We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Halifax ISA Accounts
Options

GREYONE
Posts: 59 Forumite

Hi
I've just been trying (not very well) to compare the Halifax's ISA Saver Variable account and their Instant ISA Saver account. In terms of interest and withdrawl they seem to be the same. Except that the ISA Saver Variable turns into an Instant ISA Variable after 1 year but you can Renew the Instant ISA Variable account back to an ISA Saver Variable account. As both have the same interest at the moment I fail to see why the Hx would do something like this.
Can anybody suggest a reason why on earth they do this?
I've just been trying (not very well) to compare the Halifax's ISA Saver Variable account and their Instant ISA Saver account. In terms of interest and withdrawl they seem to be the same. Except that the ISA Saver Variable turns into an Instant ISA Variable after 1 year but you can Renew the Instant ISA Variable account back to an ISA Saver Variable account. As both have the same interest at the moment I fail to see why the Hx would do something like this.
Can anybody suggest a reason why on earth they do this?
0
Comments
-
I imagine that the rates will have converged over time but were probably significantly different at some point.
However, why waste time pondering two poor accounts paying a derisory 0.2% interest when there are so many offering better rates?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.8K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards