What interest rate does the Halifax Fixed Saver 2 Year pay?

The Halifax Fixed Saver 2 Year pays 4.10% AER, fixed for 2 years.

How much interest could I earn?

Saving £10,000 for 2 years would earn about £837 at 4.10% AER. This assumes the rate stays the same and interest stays in the account.

How much can I pay in?

You can deposit at least £500.

Can I withdraw my money?

No. Your money is locked in until the fixed term ends, so only put in what you won't need before then.

When is interest paid?

You can choose to have interest paid monthly or annually.

Who can open this account?

New and existing Halifax customers can open it. You can open it online, in branch, in the app or by phone.

Is my money protected?

Yes. Eligible deposits are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person, per banking licence.

How does it compare with other two-year fixed rate bonds?

At 4.10% AER it ranks 59th of 63 two-year fixed rate bonds we track. The best pays 5.16% and the average is 4.61%.

Dashboard

Fixed Rate

Halifax Fixed Saver 2 Year Review

A two-year fixed rate bond from Halifax. It ranks 59th of 63 two-year fixed rate bonds we track.

Rate checked Oct 2026Got this account? Leave a review

Fixed rate · 2 years

4.10%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£500

Max balance

No limit

Access

At maturity only

Interest paid

Monthly/Annually

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

Go to Lloyds

How It Stacks Up

Ranks 59th of 63

2-year fixed bonds we track

Well below average

This account 4.10%

UK CPI (Aug 2026): 3.10%; Pays 1.00% more
Average 2-year fixed: 4.61%; Pays 0.51% less
Best 2-year fixed: 5.16%; Pays 1.06% less

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

Compare fixed bonds

A Good Fit For

Pro: New and existing savers
Pro: Savers who want a monthly income

Worth Weighing Up

Con: Your money is locked in for 2 years

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Estimated returns with Halifax's Fixed Rate

What you could earn with Halifax's Fixed Saver 2 Year.

Estimated interest

£1,000 saved

£83.68

At 4.1% AER

£5,000 saved

£418

At 4.1% AER

£10,000 saved

£837

At 4.1% AER

£50,000 saved

£4,184

At 4.1% AER

Estimated over the 24-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 Fixed Saver 2 Year

Jonny PeaseCo-Founder, DepositScout

Halifax's Fixed Saver 2 Year pays 4.10% and will suit savers who want a straightforward two-year fix with a well-known high street name and a low entry point of £500. That said, the rate sits 1.25% below the fixed-rate market leader at 5.35%, which puts it below the market average and is a meaningful gap over two years. The money is locked until maturity with no access, so if you need flexibility this is not the right account. Alternatives worth checking include Kent Reliance's 2 Year Fixed Rate Bond at 4.91% or NS&I's Guaranteed Income Bonds at 4.81%.

Compare Fixed Rate Bonds