Halifax increases interest on two savings accounts

Wednesday, 16 November 2011 01:47

Halifax has increased the interest rates on two of its popular savings accounts this week.

The bank announced yesterday (November 15th 2011) that the four-year and five-year Fixed Online Saver accounts will see a 0.20 per cent rise, something that could benefit people looking to get the most out of their money.

This means that the four-year account will pay 4.30 per cent AER and five-year product will generate interest of 4.40 per cent AER, making the accounts two of the best on the market at present.

Anyone can open one of the newly-changed products, with existing Fixed Online Saver customers retaining the terms they signed up to on their original deal.

Halifax announced its support for charity Save the Children this week with an interactive online choir function.

It said it hopes to generate £100,000 by getting its customers to record themselves singing a Christmas carol and then uploading it to Facebook.

The bank will donate money for each choir added, as well as for each 'like' the performances generate.

Use the Myfinances.co.uk comparison tables to find the best deal on a new bank account

Comments Bubble Comments

blog comments powered by Disqus

Twitter: My Finances

Join the conversation at #news_myfinances

Newsletter sign up


In addition to the weekly newsletter, which areas of finance would you like to hear from us about:

Tick this box if you would like us to send you promotions from carefully selected third parties.

By signing-up you agree to the terms of use and privacy policy.

sign-up button

Get the latest information on: