Fixed Rate

Halifax Family Boost Fixed Savings Account Review

One of the best-paying three-year fixed rate bonds, from Halifax. It ranks 8th of 46 three-year fixed rate bonds we track.

Fixed rate · 3 years

5.00%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£0

Max balance

£50,000

Access

At maturity only

Interest paid

Annually

Halifax is becoming Lloyds. Halifax is being retired on 31 October 2026.

Go to Lloyds

How It Stacks Up

Ranks 8th of 46

3-year fixed bonds we track

Among the best
This account 5.00%
UK CPI (Aug 2026)
3.10%
Pays 1.90% more
Average 3-year fixed
4.66%
Pays 0.34% more
Best 3-year fixed
5.18%
Pays 0.18% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

Compare fixed bonds

Worth Weighing Up

  • Con: Your money is locked in for 3 years

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Estimated returns with Halifax's Fixed Rate

What you could earn with Halifax's Family Boost Fixed Savings Account.

Estimated interest

£1,000 saved

£158

At 5% AER

£5,000 saved

£788

At 5% AER

£10,000 saved

£1,576

At 5% AER

£50,000 saved

£7,881

At 5% AER

Estimated over the 36-month term, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on Halifax Family Boost Fixed Savings Account

Jan WatermannCo-Founder, DepositScout

This account is not a conventional savings product: it only opens alongside a Halifax Family Boost first-time-buyer mortgage, and your deposit acts as security for that mortgage rather than sitting freely in your name. The 5.00% rate sits near the market average, 0.35% behind the fixed-rate leader at 5.35%, though it does beat August 2026 CPI of 3.1% by 1.90%. The cap of £50,000 and the no-access-until-maturity rule over three years are the main constraints to weigh before committing.

2 alternatives to Halifax's Family Boost Fixed Savings Account

Same type of account, closest on rate.

Common questions about the Family Boost Fixed Savings Account

D

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4.20% AER
4.75%
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