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120 Day Notice Account

Variable rate of interest
earn 3.50% AER*
3.45% gross pa
You may have difficulty completing our online application using a screen reader. Find out how to apply by telephone instead.

Pros and cons

  • Usually higher interest than easy-access accounts
  • Manage your account online or by phone
  • No instant access to your money
  • Interest rate is variable - could increase or decrease

This account has limited availability and can be withdrawn at any time. 

To apply for an account, you must have a UK current account in your name to use as your Nominated Account.

This will be the account you use to make payments in and out of this account, so it's important that your Nominated Account uses an identical account number and sort code for money in and money out.

Key features

  • Variable Rate Notice Account
  • Account can be managed by Internet Banking or by phone
  • Minimum £1,000 deposit must be made within 30 days of opening the account
  • Minimum £1,000 operating balance 
  • Minimum £1,000 for each deposit
  • Electronic payments only; cheques not accepted
  • Maximum £1,000,000 account balance (excluding credit interest)
  • Maximum £1,000,000 aggregate balance across all accounts held (excluding credit interest)
  • Maximum of 3 withdrawals per calendar year (120 days' notice required)
  • Interest paid quarterly into a Nominated Account or credited to this account
  • Statements issued quarterly
  • Statements are provided via Internet Banking, with the ability to download and print or the option to change to paper if required

Help & FAQs

Why choose Secure Trust Bank?

You want a financial services provider you can trust. To help you make an informed decision, here's some of the reasons why Secure Trust Bank may be the right place for you and your money:

  • Award winning products and customer service
  • Friendly, UK-based call centre
  • Listed on the London Stock Exchange since 2011
  • Well-capitalised and profitable
  • Customer deposits protected by the FSCS

Find out more

Certified savings champions

We're proud winners of multiple awards, including Best Savings Provider.

Savings Champion Best Notice Account Provider  Savings Champion Finalist Best Online Savings Provider

See all our awards


120 Day Notice Account (09.Mar.23)

3.50% AER* / 3.45% gross pa

Interest is calculated daily and applied on 31 March, 30 June, 30 September and 31 December. You can choose to have your interest added to your Notice Account or paid away to your Nominated Account.

Yes, we can vary your interest rate. We will notify you as per your Terms and Conditions - please see clause 13 of the General Terms and Conditions for more information.

Your estimated balance would be £1,035.00 based on a deposit of £1,000 after 12 months 

This is for illustrative purposes only, does not take into account individual circumstances and makes the following assumptions:

  • Your initial deposit is paid into the Account when it is opened
  • No further deposits are made
  • No withdrawals are made

To open an account you must:

  • Be 18 or over
  • Reside in the UK
  • Have a minimum deposit of £1,000

The minimum operating balance for personal accounts is £1,000, and the maximum aggregate balance across all accounts held is £1,000,000. 

How to open the account and pay in:

  • You must apply for the product online via the application link
  • Deposits must be from your Nominated Account by electronic payment; cheques are not accepted 
  • If we cannot electronically verify that funds have been sent from an account in your name, they will be returned
  • Each deposit into the account must be a minimum of £1,000
  • This account is only available to personal customers

How to manage the account:

Accounts are managed by Internet Banking or by telephone on 0345 111 7092.

Statements are provided via Internet Banking, with the ability to download and print or the option to change to paper if required.

If you are looking to transfer the balance of an existing Secure Trust Bank Notice Account to this account, you must serve the notice period required.

Please note that your new account must be funded with the initial minimum deposit within 30 days of opening the account, or the account will close and you will not be able to transfer your balance.

Withdrawals can only be made by giving us 120 days' notice. You cannot withdraw your funds earlier than this. There are no penalties for making withdrawals.

The maximum number of withdrawals allowed in any calendar year is 3.

Any interest earned will be paid gross; we will not deduct tax from interest accrued on your savings. Tax treatment may be subject to change in the future. For more information, please visit HMRC at

This is a strictly limited issue and can be withdrawn at any time. We will not contact you to let you know when the Account is withdrawn.

The following services are subject to a charge:

  • Duplicate statement £5 / item
  • Payment requested by CHAPS £20 / item
  • BACS recall £30 / item
  • BACS trace £15 / item

* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded on an annual basis.

Secure Trust Bank PLC. Registered in England and Wales 541132. Registered Office: One Arleston Way, Solihull, B90 4LH.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our registration number is 204550

All communications with us will be monitored/recorded to improve the quality of our service and for your protection and security.