You may have noticed adverts for Halifax's new "High Interest Current Account" which pays 5.12% interest on balances up to 2500. Existing Halifax customers may be interested to know that I was able to change from the standard account to the high interest account simply by asking
- no forms, same account number etc.
I make that ~65 quid a year improvement (before tax) with the maximum balance of 2500. Not much but, in my opinion, worth having.
Beware though, the high interest account only pays 0.1% on balances over
2500.Gareth.