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Halifax opens late for ISA season

3rd April 2014 Print

With the end of the tax year looming, Halifax is making life easier and more convenient for customers by opening the majority of its branches late. The bank expects to open a new ISA in its branches every five seconds when they open on April 7th, the first working day of the new tax year.
 
The branches will open until 7pm on Thursday 3rd, Friday 4th April and Monday 7th April, and until 4pm on Saturday 5th April, with customers able to open an ISA online until 11:59pm on the 5th April.
 
Richard Fearon, Head of Halifax Savings said: “With everyone leading such busy lives, we’re extending our opening hours to give customers a little extra time just when they need it. For savers who are looking to use this year’s tax-free allowance, or to get a head start on their finances in the new tax year, we have a range of market-leading ISAs available. It’s exactly the right time to organise your savings, as after the 5th April savers will lose any part of their allowance they haven’t used.”
 
Halifax was the first bank to change its rules so customers can take advantage of the increased £15,000 limit, announced in the budget in March. Savers opening a fixed rate ISA from the 6th April can benefit from tax free savings from the beginning of the tax year and still be in a position to top up to the £15,000 limit when it becomes available in July 2014.
 
Best buy ISAs from Halifax
 
Halifax recently launched its ISA range, which includes an 18 month fixed rate ISA paying 2%, a 2 year at 2.05% and a three year at 2.25%.
 
The Halifax Junior ISA remains market leading two years after its launch, continuing to offer the same best buy rate of 6%.