Halifax ISA 3.00% AER now available.

Lokolo

LooieENG wrote: »

Can I upgrade using the link above, and still top up for this year (to make it the full £5,100) before April 5th?

Yes, your allowance usage should display on the updated on too.

System

I went through it, but it said I would lose 180 days of interest

MoneySavingUser

joyceyjo wrote: »

If any of you have an existing halifax variable isa on a lower rate than the new Reward 4 - 3% you can now convert it online

Go to www.halifax.co.uk/isaupgrade

just need your existing isa details- don't even need to be registered for their online service.

wow they finally made an online option!

transltr

LooieENG wrote: »

I went through it, but it said I would lose 180 days of interest

If you are closing a fixed rate isa .

System

transltr wrote: »

If you are closing a fixed rate isa .

which I would be?

joyceyjo

LooieEng what rate you getting on your fixed rate isa? In the majority of cases it doesn't make sense to close fixed isa early to try to switch to another isa

System

2.8% fixed rate (3% including extra 0.20% for reward customers) with Halifax

joyceyjo

That sounds like the isa reward 3 that was on offer from Oct onwards last year. Are you sure you have a fixed rate isa? Because the 0.2% extra does not apply to fixed isa's- only the variable ones. However if it brings up the message about 180 days loss of interest that ONLY applied to fixed rate isa's.

System

oops, you're right

it's the ISA Direct Reward 3

joyceyjo

Well you can go ahead and apply to upgrade if you have the reward 3, you won't be penalised.
It will take probably about a week for you to see it converted or get a letter of confirmation, but they backdate it to date of request