Halifax savings rates review, from savings accounts to ISAs

Halifax offers a broad range of savings accounts with interest rates up to 5.5%.

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Halifax

Formerly the UK's largest building society, and now a hugely popular arm of the Lloyds Banking Group, Halifax offers a good range of savings accounts. Halifax's top savings rate of 5.5% is available on one of its fixed-rate bond accounts.

Cash ISAs

Table: sorted by interest rate
Halifax's best cash ISA rate of 3.6% is significantly lower than today's market-best rate of 5.44%.
Product Rate Minimum investment Interest paid Withdrawals Deposit protection Open via Incentive Table product description
Halifax logo
Halifax ISA Saver Fixed - 1 Year Term
3.6% AER fixed for 1 year
£500
Annually
Instant access (charge applies )
FSCS logo
protected
Open via: branch, website, mobile app, telephone.
Go to siteMore info
Halifax logo
Halifax ISA Saver Fixed - 1 Year Term Monthly
3.6% AER fixed for 1 year
£500
Monthly
Instant access (charge applies )
FSCS logo
protected
Open via: branch, website, mobile app, telephone.
Go to siteMore info
Halifax logo
Halifax ISA Saver Fixed - 5 Year Term
3.5% AER fixed for 5 years
£500
Annually
Instant access (charge applies )
FSCS logo
protected
Open via: branch, website, mobile app, telephone.
Go to siteMore info
Halifax logo
Halifax ISA Saver Fixed - 5 Year Term Monthly
3.5% AER fixed for 5 years
£500
Monthly
Instant access (charge applies )
FSCS logo
protected
Open via: branch, website, mobile app, telephone.
Go to siteMore info
Halifax logo
Halifax ISA Saver Fixed - 2 Year Term Monthly
3.5% AER fixed for 2 years
£500
Monthly
Instant access (charge applies )
FSCS logo
protected
Open via: branch, website, mobile app, telephone.
Go to siteMore info
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Showing 5 of 9 results
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Fixed-rate bonds

Table: sorted by interest rate
Halifax's best fixed-rate bond rate of 5.5% is lower than today's market-best rate of 7.5%.
Product Rate Invest Interest paid Withdrawals Open via Deposit protection Open via Incentive Table product description
Halifax logo
Halifax Regular Saver
5.5% AER fixed for 1 year
From £25
Maturity
Withdrawals not permitted
Branch, website, mobile app, telephone
FSCS logo
protected
Open via: branch, website, mobile app, telephone. Additional account needed.
Go to siteMore info
Halifax logo
Halifax Fixed Saver - 1 Year Term
3.6% AER fixed for 1 year
From £500
Annually
Withdrawals not permitted
Branch, website, mobile app, telephone
FSCS logo
protected
Open via: branch, website, mobile app, telephone.
Go to siteMore info
Halifax logo
Halifax Fixed Saver - 1 Year Term Monthly
3.6% AER fixed for 1 year
From £500
Monthly
Withdrawals not permitted
Branch, website, mobile app, telephone
FSCS logo
protected
Open via: branch, website, mobile app, telephone.
Go to siteMore info
Halifax logo
Halifax Fixed Saver - 2 Year Term Monthly
3.5% AER fixed for 2 years
From £500
Monthly
Withdrawals not permitted
Branch, website, mobile app, telephone
FSCS logo
protected
Open via: branch, website, mobile app, telephone.
Go to siteMore info
Halifax logo
Halifax Fixed Saver - 5 Year Term Monthly
3.5% AER fixed for 5 years
From £500
Monthly
Withdrawals not permitted
Branch, website, mobile app, telephone
FSCS logo
protected
Open via: branch, website, mobile app, telephone.
Go to siteMore info
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Showing 5 of 7 results
Compare more fixed-rate bonds up to 7.5%

Regular savings accounts

Table: sorted by interest rate
Halifax's best regular savings account rate of 5.5% is significantly lower than today's market-best rate of 8%.
Product AER Save Withdrawal notice Interest paid Deposit protection Open via Incentive Table product description
Hmm, looks like there aren't any matches for that
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Showing 0 of 0 results
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What is Halifax's best savings account with the highest interest rate?

The best savings account depends on what you want from your savings. If you're after fast access to your money, then an easy-access account should suit you. However, if you're happy to lock your money away for a time to access a higher rate, then a fixed-rate bond is a good option.

Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below, we've listed the different types of accounts Halifax offers, plus the highest interest rate currently available.

Savings account types include Cash isas, fixed-rate bonds, regular savers
Best cash ISA rate 3.6%
Best fixed-rate bond rate 5.5%
Best regular saver rate 5.5%
Fixed bond terms 1 year - 5 years
Opening options Branch, website, mobile app, telephone
FSCS protection

Bearing the name of the Yorkshire town it was born in, Halifax began life as a building society in 1853. It was then the UK’s largest building society for much of the twentieth century. These days it’s a bank, and is part of the Lloyds Banking Group, having been bought by the financial services group in in 2009.

Didn’t find the account type you were looking for? Check our other guides:

How do I decide which account is for me?

Firstly, you need to decide what you’re looking for in a savings account. How often are you planning to draw out money? How much money can you afford to save each month?

You need to work out what you need before comparing the different offers available for certain types of savings accounts. Once you’ve done that, it’s useful to look at:

  • Interest rates
  • Fees (If there are any.)
  • Access to cash (If you need quick access, for instance.)

Can I open a Halifax savings account online?

Yes, you can open and manage a Halifax savings account online, through the app, in a branch or over the phone. You can open kids’ savings accounts online too.

Halifax customer reviews

In our independent 2025 customer satisfaction survey, 70% of Halifax’s users said they’d recommend the brand to a friend.

The Halifax app has a rating of 4.8 out of 5 from over 1.7 million reviews on the App Store. On Google Play, the app has a score of 4.6 from more than 249,000 Android app users (updated April 2025).

What are the pros and cons of banking with Halifax?

Pros

  • Online/app/phone/in-person banking. Access your Halifax savings accounts online, in the app or over the phone. You can also head into a branch.
  • Flexibility. As an established bank, Halifax offers a range of savings options, whatever your situation.
  • Quick application. Open an account online quickly and easily.
  • Range of children’s accounts. Halifax offers a number of kids’ savings accounts.
  • Savers prize draw. If you hold over £5,000 in savings with Halifax, you could be in with a chance of winning a prize payout.

Cons

  • Better rates elsewhere. Many of Halifax’s easy access and ISA savings rates are on the low side. You may be able to get better rates elsewhere, particularly when it comes to adult savings options.

Customer service information for Halifax

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Our verdict

Whether you want to lock away your money for a fixed amount of time, or need to be able to access it whenever required, Halifax offers a wide range of accounts for your needs. However, the savings rates on offer aren’t always the best and can often be beaten by other mainstream or digital challenger banks.

Against a backdrop of rising living costs, inactivity or missguided loyalty can come at a cost. Halifax (along with several other banks) has been accused of not passing on increases to customers when the Bank of England base rate has gone up.

Yes, there’s a monthly savings prize draw… which may be enough to dissuade some people from putting their savings elsewhere. But the most reliable way to maximise your precious savings returns will be to check today’s best savings rates across the board.

Halifax and Finder Awards

Finder Awards logo

Our Finder Awards celebrate brands that truly stand out in their field, creating innovative personal finance products and providing outstanding service to their customers. Halifax is one of these brands and was named our 2025 Kids' Banking Provider of the Year Award winner!

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.

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Chris Lilly is Head of publishing at finder.com. He's a specialist in personal finance, from day-to-day banking to investing to borrowing, and is passionate about helping UK consumers make informed decisions about their money. In his spare time Chris likes forcing his kids to exercise more. See full bio

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Chris has written 540 Finder guides across topics including:
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