The top paying notice account that is available to new customers this week was Shawbrook Bank’s 120 Day Notice Personal Account Issue 48, which pays 0.72% gross on anniversary. This account requires a £1,000 minimum deposit to open. It allows further additions and withdrawals can be made subject to 120 days’ notice. The account must be opened online but can then be managed online and by phone. There is also a version of this account that pays interest monthly at the same gross rate.
The next-best notice account rate came from Allica Bank, which pays 0.70% gross on anniversary on its 95-Day Notice Personal Savings Account (Issue 1). This account requires a £1,000 minimum deposit to open. It allows further additions and withdrawals are permitted subject to 95 days’ notice. It can only be opened online and then must be managed by phone.
Managing account: By post
Other information: Minimum applicant age 18. Joint account option available. BLME transfer account required. Sharia-compliant account – rates shown are expected profit rate.
FCMB Bank (UK) has made various amendments to its range of Raisin UK products this week, including launching new offerings and increasing the rate on others. The 2 Year Fixed Term Deposit is one of the accounts to see an increase and now pays 0.88% on maturity (compounded annually). This improves the account’s position in our top rate tables when compared to other bonds with similar terms currently available. As is common in the fixed rate market, neither early access nor further additions are permitted, meaning that investors are advised to plan carefully. However, those happy to secure their savings pot away for the term and able to meet the minimum investment amount of £1,000 may find this an attractive option. Additionally, a welcome bonus of up to £50 can be claimed when
Topping the notice chart this week with an account available to new customers was Moneycorp Bank, which pays 0.65% gross monthly on its 90 Day Notice Account. This account requires a £10,000 minimum deposit to open and, as well as this, savers must have or open a Deposit Account with Moneycorp Bank for transactional purposes. Further additions are allowed while the issue remains open from a minimum of £10,000. Withdrawals can be made subject to 90 days’ notice. This account must be opened and managed online.
Hanley Economic Building Society had the next-best rate with its Notice 90 account paying 0.55% gross yearly from £25,000, while a higher rate of 0.65% is paid on deposits of £50,000 and a lower rate of 0.35% is paid on deposits at £100. This account, however, has localised opening restrictions. Savers interest in this account can find out more by visiting our notice account chart.
The top rate in the notice account chart this week came from Moneycorp Bank, which pays 0.65% gross monthly on its 90 Day Notice Account. A £10,000 minimum deposit is needed to open this account, along with a Deposit Account with Moneycorp Bank for transactional purposes. It allows further additions while the issue remains open from a minimum of £10,000. Withdrawals are permitted subject to 90 days’ notice. The account must be opened and managed online.
Moneybox, which is operated by Investec Bank plc, had the next-best notice account rate paying 0.60% gross monthly on its 95 Day Notice Account. To open this account, a £1 minimum deposit is needed. It allows further additions and withdrawals can be made subject to 95 days’ notice. The account must be opened and managed via mobile app. Teachers Building Society also pays 0.60% gross yearly on its Teacher Home Saver and Union Home Saver, but these accounts are restricted to those within the teaching profession or NEU members. S
The top fixed bond rate this week continued to be offered by Shawbrook Bank, which pays 1.35% gross on anniversary on its 7 Year Fixed Rate Bond Issue 6. This account requires a £1,000 minimum deposit to open and must be opened online. Once opened, it can be managed online and by phone. There is a version of this account that pays interest monthly at a slightly lower gross rate of 1.34%.
Four providers offered the top-paying five year fixed bond rate this week. Shawbrook Bank pays 1.25% gross on anniversary on its 5 Year Fixed Rate Bond Issue 33. A £1,000 minimum deposit is needed to open this account. It must be opened online, but can then be managed online and by phone. There is a version of this account that pays interest monthly at a slightly lower gross rate of 1.24%. UBL UK pays a gross rate of 1.28% on maturity on its 5 Year Fixed Term Deposit, but also offers versions of this account that pays 1.25% gross on anniversary and 1.24% gross monthly. All versions require a �