Halifax Web Saver Extra?

OnlyMe_08

Hi

Does anyone have this old account from Halifax still showing in their list of online accounts?

Can you confirm the rate and when this is likely to expire?


Thanks

helptoyou

Halifax Web Saver Extra

UK annual rates from 30th October 2012

Balance

Gross AER Net
£1+

Gross 1.80%
AER 1.80%

NET 1.44%.

Taken from the halifax web page sadly i cant post the link for you but if you go the bottom of the web page open explore our site go to savings accounts, Interest rates and you will find this information.

zerocool237

I was going to start a thread but found this one.

I have a web saver extra online account, i originally opend it in 2009 and its rate now online shows at 1.8%, i haven't used it since last year but does anyone know how long this rate lasts for? is it going to stay at that rate for aslong as i have the account.

butterfly72

Funnily enough I was sorting my banking this week and came across a Halifax letter to say that the interest rate on this account was reducing from 2% to 1.80% It says nothing about time limits but indicates that a £1 balance is needed to keep it open. I'm taking it as a clean 1.8% account without restrictions, unless someone here comes on and tells me different. Its quite a handy account what with the instant internal transfers to and from my reward current account.

opinions4u

butterfly72 wrote: »

Funnily enough I was sorting my banking this week and came across a Halifax letter to say that the interest rate on this account was reducing from 2% to 1.80% It says nothing about time limits but indicates that a £1 balance is needed to keep it open. I'm taking it as a clean 1.8% account without restrictions, unless someone here comes on and tells me different. Its quite a handy account what with the instant internal transfers to and from my reward current account.

There is a restriction of 1 withdrawal a year.

Interest loss for subsequent withdrawals.

shymanuk

opinions4u wrote: »

There is a restriction of 1 withdrawal a year.

Interest loss for subsequent withdrawals.

Are you sure its only 1 withdrawal a year i dont recall it being that when i opened the account a few yrs ago ...... just that the rate would drop.but could be wrong, any info showing this would be great ,

opinions4u

shymanuk wrote: »

Are you sure its only 1 withdrawal a year i dont recall it being that when i opened the account a few yrs ago ...... just that the rate would drop.but could be wrong, any info showing this would be great ,

From 2010:

http://www.moneysupermarket.com/c/news/review-of-the-week-halifax-web-saver-extra/0009184/

However, the other main thing to watch out for is the withdrawal restrictions. This is an easy access account and you can get at your money whenever you want to - but you may be penalised for doing so. Only one penalty-free withdrawal is allowed each year. If you choose to dip into your funds more than once over the year then you will be penalised with a loss of 30 days interest on the amount withdrawn.

shymanuk

mmmmmmmm anyone know any good rates on other accounts to beat this rate,.

opinions4u

shymanuk wrote: »

mmmmmmmm anyone know any good rates on other accounts to beat this rate,.

Have you looked at the links at the top of this page?

http://www.moneysavingexpert.com/savings/savings-accounts-best-interest

carpy

i too still have this account showing 1.8% with a zero balance.

only web saver extra interest rate i could find on their website says 2.3%??

i think people are right about it being 1 withdrawal..

opinions4u

carpy wrote: »

i too still have this account showing 1.8% with a zero balance.

only web saver extra interest rate i could find on their website says 2.3%??

i think people are right about it being 1 withdrawal..

1.80% since last October.

http://www.halifax.co.uk/savings/interest-rates/personal-rates/#Web_Saver_Extra