Halifax fixed rate bonds offer savers an alternative to instant access savings accounts by fixed the interest rate paid on balances over an agreed term, providing a predictable income whilst encouraging you to leave your money to grow.
By fixing the rate you can protect your investment from lowering rates reflected by cuts made to the Bank of England Base rate. This effectively means that you could be earning well above any rates paid to new customers throughout the life of your bond.
Halifax offer a range of bonds designed to suit all types of savers, with terms lasting from 3 months to 5 years, and initial deposits accepted from £500 to £9 million per account.
With Halifax fixed term bonds you can manage your account 24 hours a day 7 days a week with Halifax's online banking facilities.
Before opening a fixed rate bond it is important to be sure that you are in a good enough financial position to lock your money away for a chosen period of time. You have to remember that Halifax does not allow early withdrawals or additional deposits after opening an account.
By fixing the rate you can protect your investment from lowering rates reflected by cuts made to the Bank of England Base rate. This effectively means that you could be earning well above any rates paid to new customers throughout the life of your bond.
Halifax offer a range of bonds designed to suit all types of savers, with terms lasting from 3 months to 5 years, and initial deposits accepted from £500 to £9 million per account.
With Halifax fixed term bonds you can manage your account 24 hours a day 7 days a week with Halifax's online banking facilities.
Before opening a fixed rate bond it is important to be sure that you are in a good enough financial position to lock your money away for a chosen period of time. You have to remember that Halifax does not allow early withdrawals or additional deposits after opening an account.
