Choosing a Halifax Cash ISA
Halifax Cash ISAs come in a variety of shapes and sizes to help you make the most of your tax-efficient ISA allowance. Halifax cash ISAs are much like savings accounts, except you do not have to pay tax on the interest you earn. Whether you're looking to lock money away in return for a fixed rate of interest, or you want your money to be readily accessible, there is a range of Halifax cash ISAs available. If you think you might need your money to hand, choose an instant access cash ISA, where you can start saving with just £1. Under the 2014/15 ISA allowance you can put £15,000 into a cash ISA. You can also transfer to a Halifax cash ISA if you already have an ISA but you don't think you're getting the best rate.
Benefits of Halifax instant access ISAs
Halifax instant access ISAs let you take your money out when you need to, without penalty, while still offering attractive returns on your tax-efficient savings. You can transfer in from other ISAs, and manage your account by phone, post, online, or in branch. If you're looking for an account that doesn't require you to lock your money away for a fixed period, then a Halifax instant access ISAs might be right for you.
History of Halifax ISAs
Halifax was formed in 1853 as the Halifax Permanent Benefit Building and Investment Society. In 2001, Halifax merged with the Bank of Scotland, taking the name Halifax Bank of Scotland (HBOS). In 2009, HBOS was acquired by the Lloyds Banking Group and continues to offer s wide range of ISA deals.