Notice Accounts | The Savings Guru

Notice Accounts

Provider	Rate	Min/Max Deposit	Opening Account	Accessing Account	Interest Options	SG Verdict
Allica Bank	0.86% (95 Days)	£10,000 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid Compounded	Allica are based in Milton Keynes and were awarded their banking licence in 2019 and launched in April 2020. You can find out more about them here
Apply Now	0.80% (32 Days)	£1,000 / £85,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid On Maturity	This product is only available on the Raisin platform
BLME	0.80% (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
Charter Savings	1.05% (120 Day) 1.00% (95 Day) 0.63% (60 Day) 0.56% (30 Day)	£5,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Away or Compounded Paid Monthly Paid Annually	Wolverhampton based Charter Savings is part of Chartercourt Financial Services, which launched in 2015, and has recently merged with One Savings Bank, which has a combined £16.6bn of savings balances
Close Brothers	0.80% (95 Day) 0.50% (35 Day)	£10,000 / £2m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid Compounded Paid annually on 30th June	Close has been trading since 1878 and looks after £5.5bn of savings
DF Capital	1.05% (120 Day) 0.95% (90 Day)	£1,000 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Added to the account	DF Capital are a specialist commercial bank, based in the UK, lending to Small & Medium sized Enterprises (SMEs) in the UK. They were authorised as a bank in September 2020. You can find out more about them here
Hampshire Trust	0.90% (95 days)	£1,000 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on 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 £1.1bn of deposits
Oaknorth	1.01% (120 Day) 0.91% (90 Day) 0.55% (35 Day)	£1,000 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Paid Compounded	OakNorth launched in 2015 and offers debt and property finance to UK small and medium size enterprises. It changes rates regularly without notice so move quickly if this rate appeals.
Oxbury Bank	1.06% (120 Day) 0.90% (95 Day) 0.79% (65 Day) 0.65% (35 Day)	£1,000 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Annually Paid Compounded	Oxbury is a specialist agricultural bank, focused on lending to UK farms. It got its banking licence in 2020 and launched savings accounts in February 2021. Savers will need a smartphone to download the Oxbury Banking App as part of the security measures to access their online account
Apply Now	0.82% (95 Day)	£1,000 / £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid on Anniversary Paid Away or Compounded Paid Monthly Paid Annually	RCI have been a regular in our easy access and fixed rate bond tables. This is their first entry in our notice accounts. Part of French car giant Renault, RCI are now a UK licensed bank and covered by the Financial Services Compensation Scheme
Secure Trust Bank	0.95% (120 Day) 0.85% (90 Day) 0.80% (60 Day) 0.70% (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

About The Savings Guru

We help savers get the best deal for their money by providing unique insight in to the savings market. We help prospective banks apply for a banking licence and we help build customer services, products and marketing for them. We also work with existing banks and building societies to improve their savings propositions. This insider view of savings means we are uniquely placed to help savers.

Find out more Meet the Team

Ask the Guru a Question