halifax regular saver accounts

[they_screwed_me_too]

these accounts work great for PP

however ive realised (after not reading the manual AGAIN)

that you cant withdraw funds for 1 year

lesson learned

[Imakemoney]

You sure?

At least the christmas after this one will be a good one

[they_screwed_me_too]

made a few stealth accounts acouple of weeks ago

added some halifax savers

withdrew £300 today with the intention to transfer to my current account

theres no option to transfer

fixed term of 1 year

im sure if i went into branch i could sort it but thats how it is

[sax4]

Originally Posted by Imakemoney

You sure?

At least the christmas after this one will be a good one

Sounds like an ISA to me

[they_screwed_me_too]

my isa works fine for PP

the regular saver is a "higher" interest account

you have to leave the dosh in to get that rate

oh well there will be 306 when i withdraw haha

[abcblablabla]

worst than a paypal account!
at least with paypal is only 6 months you'll have to wait

[rsot]

Ugh fixed terms - I hear that

[Ebayorbust]

Just be careful if using ISAs. There are annual limits on what can go into the account (and therefore withdrawn from paypal).

[Imakemoney]

ISAs have also been known to not like miss-matching names from many banks, or so I've read on here, so best to be avoided if possible

[sax4]

Has anyone tried the Halifax ISA with a different name, tempted to open one up as opposed to opening another Halifax Esaver, mix things up a bit

[NoneOther]

Use the Halifax Online Saver as you can transfer any time you like from these.

[sax4]

Originally Posted by NoneOther

Use the Halifax Online Saver as you can transfer any time you like from these.

Ah ok didn't realise you couldn't transfer. Cheers

[Stigger]

yer too many complications, i made a post somehwere about what complications are involved, anyway not woth bothering with imho.

[Callidus]

Online saver still ok though?

[sax4]

Originally Posted by hdavey10

Online saver still ok though?

Yep.........

[moneyhustler88]

Yeah i had 14 halifax online savers for paypal..they work fine..i even had a halifax online isa which work..don't anymore though..you can transfer funds fine and still work fine..although now they limited how many u can open online think it's like 3 per person now

[NoneOther]

By HMRC rules you are only allowed one active cash ISA per tax year

[sax4]

Originally Posted by moneyhustler88

Yeah i had 14 halifax online savers for paypal..they work fine..i even had a halifax online isa which work..don't anymore though..you can transfer funds fine and still work fine..although now they limited how many u can open online think it's like 3 per person now

Whoah. When you say you "had" what happened? You closed your account?

[moneyhustler88]

Hi this was in 2011/12. And yeah i just got fed up of so many accounts and eventually some of the stealths got limited anyway with 0 funds so i just wrote to halifax and closed them..they did this no problem. Right now I got 1 online ISA and 2 online savers..then just 3 normal current accounts

[northernlad]

Open an ONLINE INTERNET savings account - easy peasy easy easy to open - instant if you are an existing Halifax customer.. open with £1... I've got 12 of them running and receiving cash in... you can transfer it to wherever you want with no restrictions or hassles.... ooooooooooohhh its lovely!!!!

[kgbonme]

how many account u can open online savings account per person now on Halifax?

[Stigger]

Originally Posted by kgbonme

how many account u can open online savings account per person now on Halifax?

quite a few but think of the bigger picture.