This comparison simply includes all savings accounts.
Halifax Instant Access Savings Accounts
Why we like it: No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS)
Why we like it: Tax free ISA account. Open with £1 or transfer in existing ISA funds. Invest up to £20,000 per tax year. Interest can be paid into account, alternative Nationwide savings or current account, or an external current account. Must be UK resident and aged 16 or older. Headline interest rate applicable if no more than 1 withdrawal per account year, fFor 2 or more withdrawals the interest rate drops to 0.50% AER. FSCS Protected
Why we like it: Unlimited withdrawals subject to 30 days notice.
Why we like it: Earn 1.00% gross/AER on balances from £1,000 to £1 million. Unlimited withdrawals without restriction or loss of interest.
Why we like it: 5.00% interest for 12 months on balances up to £2,500 for the first year. You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account held by you or anyone else). 12 month fee-free arranged overdraft available. No monthly fee. Must be aged 18 or older.
Why we like it: Earn 1.50% AER (variable) interest on balances up to a maximum of £20,000. Up to 3% CASHBACK on various household bills. Monthly fee of £5. Must pay in £500 pm.
Halifax Instant Access Savings Accounts
Halifax provides both business and personal banking services. They have a range of accounts available with flexible access to your money, including high interest instant access savings accounts.
Halifax Everyday Saver Account
If you are looking for an instant access savings account you may want to consider the Halifax Everyday Saver account. Halifax Everyday Saver allows you to deposit and withdraw savings at any point, giving you complete control and instant access to your savings.
Halifax Everyday Saver account is a high interest account and provides competitive interest rates, along with some of the best monthly interest offered by high street banks. Its multitude of features make the Everyday Saver account suitable for those aged 11-16, students, young professionals, over 50s, those looking towards retirement and retired individuals.
- Competitive interest rates
- Open an account with just £1
- Maximum balance of £1 million
- Unlimited withdrawals
- Easy saver rates
- Manage your accounts instantaneously with online access
In addition, if you open an Everyday Saver account then you are entered into the Halifax Savers prize draw. All you have to do is register your account and you are placed in a monthly draw, where you could win up to £10,000.
There is no age restriction to open a Halifax Everyday Saver account, which makes it a perfect savings account for over 60s.
Review our table above to compare the Halifax savings account with other instant access high street savings accounts.
Quick online application setup from Halifax
With UK savings rates at an all time low, you need to take action to ensure your savings are getting the best interest deal possible.
Savings accounts are failing to provide interest rates to match or counter the effect of inflation on peoples’ savings. As a result, people are losing money in real terms. There are plenty of savings accounts available to the general public, none of which offer any real financial advantage. This is because the Bank of England’s base rate is the basis of the majority of savings accounts in the UK.We can help you compare a selection of some of the best interest paying accounts.
For savers looking to access their money regularly, a good instant access savings account will offer flexible withdrawal facilities while combining these with a good rate of interest.
See here for a comparison of leading UK instant access accounts