New Web Saver Reward Savings Account From Halifax

Halifax has a new Web Saver Reward savings account, paying a bonus for customers who have their main bank account with them.

The new savings account offers a variable rate of 2.80% AER/gross p.a. for 12 months. For customers who also hold their main bank account with Halifax will also receive an additional 0.20% in interest taking the rate to 3.00% (AER/Gross).

The account is available to both new and existing customers and a minimum balance of just £1 is required.

It can be opened and managed online and an unlimited number of deposits and withdrawals can be made.

At the end of the 12 month period, customers will be able to review their savings requirements and take steps to ensure they have the best deal for their money.

Flavia Palacios, head of Halifax savings products, said “With base rate at a historic low, the variable Web Saver Reward offers customers a great rate with the potential to benefit from an increased return should the Bank of England Base Rate rise.”

MoneyHighStreet.com comment: As well as considering this savings account, have you used up your Cash ISA allowance for this tax year? If not you only have until next Tuesday to open one up with this year’s ISA allowance. The attraction is that the interest is tax free.