Halifax Bonus Saver (4.10% AER)

jamesrcmd

Good morning everyone,

What is your experience with Halifax savings accounts?

I’d like to open the Bonus Saver account (4.10% AER if no more than 3 withdrawals are made within the 12-month term) and have a few questions:

1. I already have a credit card with Halifax. Is it easier to open it as I’m already a customer?

2. Do you get a sort code and account number with Halifax savings accounts?

3. Can I pay money directly into the savings account even though I don’t have a current account with Halifax?

Thank you in advance.

ThePirates

You'll get much better rates elsewhere:
https://forums.moneysavingexpert.com/discussion/6392978/top-easy-access-acs-ranked-top-of-the-pots-no-chat/p1
I wouldn't go for anything less than 5% at the moment. You can get 7% on a regular saver with FD or Coop
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

jaypers

You can do so much better than 4.1% with little effort and no restrictions on withdrawals. 

https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/#easyaccess

jamesrcmd

ThePirates said:

You'll get much better rates elsewhere:
https://forums.moneysavingexpert.com/discussion/6392978/top-easy-access-acs-ranked-top-of-the-pots-no-chat/p1
I wouldn't go for anything less than 5% at the moment. You can get 7% on a regular saver with FD or Coop
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

Thank you for your answer.

I’ve just read about FD and Coop regular savers but you must have a current account with them first? I’d like to avoid a hard search on my credit file for now.

Do you know anything about Halifax savings account? Can I pay directly into the account with a faster payment? I know most savings account require you to have a linked current account to pay in and withdraw money.

Bigwheels1111

What about Gatehouse banks reg saver, 5.3% I think.

Just a savings account, no hard search.

jaypers

Even YBS EA pays 4.8% (no restrictions) or their Rainy Day Saver pays 5% up to £10k and no hard search. Or Tandem Bank 4.9% with the 12 month bonus? Very very easy to open an account, no hard searches and pretty much immediate access because of Faster Payments. Don’t think YBS needs a linked account either…..Tandem does. 

Zopa_Trooper

jamesrcmd said:

ThePirates said:

You'll get much better rates elsewhere:
https://forums.moneysavingexpert.com/discussion/6392978/top-easy-access-acs-ranked-top-of-the-pots-no-chat/p1
I wouldn't go for anything less than 5% at the moment. You can get 7% on a regular saver with FD or Coop
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

Thank you for your answer.

I’ve just read about FD and Coop regular savers but you must have a current account with them first? I’d like to avoid a hard search on my credit file for now.

Do you know anything about Halifax savings account? Can I pay directly into the account with a faster payment? I know most savings account require you to have a linked current account to pay in and withdraw money.

I don't think you'll get any advice on Halifax as nobody on here would have this account with them, the rate is too low and its also restrictive, just 3 withdrawals. 

molerat

1) as you should already have on line access the application forms may be pre-filled and no ID checks needed

2) yes

3) yes

WillPS

jamesrcmd said:

ThePirates said:

You'll get much better rates elsewhere:
https://forums.moneysavingexpert.com/discussion/6392978/top-easy-access-acs-ranked-top-of-the-pots-no-chat/p1
I wouldn't go for anything less than 5% at the moment. You can get 7% on a regular saver with FD or Coop
https://forums.moneysavingexpert.com/discussion/6106986/regular-savings-accounts-the-best-currently-available-list/p1

Thank you for your answer.

I’ve just read about FD and Coop regular savers but you must have a current account with them first? I’d like to avoid a hard search on my credit file for now.

Do you know anything about Halifax savings account? Can I pay directly into the account with a faster payment? I know most savings account require you to have a linked current account to pay in and withdraw money.

No hard search for a Co-operative Bank Cashminder current account.