Important Information - Halifax Stepped Income Reserve

Summary Box: Key Product Information

Account Name Halifax Stepped Income Reserve
Interest rates (AERs)  Interest rates in more detail
Tax Status  Interest will be paid net of income tax (currently 20%) unless you register your account with us to receive gross interest
Conditions for bonus payment There is no bonus available on this account
 Withdrawal  arrangements

No withdrawals allowed

Early closure permited after 1 year. You'll lose the equivalent of 6 days interest for each remaining month or part month of the term (minimum 30 days)

 Access Branch, telephone and online (enquiry only service)

Fixed interest  - guaranteed fixed interest rate that rises by fixed amounts each year

Interest paid - paid annually or monthly (at a slightly lower rate)

Maturity of term - we will write to you 4 weeks before your maturity date to ask for instructions

Eligibility - UK and non-UK resident personal and non-personal customers

Account conditions (opens as PDF)

Things to consider before opening a savings account

We are a member of the Financial Services Compensation Scheme so our customers' savings are protected (up to £50,000).

 

Next Steps

Call now on 0845 601 8150 (lines are open 8am to 8pm Monday to Friday, 8am to 6pm Saturday and 9am to 5pm Sunday)

Find your nearest branch Call into any branch (find your nearest branch)

Calls from BT landlines to 0845 numbers will cost no more than 2p a minute plus a 7p connection fee. The price of calls through other phone companies and from mobile phones will be different. The call price we have quoted was correct in October 2008.