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Halifax Childrens Regular Saver Account

Last post Wed, Nov 22 2006, 3:34 PM by Stephen Barton. 0 replies.
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  •  Wed, Nov 22 2006, 3:34 PM

    Sad [:(] Halifax Childrens Regular Saver Account

    The advertising for this account suggests that if you save regularly for a year into this account they will give you 10% as gross fixed interest rate.
    In fact they pay around 5.2% on the anniversary of taking out the account which is similar to most other accounts.
    I have written to the Halifax to see what they say.
    The whole thing is misleading and disadvantages prospective account holders
    Actually I don't remember Money supermarket pointing this out.
    • Post Points: 5