or will I only get 6%?

rb10

If it was received on 11th, I'd expect you to get 7%. You will get a certificate confirming the rate through the post in the next few days.

MM46

Set up an account online on 9th, first SO left my bank 11th, before drop in rates but has not reached Halifax a/c yet. I didn't see reduction until tonight so I rang Halifax as soon as I saw it had reduced. They advised me to ring the Savings Dept on Monday to see if they will give me the 7% but she could not guarantee it.