Kent Reliance 60 Day Notice Account – Issue 52
AER
Notice/Term
Minimum Required
Account Opening
5.13%
60 Days
£1,000
Internet, Branch, Post
Notice Accounts – Approx 2 months
Disclaimer: The rates shown are for information purposes only. Although endeavours have been made to provide accurate and timely information, Investment Sense Ltd cannot be held responsible for any errors or omissions of the information supplied.
All rates are subject to change without notice, please check with the bank or building society before investing. With fixed term notice savings accounts you can’t usually withdraw your money until the notice term has ended. Penalties may apply.
Eligible deposits are protected by the Financial Services Compensation Scheme ‘FSCS’ up to a maximum level of £85,000 per person per registered institution.
FirstSave 60 Day Notice Account (Feb 24)
AER
Notice/Term
Minimum Required
Account Opening
5.05%
60 Days
£100
Internet
Harpenden Building Society Online 60 Days’ Notice (Issue 2)
AER
Notice/Term
Minimum Required
Account Opening
5.00%
60 Days
£1,000
Internet
Chorley Building Society 60 Day Notice Account
AER
Notice/Term
Minimum Required
Account Opening
4.05%
60 Days
£1
Internet, Branch, Post
The Stafford Building Society Notice 60 Account
AER
Notice/Term
Minimum Required
Account Opening
3.80%
60 Days
£5,000
Internet, Branch, Post
Notice Accounts – Approx 2 months
Notice Accounts often offer a higher rate of interest than an Instant Access Savings accounts, although to benefit from the higher rate savings must be tie up for a period of time.
The notice period needed to access savings is usually between one and six months, although some accounts allow instant access subject to a penalty in the form of lost interest. Savers using Notice Accounts should therefore be careful to ensure they can afford to tie up their savings for the notice period.
The accounts shown on this page require notice of approximately two months to be given before savings can be accessed, although some accounts will allow early withdrawal if a penalty is paid. Savers should always check the terms and conditions of the account to confirm exactly when you can withdraw your savings and what the penalty might be.
As with other types of accounts Notice Accounts often offer a bonus rate of interest, which when withdrawn after a set period of time, can make the account uncompetitive. Savers who want to take advantage of these bonus or introductory interest rates should therefore be prepared to move their savings, in search of a better interest rate, when the rate drops.
