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Fixed term maturity instructions
You can do this online
- The rates on this page are guaranteed up to your maturity date if there are 25 days or less until your fixed term account matures. You'll need to give your instructions to reinvest your existing balance before the maturity date.
- If you’d like to add some more money to your account, you can. We can’t guarantee the same rate for any extra deposits, but if the same rate doesn’t apply we’ll let you know.
- You can provide your maturity instructions up to 28 days before it matures.
- Select Amend your maturity instruction.
- Select one of the four maturity instructions:
- Reinvest full balance.
- Reinvest balance and add funds.
- Partial withdrawal and reinvest balance.
- Withdraw full balance and close account.
- Your account will automatically change to an Instant Saver if you do not give an instruction.
Let’s take a closer look
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You can call us or visit your local branch with a counter. If you lose your maturity pack you can still give your instructions by phone, online or in one of our branches with a counter.
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Account name
Benefits and features
Interest rate
Account name
Benefits and features
Fixed interest rate gives you peace of mind.
Access in branch, by phone and online.
Monthly interest is available so you can use your savings to supplement your income.
Bear in mind
The minimum opening deposit is £500.
No extra deposits or withdrawals allowed.
You can close the account early but for the one year term account you’ll be charged the equivalent of 90 days’ gross interest. For the two year term account you’ll be charged the equivalent of 180 days’ gross interest. For the five year term account you’ll be charged the equivalent of 365 days’ gross interest. This means you may get back less than you put in.
Must fund the account within 10 days of the account opening date.
Interest rate
3.80%
AER/gross interest for the 1 year term.
3.40%
AER/gross interest for the 2 year term.
An extra 0.10% AER/gross for the one and two-year term will be added if you already hold a Halifax Personal Current Account that has been open for a minimum of 40 days.
3.20%
AER/gross interest for the 5 year term.
If your account matures on a Friday, weekend or bank holiday, you won't see your requested changes in Online Banking until the next working day.
If your account has already matured and you have not yet reinvested your money, you can open a new fixed term savings account and transfer your matured savings to it. Another option is to renew it into one of our easy access savings accounts.
For a definition of AER, gross and other terms, view our savings glossary.
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