Halifax Fixed Rate Bonds

Compare Halifax Fixed Rate Bonds

ProviderAccountInterest RateMinimum DepositApply

3.75%

per annum

£10More Info >
Earn 3.75% pa fixed interest - 1 year term - Interest can be paid monthly (Revised rate 3.70%) or on maturity - Your money is asset backed - Manage your account online
Fixed Rate Bond Selection
ProviderAccountInterest RateTermApply

2.25%

per annum

£1,000More Info >
Earn 2.25% fixed interest - 5 year term - Minimum deposit £1,000 - No withdrawals permitted. FSCS Protected

2.00%

per annum

£1,000More Info >
Earn 2.00% fixed interest - 3 year term - Minimum deposit £1,000 - No withdrawals permitted. FSCS Protected

1.90%

per annum

£1,000More Info >
Earn 1.90% fixed interest - 2 year term - Interest can be paid monthly, quarterly or at maturity - Minimum deposit £1,000 - Maximum deposit £200,000 - No withdrawals permitted - FSCS Protected

1.60%

per annum

£1,000More Info >
Earn 1.60% fixed interest - 3 year term - Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected

1.50%

per annum

£1,000More Info >
Earn 1.50% fixed interest - 2 year term - Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected

1.35%

per annum

£1,000More Info >
Earn 1.35% fixed interest - 1 year term - Minimum deposit £1,000 - No withdrawals permitted - FSCS Protected

1.40%

per annum

£1,000More Info >
Earn 1.40% fixed interest - 1 year term - Interest can be paid monthly, quarterly or at maturity - Minimum deposit £1,000 - Maximum deposit £200,000 - No withdrawals permitted - FSCS Protected
More Fixed Rate Bond Alternatives
ProviderPlan NameDeposit TakerISA OptionTermMaximum Potential ReturnMore Info
6 Year Defensive Deposit PlanInvestec Bank plcyes6 years

28%

at end of term

More Info >
  • 28% fixed return if the Index is higher than 95% of its Initial Level
  • Capital protected
  • Low minimum - £3,000
  • Medium/longer term alternative to fixed rates
  • Available for Cash ISA,  ISA Transfers and non-ISA
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Limited offer - deadlines apply. May close early if oversubscribed
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Returns not guaranteed. You may only receive a return of your original capital
Kick Out Deposit PlanInvestec Bank plcyesUp to
6 years

4.25%

per annum

More Info >
  • 4.25% for each year if the FTSE 100 finishes higher than its starting value
  • Opportunity to mature early at year 3, 4 or 5
  • Capital protected
  • Short/medium term alternative to fixed rates
  • Available for 2Cash ISAs, ISA transfers and non-ISA
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Limited offer - deadlines apply. May close early if oversubscribed
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Returns not guaranteed. You may only receive a return of your original capital 
4 Year Deposit PlanInvestec Bank plcyes4 years

16%

at end of term

More Info >
  • 16% fixed return if the Index is higher
  • Capital protected
  • Low minimum - £3,000
  • Short/medium alternative to fixed rates
  • Available for Cash ISA, ISA Transfers and non-ISA
  • Covered by the FSCS (Financial Services Compensation Scheme)
  • Limited offer - deadlines apply. May close early if oversubscribed
  • Plan designed to be held for full term
  • Arrangement fee applies
  • Returns not guaranteed. You may only receive a return of your original capital

Important Information: Structured deposits offer you the potential to earn higher returns than you would with a regular savings account. Your returns are based on the performance of an index or commodity. If the investment does not perform well you may receive no income or capital growth, but you can be confident that your capital will be repaid. You have no access to your deposit during the term of the account, typically 3 to 6 years but your original capital will be repaid in full at the end of the term. In the event that the deposit taker is unable to repay your initial investment and any returns stated you may be entitled to compensation from the Financial Services Compensation Scheme (FSCS) depending on your individual circumstances.

If you are looking for a new Fixed Rate Bond to put your savings into then you can use the comparison table below to compare what is offered by a variety of different providers including Halifax to see if you can find the best option for you.

 

Benefits of fixed rate bonds include:

  • Competitive interest rates in return for keeping your cash locked away
  • A variety of terms to choose from
  • Online access offered by most providers

 

Fixed rate bonds are a way you can lock away some of your savings into an account that will accumulate interest. Halifax currently offers a fixed term fixed rate bond.

 

Fixed Saver key facts:

  • Available for 1 or 3 year terms
  • Interest paid monthly. Interest will be paid net of your income tax unless you register your account to receive gross interest
  • Opening balance must be £500 or more
  • Must be aged 16 years or over
  • At the end of the fixed term your account will automatically transfer to an Instant Saver account

 

As the Halifax Fixed Rate Saver is fixed term bond no withdrawals are allowed once you create the account. Early closure is permitted but if you do close your account early you will lose an amount equivalent to: 1 year term - 90 days’ gross interest or 3 year term - 270 days’ gross interest. Meaning you may get back less than you opened the account with. No additional deposits are allowed either.

 

Before you choose the deal for you, compare fixed rate bonds side by side in our table. Compare Halifax fixed rate bonds with other deals in the market - make sure that when you lock your money away for a fixed period you are comfortable with not having access for the term duration. Generally speaking the longer you are prepared to lock your money away in a fixed rate bond the better the level of interest paid. As with all savings accounts you should compare deals from a range of providers before committing to one. As well as fixed rate bonds there are a number of alternative saving options which you should consider such as structured deposit plans - a selection of plans are available on this site.

 

As well as a fixed rate bond you may wish to consider alternative savings options such as;

  • tracker – this type of bond has interest rates linked to those set by the Bank of England so any changes to the base rate will either increase or decrease how much interest you receive, affecting your gains.

 

  • Structured Deposits – Structured deposits normally offer higher potential interest rates than bonds, but you are not guaranteed to receive any interest payments, there is a risk you will only get your original deposit back at the end of the term. This is because structured deposits are normally linked to a share index or indices, like the FTSE 100. Getting an interest payment from this type of plan depends on if the index the plan is tied to perform in the way set out in the structure deposit. Because you risk earning no interest with this type of plan you should carefully evaluate if it is right for you before you take one out.

 

  • Savings Account – Savings account may be better suited for people who think they may need sudden access to their savings. Although they normally offer worse rates of interest than deposits or bonds they do allow you easy access to your funds should you ever need them.