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FIXED Rate Halifax Web Saver 7.00%
FIXED Rate Halifax Web Saver 7.00%

FIXED Rate Halifax Web Saver 7.00%

With the interest rate being cut by 1.5% now is a good time to get a FIXED rate savings account. This deal ends tonight, 7% for 3 months

6.5% for a year if you can tie your money up for that long

halifax.co.uk/sav…asp

29 Comments

Pretty good, but 6.5% for a year is (probably) an even better deal if you can afford to tie your money up that long.

voted hot, nice rate of interest. May attract a lot of customers after they see their existing savings account interest rate fall.

Original Poster

Sorry to hear that, my current account is with HBOS and i opened it within 10mins.

egg is 6.55% for a year and you can move money in & out when you want

Original Poster

dpb_69;3387836

egg is 6.55% for a year and you can move money in & out when you want



I dont think thats fixed

6.55% gross pa/AER variable

hot from me, took advantage of the offer

Please note that this is 7.0% AER

It doesn't mean that you get 7% interest calculated daily based on your present balance.

If you ask me its a below average deal and not worth a sniff to be honest.

sweep_the_leg_;3387985

Please note that this is 7.0% AERIt doesn't mean that you get 7% interest … Please note that this is 7.0% AERIt doesn't mean that you get 7% interest calculated daily based on your present balance.If you ask me its a below average deal and not worth a sniff to be honest.



can you find anything better?

Go to moneyfacts.co.uk for a good charts listing mortgage rates and savings deals

dogswotsits;3388064

Go to moneyfacts.co.uk for a good charts listing mortgage rates and … Go to moneyfacts.co.uk for a good charts listing mortgage rates and savings deals



yeh im aware of these websites but cant see many that will beat this 7% unless its a monthly saver but thats not the same.
sweep the leg obviously has some secret knowledge

masterruckus;3388111

yeh im aware of these websites but cant see many that will beat this 7% … yeh im aware of these websites but cant see many that will beat this 7% unless its a monthly saver but thats not the same. sweep the leg obviously has some secret knowledge



Do you work for Halifax or something pal?

sorry if this sounds thick but will isa's drop also

sweep_the_leg_;3388134

Do you work for Halifax or something pal?



lol no, i just want to hear of a better deal than this pal

sweep_the_leg_;3387985

Please note that this is 7.0% AERIt doesn't mean that you get 7% interest … Please note that this is 7.0% AERIt doesn't mean that you get 7% interest calculated daily based on your present balance.If you ask me its a below average deal and not worth a sniff to be honest.



most accounts are quoted AER these days

mardurrr;3388170

sorry if this sounds thick but will isa's drop also



all saving rates should also drop by 1.5% i believe, unless you have a FIXED rate account

If you've already got a Monthly Saver (and Instant Saver) with them, you can't get it.
My Dad has opened a 6 month account wirth Saga (Over 50s) at 6.9%

sweep_the_leg_;3387985

Please note that this is 7.0% AERIt doesn't mean that you get 7% interest … Please note that this is 7.0% AERIt doesn't mean that you get 7% interest calculated daily based on your present balance.If you ask me its a below average deal and not worth a sniff to be honest.



for 3 months, you would get roughly 7% x 3months divided by 12months worth of interest (pre tax, tax is 20% for the average earner)

Roughly after tax it works out 1.4% for a 3months period.
so if you put £1000 today and dont touch the bank account at all (NO MONEY IN/OUT), you would expect about £14 of interest (after tax) after 3months.

if you put £1000 today and dont touch the bank account at all (NO MONEY IN/OUT), using the 1 year [email protected] 6.5%, you would expect £52 after tax (about £13 every 3 months)

shesus!!! those are some bad returns!!!

sweep_the_leg_;3387985

Please note that this is 7.0% AERIt doesn't mean that you get 7% interest … Please note that this is 7.0% AERIt doesn't mean that you get 7% interest calculated daily based on your present balance.If you ask me its a below average deal and not worth a sniff to be honest.



I'm sorry, but that's very misleading and it's wrong to put people off when you clearly don't know what you are talking about. Loans quote APR and savings quote AER. It amounts to broadly the same thing.

If you had £1000 at 7% AER you would get £70 interest if you kept your money in a year, £35 if you kept it in 6 months or £17.50 after three months. (all figures before tax)

Of course it doesn't mean that you get 7% a day based on your present balance, but you do get 7% a year which is a lot better than most accounts at the moment.

If it's below average, let's see some better deals please.

savings for wimps, in this day and age we sholudld all be unlocking the money in our cars tody.

Keeps giving me the same warning no matter what i select:

> You cannot select an annual interest option if your interest frequency is 'end of term'


Must have stopped it.

realblender;3387795

doesn t look like you can open it tonight unless you are an existing … doesn t look like you can open it tonight unless you are an existing customer



Might be right, It looks like you have to open a variable rate web saver account, then put some money into it, then transfer the money into a fixed rate account, by which time this rate will have been axed.
Does anyone different?

Original Poster

doberman;3390414

Might be right, It looks like you have to open a variable rate web saver … Might be right, It looks like you have to open a variable rate web saver account, then put some money into it, then transfer the money into a fixed rate account, by which time this rate will have been axed.Does anyone different?



Open a variable with £1 in it then open the fixed one

jb66;3390504

Open a variable with £1 in it then open the fixed one



This won't do much since additional deposits are not permitted.

Stop wasting your time and chasing after the banks that pay the best interest on these short term deals. They just want you to run around every 6 months changing banks, what a waste of time! It is forbidden in Christianity and Islam and this usury is a parasitic on the poor on Africa who end up paying 10 times their debt in interest so the banks can give you 7%. And when you borrow from them, they charge you 10% and when you have savings they give you 0-5%....

Quite a few states in USA have laws against usury and it was banned before the money lenders persuaded Henry VIII to relax the usury laws in England.

Who has withdrawn his hand from the poor And [COLOR="Red"]not received usury[/COLOR] or increase, But has executed My judgments And walked in My statutes -- He shall not die for the iniquity of his father; [COLOR="Red"]He shall surely live[/COLOR]! (Ezekiel 18:17)

Qur'an - Al-Baqarah 275-281

275. Those who eat Ribâ (usury) will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitân (Satan) leading him to insanity. That is because they say: "Trading is only like Ribâ (usury)," whereas Allâh has permitted trading and forbidden Ribâ (usury). So whosoever receives an admonition from his Lord and stops eating Ribâ (usury) shall not be punished for the past; his case is for Allâh (to judge); but whoever returns [to Ribâ (usury)], such are the dwellers of the Fire - they will abide therein.

276. Allâh will destroy Ribâ (usury) and will give increase for Sadaqât (deeds of charity, alms, etc.) And Allâh likes not the disbelievers, sinners.

277. Truly those who believe, and do deeds of righteousness, and perform As-Salât (prayer), and give Zakât (charity), they will have their reward with their Lord. On them shall be no fear, nor shall they grieve.

278. O you who believe! Be afraid of Allâh and give up what remains (due to you) from Ribâ (usury) (from now onward), if you are (really) believers.

279. And if you do not do it, then take a notice of war from Allâh and His Messenger but if you repent, you shall have your capital sums. [COLOR="Red"]Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums).[/COLOR]

280. [COLOR="Red"]And if the debtor is in a hard time (has no money), then grant him time till it is easy for him to repay, but if you remit it by way of charity, that is better for you if you did but know.[/COLOR]

281. And be afraid of the Day when you shall be brought back to Allâh. Then every person shall be paid what he earned, and they shall not be dealt with unjustly.

Banned

sweep_the_leg_;3387985

Please note that this is 7.0% AERIt doesn't mean that you get 7% interest … Please note that this is 7.0% AERIt doesn't mean that you get 7% interest calculated daily based on your present balance.If you ask me its a below average deal and not worth a sniff to be honest.


Just why do people moan and then offer nothing better! :whistling:

You wont beat this rate!

Banned

zaheer2003;3393655

Stop wasting your time and chasing after the banks that pay the best … Stop wasting your time and chasing after the banks that pay the best interest on these short term deals. They just want you to run around every 6 months changing banks, what a waste of time! It is forbidden in Christianity and Islam and this usury is a parasitic on the poor on Africa who end up paying 10 times their debt in interest so the banks can give you 7%. And when you borrow from them, they charge you 10% and when you have savings they give you 0-5%....Quite a few states in USA have laws against usury and it was banned before the money lenders persuaded Henry VIII to relax the usury laws in England.Who has withdrawn his hand from the poor And [COLOR=Red]not received usury[/COLOR] or increase, But has executed My judgments And walked in My statutes -- He shall not die for the iniquity of his father; [COLOR=Red]He shall surely live[/COLOR]! (Ezekiel 18:17) Qur'an - Al-Baqarah 275-281275. Those who eat Ribâ (usury) will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitân (Satan) leading him to insanity. That is because they say: "Trading is only like Ribâ (usury)," whereas Allâh has permitted trading and forbidden Ribâ (usury). So whosoever receives an admonition from his Lord and stops eating Ribâ (usury) shall not be punished for the past; his case is for Allâh (to judge); but whoever returns [to Ribâ (usury)], such are the dwellers of the Fire - they will abide therein.276. Allâh will destroy Ribâ (usury) and will give increase for Sadaqât (deeds of charity, alms, etc.) And Allâh likes not the disbelievers, sinners.277. Truly those who believe, and do deeds of righteousness, and perform As-Salât (prayer), and give Zakât (charity), they will have their reward with their Lord. On them shall be no fear, nor shall they grieve.278. O you who believe! Be afraid of Allâh and give up what remains (due to you) from Ribâ (usury) (from now onward), if you are (really) believers.279. And if you do not do it, then take a notice of war from Allâh and His Messenger but if you repent, you shall have your capital sums. [COLOR=Red]Deal not unjustly (by asking more than your capital sums), and you shall not be dealt with unjustly (by receiving less than your capital sums).[/COLOR]280. [COLOR=Red]And if the debtor is in a hard time (has no money), then grant him time till it is easy for him to repay, but if you remit it by way of charity, that is better for you if you did but know.[/COLOR]281. And be afraid of the Day when you shall be brought back to Allâh. Then every person shall be paid what he earned, and they shall not be dealt with unjustly.


What a load of religious codswallop :whistling:

Original Poster

doberman;3390930

This won't do much since additional deposits are not permitted.



I did it, opened up a var account with 1 pound, then open the fixed one and transfered 2000 from my current account, hope its not too late for you

down to 6.75% now.
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