Our Notice Accounts

Notice accounts: are they right for you?

Notice accounts are a bit more flexible than fixed-term investments and bonds, and will often give you a higher interest rate than easy access accounts. Here are some quick facts to help you decide if notice accounts are right for you:

Saving with a notice account
  • Notice accounts let you take out your money. You just need to give the bank the required notice period before making a withdrawal.
  • Interest rates on notice accounts are often a bit higher than you would get with an easy access account.
  • The down side – this may not be as high as you would get on some fixed-term products, so if you can wait to access your money, you might be better looking at different options.
  • The notice period can be several months, so if you are likely to need to get to your money quickly, an easy access account may be better for you.