Halifax Monthly Saver Young Savers Rate
Compare the Halifax Monthly Saver Young Savers Rate with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 | You can compare the Halifax Monthly Saver Young Savers Rate against other Halifax Savings. | ||
| Company: | Halifax www.halifax.co.uk | ||
| Product: | Monthly Saver Young Savers Rate | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Regular Saver | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 3.80% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | no | ||
| Minimum Age: | No minimum age required. | ||
| Restricted Availability: | Regular monthly payments must be made into this account. The monthly minimum payment is £5. The monthly maximum payment is £500. | ||
| Area Restrictions: | There are no area restrictions | ||
| Minimum Investment: | Minimum investment of £1. | ||
| Maximum Investment: | The maximum investment is £30000 Once a balance of £30000 has been reached on the account only interest and bonuses can be added. | ||
| Minimum Balance: | The minimum balance is £1. | ||
| Monthly Minimum: | The minimum monthly credit is £5. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | There are no free gifts or incentives offered with this account. | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | A bonus of 2.75% is payable. | ||
| Bonus Payment Conditions: | Bonus Conditions - The rate includes a bonus of 2.75% providing 11 credits have been made into the account and no more than two withdrawals a year are made. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 3.80% 3.80% 3.80% | ||
| Interest Payment Freq: | Interest is paid annually. | ||
| Managing Account | |||
| Passbook: | A passbook is provided. | ||
| Transactions at Branch: | Transactions cannot be made at a branch. | ||
| Statement Frequency: | Statements are issued annually. | ||
| Transactions by Phone: | Transactions cannot be made by phone. | ||
| Transactions by Internet: | Transactions cannot be made via the internet. | ||
| Transactions by Post: | Transactions cannot be made by post. | ||
| Special Access: | Bonus forfeit and a/c transferred to Liquid Gold a/c if more than 2 withdrawals a year. Loss of bonus also applies to closure. | ||
| Withdrawal Conditions: | Withdrawal Conditions - Although the investor does not have to give notice to make a withdrawal, they will lose their bonus if they make more than two withdrawals a year. If they make three or more withdrawals a year, their account will be changed to a Liquid Gold account. Closing the account is classed as a withdrawal. | ||
| Fees & Charges | |||
| Withdrawal Notice: | No notice, penalty or charge applied on withdrawals. | ||
| Withdrawal Penalty: | No notice, penalty or charge applied on withdrawals. | ||
| Withdrawal Charge: | No notice, penalty or charge applied on withdrawals. | ||
| W/d Notice/Penalty/Charge: | No notice, penalty or charge applied on withdrawals. | ||
| Compare | |||
| Products: | www.halifax.co.uk Savings | ||
