Halifax to relaunch regular saver @10%+

opinions4u

bloaty wrote: »

I paid an initial deposit of £500 then £500 for the next 12 months and only had £260.81 after tax.

Looks about right to me.

Martin's calculator says it should be £300?

The account only runs for 12 months. If you've typed in 1 year and 1 month to the calculator it will give you 13 months interest on the first payments (not 12), 12 months on the second payments (not 11) and so on.

I think the 12 month figure should be around £256. You have earned an extra £4 from the last payment.