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Halifax Regular Saver 8%

Halifax Regular Saver OFFSHORE is 8%....I want to save approx £500 a month...is this the account to go for? And also, whats the difference to this account and it's NORMAL Regular Saver??

Comments

  • bluedove
    bluedove Posts: 233 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I opened regular saver account when they did the 10% interest offer, wonder if the rate will still be same.
    Though the vision may not be the true future of man but it can't be completely beyond his control.
  • just opened a childrens regular saver at 8%;)
    Mortgage free
    Vocational freedom has arrived
  • OMAR
    OMAR Posts: 701 Forumite
    grrr its gone down
  • Yes rates are 8% for Childrens Reg Saver and 5% for Adult Reg Saver. Possibly being reduced again, likely to be Feb 1st in line with the reductions to variable rate savings following Thursdays BoE reduction. Altho it could be sooner as we tend to change Fixed and Regular rates at any day in the month.

    Cloud
    I work for Halifax (a division of Bank of Scotland plc, owned by HBOS plc, owned by Lloyds Banking Group plc). Any comments or views are my personal comments and opinions and not those of my employer. Oh and I might (on the odd occasion) get something wrong, if I do then I do apologise in advance!!
  • OMAR wrote: »
    And also, whats the difference to this account and it's NORMAL Regular Saver??

    The offshore account doesn't have the FSCS £50K protection.
    Conjugating the verb 'to be":
    -o I am humble -o You are attention seeking -o She is Nadine Dorries
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