Notice Accounts | The Savings Guru

Notice Accounts

Provider	Rate	Min/Max Deposit	Opening Account	Accessing Account	Interest Options	SG Verdict
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	1.10% (30 Days)	£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
Family Building Society	1.35% (£100,000+) 1.25% (£50,000+) 1.10% (£10,000+) (35 Day)	£3,000 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Added to the account Paid 31st May	Epsom based Family Building Society is part of National Counties Building Society, the 11th largest in the UK. It looks after £1.7bn of savings. The rates on this account are dropping to 0.80%/0.75%/0.55% from 30th July 2020
95 Day Notice	0.75% (95 days)	£1,000 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Anniversary Paid Away or Compounded Paid Annually	London based Hampshire Trust Bank launched in 1977 but was acquired by a new management team in 2014. HTB look after around approximately £700m of deposits
ICICI Bank	1.40% (95 day)	£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 1.60% but drops to 1.40% from 15th June 2020 and then 1.10% from 1st September
Kent Reliance	1.05% (60 Day)	£1,000 / No maximum	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Paid Annually Monthly interest paid on the last working day of the month Annual interest paid on 5th April	Kent Reliance are part of One Savings Bank, which is listed on the FTSE 250. One Savings Bank has recently completed its merger with Charter Court Financial Services (which includes Charter Savings Bank) and now looks after combined savings balances of £16.3bn
120 Day Notice Account	1.05% (120 Day) 1.00% (40 Day)	£500 / £100,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Anniversary Paid Away or Compounded Paid Monthly Paid Annually	Low minimum balance on this notice account from Birmingham based Paragon Bank, who look after over £4bn of savings.
AA Secure Trust Bank	1.00% (60 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	This account from Birmingham based Secure Trust is not expected to be available for long so move quickly if it appeals.
Apply Now	1.20% (120 Day) 1.05% (45 Day)	£1,000 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Anniversary Paid Away or Compounded Paid Annually	First appearance in our notice tables from Essex based Shawbrook who launched in 2011 and look after £6.1bn of savings.

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