Halifax Kids' Regular Saver - Halifax

Halifax Kids' Regular Saver

Halifax
4.5 % AER
Headline Interest Rate
FSCS
Compensation Scheme
£ 10 min initial deposit
£ 1,200 max balance
  • Open By:
High interest rate
Must be aged 15 or under to open

About the account

Headline Interest Rate: 4.5 % AER
Headline Interest Balance: £ 10
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 10
Date account was introduced: 15 Dec 2017

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term
  • You are under 15 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£104.50%4.50%4.50%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: maturity
Minimum Balance: £ 10
Maximum Balance: £ 1,200
Statement Frequency: annually
Additional Deposits: Allowed
Standing Orders: Not allowed

Withdrawals

Withdrawal Conditions: No withdrawals permitted during term of account. Early closure of the account is permitted without notice, penalty or charge.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: No withdrawals permitted during term of account.
Transferred on Maturity: On maturity the account will become a variable rate easy access account.

Conditions

Trustee Types: This product is available to open on behalf of a child.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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