Notice Accounts | The Savings Guru

Notice Accounts

Provider	Rate	Min/Max Deposit	Opening Account	Accessing Account	Interest Options	SG Verdict
Al Rayan Bank	0.90% (60 Day)	£250 / No Maximum	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Paid Away Paid on the last working day of the month	This account pays expected profit, rather than interest, to meet Sharia law requirements.
BLME	1.10% (90 day)	£10,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid Away	This account pays expected profit, rather than interest, to meet Sharia law requirements. Although £10,000 is required to open the account, once open, a lower minimum balance of £1,000 is needed. There is also a minimum withdrawal amount of £1,000
30 day notice	1.05% (120 Day) 0.85% (90 Day) 0.80% (60 Day) 0.75% (30 Day)	£1 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid Compounded Paid annually on 30th June	Chorley was founded in 1859 and is one of the smallest building societies in the UK, looking after £235m of savings Chorley has three branches - two in Chorley and one in Leyland
Close Brothers	0.90% (95 day) 0.75% (35 Day)	£10,000 / £2m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid Compounded Paid annually on 30th June	First ever appearance in our notice accounts from FTSE 250 listed Close Brothers Savings. Close has been trading since 1878 and looks after £5.5bn of savings
Apply Now	1.12%	£1,000 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid On Maturity	The best paying notice account in the market - we don't expect this rate to last long so move quickly if it appeals! Manchester based DF Capital are a specialist commercial bank lending to Small & Medium sized Enterprises (SMEs) in the UK. They were authorised as a bank in September 2020. DF Capital don't have internet banking yet so this account is operated and accessed via a secure email messaging service.
ICICI Bank	0.85% (95 days)	£1,000 / £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid On Maturity Paid Away	ICICI Bank UK is a subsidiary of the Indian Bank of the same name, which has been trading in the UK since 2003. It has around £1.65bn of UK savers deposits. The rate on this account is currently 1.10% but drops to 0.85% on 31st October 2020.
Melton Building Society	1.00% (90 day)	£100 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Monthly Paid on the last working day of the month	The Melton is based in Melton Mowbray, with additional branches in Grantham and Oakham, and looks after £380m of savings. Melton give 0.10% of the average daily balances held in the account to Rainbows Hospice for Children and Young People charity (www.rainbows.co.uk) - a great initiative from Melton
A Secure Trust Bank	0.75% (60 Day) 0.65% (30 Day)	£1,000 / £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Quarterly Paid: 31 Mar 30 June 30 Sept 31 Dec	Birmingham based Secure Trust Bank look after over £2bn of deposits. Their products tend not to be able for long so move quickly if this rate appeals. Find out more about them here: https://www.thesavings.guru/bank-directory/182-secure-trust-bank
UBL	1.00% (35 Day)	£1 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Anniversary Paid Monthly Paid Annually Paid Away	United Bank UK, which was formed in 2001 from the merger of two Pakistani banks, has branches in Ilford, Bradford, Birmingham, Glasgow Manchester and London
AA United Trust	1.05% (100 Day) 0.75% (40 Day)	£5,000 / £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Annually	Competitive rates from London based specialist lender United Trust. Savers should note that, while this account can be opened online, it can only be managed by post or at UTB’s branch in Moorgate, London

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