Halifax ISA Review

Compare Halifax ISAs – read our review and compare the features and benefits available from Halifax. Find an ISA that suits you and make the most of your annual tax-free savings.

Halifax offers market leading Individual Savings Accounts (ISA) with interest rates well above the Bank of England Base rate. Club this together with the fact that your interest is tax-free, and you will see why ISA's are the first place to go when looking for a savings account.

You can open a Halifax ISA with as little as £1, and can invest up to the maximum annual cash ISA limit of £5,640 per tax year. You can access your cash if required, but it is recommended that you leave it to grow, as you cannot replace your withdrawals back into your account without using more of your allowance  up.

With Halifax fixed rate bonds, you can manage your savings 24 hours a day using the online service, or by phone.

Top 5 ISA products

Provider
Account
AER
ISA Transfers In
Notice
Deposit Per Year
Apply
1.45%
Yes
Instant
Min £500
Max £15,000
1.30%
Yes
Instant
Min £10
Max £15,000
1.00%
Yes
Instant
Min £1
Max £15,000
No withdrawal penalties. Transfer your existing ISA balances to this ISA.
1.00%
Yes
Instant
Min £1
Max £15,000
No withdrawal penalties. Transfer your existing ISA balances to this ISA.

Natwest Cash ISA

NatWest
  • Save from £1 and save up to £15,000 per tax year.
  • Earn 1.0% AER to 1.5% AER depending on deposit:
  • £25,000+ = 1.5% AER
  • £1 - £24,999+ = 1.0% AER
  • Instant access to your funds with no penalties
  • Monthly tax-free interest – Natwest can pay the interest into your Cash ISA Plus or another NatWest account.
  • Manage your ISA by Phone, post, in branch and online
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Scottish Widows e-Cash ISA

Scottish Widows
  • Minimum balance £10
  • Annual cash ISA limit is £15,000 (2014-15)
  • No notice period or penalties for withdrawals
  • Transfers from other cash ISAs accepted

RBS Cash ISA

RBS
  • Save from £1 and save up to £15,000 per tax year
  • Earn 1.0% AER to 1.5% AER depending on deposit:
  • £25,000+ = 1.5% AER
  • £1 - £24,999+ = 1.0% AER
  • Instant access to your funds with no penalties
  • Monthly tax-free interest – RBS can pay the interest into your Cash ISA Plus or another RBS account.
  • Manage your ISA by Phone, post, in branch and online
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme

Sainsburys ISA

Sainsbury's
  • Earn a tax-free variable rate of 1.45% AER (variable)
  • From the 1 July 2014, the total allowance for saving in an ISA has increased to an upper limit of £15,000 in a tax year. This means as long as you don't also have an ISA (cash or stocks and shares) with another provider, from 1 July 2014 you can save up to £15,000 in a Sainsbury's Bank Cash ISA
  • ISA transfer service - move existing Cash ISA funds held with other providers
  • Easy to apply and manage either online or by phone
  • Minimum deposit of £500 to open your account
  • Interest is paid annually on the anniversary of account opening
  • Available to new and existing customers
  • YOUR SAVINGS ARE PROTECTED UP TO £85,000 PER PERSON BY THE FSCS - Financial Services Compensation Scheme