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Halifax Fixed Rate Bonds Review

Compare Halifax Fixed Rate Bonds – read our review and get a detailed breakdown of the terms and rates Halifax offer. Make an informed decision and find a Fixed Rate Bond to suit your savings needs.

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.

Top 5 Fixed Rate Bonds products

Provider
Account
AER
Interest Paid
Min Bal
Apply
1.90%
Fixed term for 5 years
Monthly/Annually
£1,000
1.85%
Fixed term for 4 years
Monthly/Annually
£1,000
1.35%
Fixed term for 3 years
Monthly/Annually
£1,000

Vanquis Bank 3 Year Fixed Rate Bond

Vanquis
  • Available Online Only.
  • Deposit between £1,000 to £250,000 for THREE YEARS in ONE PAYMENT and benefit from a guaranteed savings rate.
  • Annual or Monthly interest options available.
  • Sole or Joint Accounts.
  • Restricted to UK residents 18 years or older.
  • No additional deposits, withdrawals or closure during term.
  • Vanquis Bank is a UK bank with operations and call centres in London, Chatham, Bradford and Newcastle, and is part of the Provident Financial Group, a FTSE 250 company founded over 130 years ago.
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 BY THE FSCS - Financial Services Compensation Scheme

Vanquis Bank 5 Year Fixed Rate Bond

Vanquis
  • Available Online Only.
  • Deposit between £1,000 to £250,000 for FIVE YEARS in ONE PAYMENT and benefit from a guaranteed savings rate.
  • Annual or Monthly interest options available.
  • Sole or Joint Accounts.
  • Restricted to UK residents 18 years or older.
  • No additional deposits, withdrawals or closure during term.
  • Vanquis Bank is a UK bank with operations and call centres in London, Chatham, Bradford and Newcastle, and is part of the Provident Financial Group, a FTSE 250 company founded over 130 years ago.
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 BY THE FSCS - Financial Services Compensation Scheme

Vanquis Bank 4 Year Fixed Rate Bond

Vanquis
  • Available Online Only.
  • Deposit between £1,000 to £250,000 for THREE YEARS in ONE PAYMENT and benefit from a guaranteed savings rate.
  • Annual or Monthly interest options available.
  • Sole or Joint Accounts.
  • Restricted to UK residents 18 years or older.
  • No additional deposits, withdrawals or closure during term.
  • Vanquis Bank is a UK bank with operations and call centres in London, Chatham, Bradford and Newcastle, and is part of the Provident Financial Group, a FTSE 250 company founded over 130 years ago.
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 BY THE FSCS - Financial Services Compensation Scheme