Halifax ISA 3.00% AER now available.

rodrigopr84

Good News...:beer:

Halifax ISA 3.00% AER available.

Lokolo

It's not even Monday :-o

rodrigopr84

I was expecting it to be released on Monday as well. :-)

SG_Guy

Can anyone clarify if existing Reward current account customers need to complete the separate form for the additional 0.20% interest?

On the Halifax website, it says "For our main current account customers who already have a qualifying variable rate savings account, you will need to download and complete our simple form".

But, the form itself states, "You do not need to complete this form for accounts opened after 4 January 2010"?

So, does it mean I only need to complete the form for accounts opened before 4 January 2010 i.e. I will automatically get 3.2% on the ISA Direct Reward?

rodrigopr84

As far as i know you will have to complete the form and sent to them and they will sent u a confirmation by mail, best do it just in case.

Consumerist

Just a quick heads-up from the Halifax website :-

If you are transferring funds from an existing ISA manager, transferred funds must be received within 28 days of the date you open your account in order to qualify for the reward interest rate (unless the minimum balance of £1 has already been met).

So it's not a 60-day deadline as before.

glider3560

Do customers who opened the previous "2.80% Variable" now get 3% or will I need to contact them to change the account?

opinions4u

Link to product.

glider3560 wrote: »

Do customers who opened the previous "2.80% Variable" now get 3% or will I need to contact them to change the account?

The account won't change automatically. Make a call to 08457 26 36 46. Your year will start again if you change from ISA Direct 3 to ISA Direct 4 though .

SG_Guy wrote: »

Can anyone clarify if existing Reward current account customers need to complete the separate form for the additional 0.20% interest?

If you're opening a brand new account, no.

On the Halifax website, it says "For our main current account customers who already have a qualifying variable rate savings account, you will need to download and complete our simple form".

But, the form itself states, "You do not need to complete this form for accounts opened after 4 January 2010"?

All accounts opened since 4/1/10 will automatically attract the 0.2%.

So, does it mean I only need to complete the form for accounts opened before 4 January 2010 i.e. I will automatically get 3.2% on the ISA Direct Reward?

If you haven't opened an account since 4/1/10 you need a form. If you have opened an account since then, no form is needed!

glider3560

opinions4u wrote: »

The account won't change automatically. Make a call to 08457 26 36 46. Your year will start again if you change from ISA Direct 3 to ISA Direct 4 though .

Thanks. Just called. Very helpful lady but she was on hold for over 10 minutes waiting to get through to the "redesignation team". In the end I said I'll call back later when they are less busy.

ironman1

Thanks for this, just noticed it on Halifax online.

How do I get this as I am currently on 'ISA DIRECT REWARD 2' at 2.6% opened last April 8th.

It says I can apply for the new ISA Direct at 3% but will it get me in trouble as I already have an ISA?

Also I am only allowed one more withdrawal as I made two a few months ago by transferring them to another online account by mistake!

With our first baby being born next year I really want to save as much as possible but it is hard with the mortgage and other bills isn't it!

Currently have just over £7000 in my old ISA but have another £3000 odd to put in to a new one so around 10k altogether.

Thanks all

opinions4u

ironman1 wrote: »

How do I get this as I am currently on 'ISA DIRECT REWARD 2' at 2.6% opened last April 8th.

Make a call to 08457 26 36 46.

It says I can apply for the new ISA Direct at 3% but will it get me in trouble as I already have an ISA?

Make the call. Don't open a new account. Redesignate the old one, get a higher rate, unlimited withdrawals and the choice to top up any remaining allowance for this tax year and the full allowance from the next tax year.

Also I am only allowed one more withdrawal as I made two a few months ago by transferring them to another online account by mistake!

Make the call and move to unlimited withdrawals.