I would like to share with you my opinion of the Halifax Websaver.
What is it?
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The Halifax websaver is an online based savings account from (funnily enough) the Halifax.
What are it's features?
~~~~~~~~~~~~~~~~~~~~~~~
The websaver has many interesting features. Firstly ... Read review
Advantages: Excellent rates. Good level of access. Easy to use. Disadvantages: Forms to fill in.
...you my opinion of the Halifax Websaver.
What is it?
~~~~~~~~~~~
The Halifax websaver is an online based savings account from (funnily enough) the Halifax.
What are it's features?
~~~~~~~~~~~~~~~~~~~~~~~
The websaver has many interesting features. Firstly you can give yourself different "pots" which you can name individually. This is basically like having several different accounts, ... ...amounts of years and the Halifax offers 3 month, 6 month, 1 year, 2 year, 3 year, 4 year and 5 year bonds. The rates for the bonds are quite good too (See rates)
Lastly transfering money is very easy and you an also set up standing orders online. If you are transfering between two halifax accounts it is even easier and is done almost instantly.
How fast is it?
~~~~~~~~~~~~~~~
Transactions always seem to ... more
I would like to share with you my opinion of the Halifax Websaver.
What is it? ~~~~~~~~~~~ The Halifax websaver is an online based savings account from (funnily enough) the Halifax.
What are it's features? ~~~~~~~~~~~~~~~~~~~~~~~ The websaver has many interesting features. Firstly you can give yourself different "pots" which you can name individually. This is basically like having several different accounts, but named which makes it more personal. How about "Bills Bread Budget" or "Pat's Pogo Pot"?? Se if you can come up with some better ideas!!
Another feature is that you can easily set up different length bonds. Bonds are basically savings which are put in for certain amounts of years and the Halifax offers 3 month, 6 month, 1 year, 2 year, 3 year, 4 year and 5 year bonds. The rates for the bonds are quite good too (See rates)
Lastly transfering money is very easy and you an also set up standing orders online. If you are transfering between two halifax accounts it is even easier and is done almost instantly.
How fast is it? ~~~~~~~~~~~~~~~ Transactions always seem to be completed very quickly, especially if you a re transferring between two Halifax accounts. You can expect most transactions to be done well within an hour if it is a weekday.
The site operates at a fairly reasonable speed - It really depends on what speed access you have. I have a 56k modem and the site seems okay.
But I rather a cashcard. Is this possible? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Yes, this is possible but you get a slightly lower rate of interest for the privilidge. To avoid the problem of a lower rate of interest I reccomend you keep very little in your Cashcard "pot" and only transfer money across when you need it. The cashcards are part of the "Link" network, meaning you have access to your money from THOUSANDS of cashpoints accross the U.K including Natwest's and Woolwich's
What are the interest rates like? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The interest rates are VERY competitive and feature highly on the "Money Supermarket(.com)"'s list of reccomended rates. As previously mentioned, the rates are lower for a cashcard account, but you can overcome this problem.
Where can I access/put in the money? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ You can access the money online (obviously), through thousands of cashpoints and/or via their 100's of branches.
What about if I need help - Fast!! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Halifax have a dedicated helpline which can help solve all of your problems. When I have used it they have been fast to answer and have always sorted out my problems. The good news is that it is a national rate number, not a premium rate number so the call charges won't add up!
Any Drawbacks? ~~~~~~~~~~~~~~ Yes, as with most online banks. There are still many forms that you have to fill in, so it is not entirely "Online".
Conclusion ~~~~~~~~~~ The websaver is a great service, especially for children as it is easy to use, fast and reliable. There are no monthly charges and they have excellent rates of interest.
I would reccomend it highly to anyone with £10+ to save who wants easy online and highstreet access to your money.
Advantages: Quick, flexible banking options Disadvantages: PC and IE only
...for 24-hour telephone banking with Halifax before you can go ahead and use Halifax-Online. Which is puzzling in many ways as 24-hour banking is normally standard with most banks and is not normally something you need to register for. However it does not take long, and customer services seems to be fairly good.
Key in your sort code and account number along with the specific digits requested from your telephone banking security number and continue ... ...various other services online with Halifax too along with a WebSaver account which I have just recently setup.
The idea is simple, with WebSaver you can setup various savings accounts with various options available to you in terms of the length of time you cannot use the money and various rates of interest.
Each time you setup a new saver account you give it a personal name. i.e. Holiday Savings. Then you select the terms you would like on the ...
WillKnn 26.03.2001
· Read full review
Ciao members have rated this review on average: very helpful Review of Halifax Online Banking
Advantages: ease of use, high interest rates, Disadvantages: nope
I joined Halifax Online last year and have had no problems with it. I am able to access my current account details 24 hours a day and every time I have tried to access the service it has been successful - I have never known the service to be down.
In order to register for the service you need to have a Halifax Current account and to have registered for their telephone banking service. This may seem strange, but what they do for extra security is ... ...not even the operators at Halifax Direct know all your details so the system is really secure.
Anyway, back to Halifax Online - you can view an up-to-date statement, and I mean UP TO DATE - if you go to a cash machine and take out some money it appears immediately on your transaction list. You can view and delete your direct debits, set up bill payments, pay bills, transfer money between accounts - basically pretty much everything you can do on ...
mikewatson 15.01.2001
· Read full review
Ciao members have rated this review on average: very helpful Review of Halifax Online Banking
Advantages: Free,Safe,Secure and Easy site + free antivirus software Disadvantages: up to 14 days waiting for activation
...is why I suggest the Halifax Web Saver Account.
Web Saver as it suggests is a bank account that run’s from the Internet. Later in this opinion I will review all of the safety features provided for you. Firstly though I would like to explain the easy use of registration.
- Registration -
By visiting http://www.halifax-online.co.uk you can simply register for free, and you must provide the essential details. Such as, Address, Telephone etc. Now ... ...Variety of Options. Also the Halifax Online Service does not require 10-pound deposits etc. to open your account, so relatively speaking, it’s free!
Setting up Websaver –
From the displayed list you can see the option Websaver. Upon selecting it the Websaver screen is displayed. Now if you are all ready set up with Websaver a list of all of your sub-accounts will be displayed. If not, the list will be blank. This means that you have not got 1 or ...
fairypancakes 05.02.2001
· Read full review
Ciao members have rated this review on average: very helpful Review of Halifax Online Banking
Advantages: Manage all your financial transactions online Disadvantages: can't deposit!
...been a customer of the Halifax Bank for over 30 years now. When they first introduced on line banking I immediately signed up to this and what a boon it has been! Signing up is an easy process and you are required to choose a user name and password and to provide answers to several security questions.
Once you have received your logging in details from the Halifax signing in is simple. You just have to log in with your user name, password and the ... ...making bill payments, transferring between Halifax accounts, requesting overdrafts, changes to overdrafts etc.
It is also possible to open web saver accounts easily online. I have opened several for different reasons. One is for a holiiday fund, one is for short term savings and one for longer term savings.
The Halifax have a faster payments service now so it is possible to transfer money within the space of a couple of hours. You are also given ...
Krazikas 30.12.2008
· Read full review
Ciao members have rated this review on average: very helpful Review of Halifax Online Banking
...I decided to give the Halifax Telephone Banking Service a try (the number of which was on my bank card).
Well, what a great choice it turned out to be! Give ‘em a bell, do the usual security checks (one of which requests a six digit PIN number) and hey presto – you’re in!
Using your telephone keypad and the automated menu system, you can access whatever personal account information need – all at the push of a button. Also, should you need further ... ...of staff.
Jobs a good ‘un!
Anyway, after a few months (when I’d finally got around to getting online at home) I decided to check out the range of online services available at www.halifax.co.uk. Well, what can I say? Very impressed!
Although the site can be a little slow at times (Macromedia Flash 3.0 is recommended for optimum viewing), the site is very easy to navigate and it also contains each of the services that are available over the phone ...
Rodarama 09.09.2000
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Ciao members have rated this review on average: very helpful Review of Halifax Online Banking
Efficiency of service
Competitiveness of char...
Online - Content/organi...
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Advantages: Plenty of articles, has some messageboards, excellant quotes facilities Disadvantages: They've just ditched their Shares portfolio service, which was light years better than any similar service on the 'net
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Advantages: you can see your balances online Disadvantages: hardly anywere accepts it
i was waiting for ages for my first card hoping you could use it online so that i could buy and sell on ebay mostly, but when it came i found out hardly anywhere accepts it including paypal. dont buy it stick with solo cards,
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Advantages: An easy share dealing system to use Disadvantages: none- fairly competitive with rest of market
rare unless you are very experienced, and there are many internet rumors to encourage penny share investors to part with their money quickly).
If you are interested in building up a portfolio of penny shares on a budget or only have a small amount of money to invest, for regular monthly investments I would recommend you create a Halifax Share Builder account, where the commission charges for purchase of share is nominal. This is a service where Halifax buy in bulk on set days of the month, and dramatically reduce the commission costs for account holders.
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