N/SIDEPEOPLE
Registered User
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Halifax have posted an ad in The Irish Times today announcing 2.5% reduction. They confirmed it over the phone.
For those with Halifax regular saver accounts it is important they now read the terms and conditions. Initial reaction might be to close the account but before thats done read 3.6 of the tersm and conditions, - ''In addition to interest, the bonus rate of interest will be paid on your account on each account opening anniversary if, but only if, the following conditions are met in that year - (a) no more than two withdrawals have been made in that year from your account. (b) Your account has not been closed in that year by you or us (c) all twelve monthly payments in the amounts set out in the application form have been made by you to your account in that year.'' In other words any account closed now before twelve monthly payments are paid will not get 7%.