The Top Regular Savers Discussion Thread

Dizzycap

https://forums.moneysavingexpert.com/discussion/comment/82010032#Comment_82010032

Say no more. The claim seems to be contradictory and nonsensical - No new accounts from 1st July and no new customers from October? Errr what am I missing? Left hand, right hand. Even if remotely true, there would be far more notice than 5 weeks to allow Halifax customers to choose if they actually want to be be transferred to Lloyds. It maybe something in the future pipeline. Besides, Halifax, Lloyds, and BoS have all just brought out 1,2, and 5 year Fixed Rate ISAs. Halifax customers and potential customers would sure need to get a bat on 😂😅

Section62

https://forums.moneysavingexpert.com/discussion/comment/82010069#Comment_82010069

Say no more. The claim seems to be contradictory and nonsensical - No new accounts from 1st July and no new customers from October? Errr what am I missing?

The Sun article says -

…on July 1, when customers will no longer be able to open new Halifax accounts via the brand’s app or website.

- So presumably it will still be possible to open a Halifax account in branch for some length of time after 1st July, and therefore someone could become a new Halifax customer if they open an account in a Halifax branch between 1st July and whenever "from October" is. So not contradictory. And the story has been picked up widely across the media and not denied by LBG, so there seems to be truth in it.

But there is a whole thread for discussing the possible demise of the Halifax brand, so might be better for further discussions not related to RS accounts to be had there instead -

https://forums.moneysavingexpert.com/discussion/6668846/halifax-to-vanish/p10

ThePirates

Halifax RS

After the initial month's minimum £25 funding do you have to keep funding each month?

x44

Quote from the T&C's

You can save £25 - £250 every month by 1 standing order or a bank
transfer. This needs to reach your account before the 25th of the month.
You can also make a bank transfer to top up your savings as long as the
total amount of your deposits does not exceed the monthly limit of
£250. The amount that you save each month needs to stay between the £25
to £250 monthly limit. 

MisterMotivated

https://forums.moneysavingexpert.com/discussion/comment/82010207#Comment_82010207

Yes, you have to keep funding each month, any amount between £25 and £250

kermchem

The Halifax RS does not have to be funded every month. When I opened the Halifax RS in December 2025 and had an issue with the website our local branch said they did not open accounts but told me a branch in a nearby town did open accounts on limited days of the week, no appointments needed. So if account opening is withdrawn from the app don’t plan on using a branch.

Bridlington1

https://forums.moneysavingexpert.com/discussion/comment/82010236#Comment_82010236

My reading for Halifax was different, you can fund between £25 and £250/mth, but if you don't wish to save anything you can just miss the payment for the month, but if you do decide to save into the account then it needs to be between £25 and £250.

Section62

https://forums.moneysavingexpert.com/discussion/comment/82010243#Comment_82010243

Mine too. "You can" is not the same as "You must". "Can" makes it optional. I've skipped months with Halifax before and not had any form of penalty applied.

Metrocammell

Halifax regular saver. I haven't funded mine since January, is still open and no contact or communication from them to raise any issue about the fact.

dcs34

https://forums.moneysavingexpert.com/discussion/comment/82010245#Comment_82010245

In fairness Mr Lewis may be quoting Halifax's T&Cs or their official company line; whereas posters on here will be more familiar with how Halifax's systems actually operate the accounts in practise!

My understanding is that you don't have to fund the account each month (I have definitely skipped months in the past without issues/threat of closure) but if you do want to fund it the minimum is £25 per month. I haven't tested whether they actually enforce that minimum in practise, since if the £25 could be 5 separate payments of £5 each individual transfer wouldn't automatically bounce back - and would they bother to follow it up at the end of each month? I doubt it…