Receive the Savings Guru's updates straight to your inbox

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.  

Allica Bank
1.10% (95 Days) £1,000 / £250,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Anniversary
  • Paid Monthly
  • Paid Annually
  • Paid On Maturity

Allica are based in Milton Keynes and were awarded their banking licence in 2019 and launched in April 2020. 

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

Family Building Society
0.80% (£100,000+)
0.75% (£50,000+)
0.55% (£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 currently 1.35%/1.25%/1.10% but drop to those displayed from 30th July 2020 **

ICICI Bank
1.10% (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 1.40% but drops to 1.10% from 1st September

Kent Reliance
0.55% (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

Melton Building Society
0.75% (100 days) £1,000 / £250,000

Branch
App
Internet
Post
Telephone

Branch
App
Internet
Post
Telephone

  • Paid Away or Compounded
  • Paid Annually
  • Annual interest paid 31st March

-       Limited Company

-       LLPs

-       Not for profit organisations

-       Partnership

-       Sole Trader

-       Charities (registered)

-       Churches

-       Clubs

-       Schools/Colleges

-       Social Enterprises

-       Must be UK registered business

The Melton is based in Melton Mowbray, with additional branches in Grantham and Oakham, and looks after £380m of savings.

** The rate on this account is currently 1.36% but falls to 0.75% on 1st August and 0.60% on 8th September **

Secure Trust Bank
0.60% (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
This account from Birmingham based Secure Trust is not expected to be available for long so move quickly if it appeals.
Shawbrook Bank
0.60% (120 Day)
0.55% (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.

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 moreMeet the Team

Ask the Guru a Question

Your Name

Please let us know your name.
Your Email

Please let us know your email address.
Question

Please let us know your message.


Invalid Input