A Notice Account also has an added benefit: with the provision of only 100 days notice, you can withdraw funds from it. This combination of being able to deposit your money how you’d like and its relative accessibility makes a Notice Account the perfect solution for people who are serious about saving, but require some flexibility. The funds in your account will accrue interest daily, but it will be paid annually on the anniversary of your account’s opening.
|Product Type||Interest Rate||Minimum Deposit||Maximum Deposit|
|100 Day Notice Account||1.70% AER||£1,000||£250,000||Apply||More info|
Interest paid annually. Access - Internet Banking, Phone, Post
Example – If you were to deposit £1,000.00 into the account for 1 year at an annual Gross rate of 1.70% (variable) this would generate an estimated balance of £1,017.00
The above example is for illustrative purposes only, does not take account of your individual circumstances and makes the following assumptions:
This account might be right for you if:
Your account will need to be funded from a UK current account and all interest and capital will be paid into this account.