As with the top easy access saving accounts, the top paying notice accounts all have some type of opening restriction. Again, savers looking for an account without any opening restrictions should visit our notice account chart where they will be able to find lower-paying accounts that are available to all without restrictions.
ICICI Bank UK had the top notice account rate this week with its Notice Savings Account paying 0.85% gross monthly on a £1 opening minimum deposit and is available to new and existing HomeVantage Current Account customers. Further additions are allowed. Withdrawals can be made subject to 95 days’ notice. All transactions must be made via a linked HomeVantage Current Account. This account can be opened and managed online, in branch and by phone. Customers should be aware that the rate will reduce to 0.55% on 15 March 2021.
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 �
One year
The top-paying fixed rate bond this week came from Shawbrook Bank, which pays 1.35% gross on anniversary on its 7 Year Fixed Rate Bond Issue 6. 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 also a version of this account that pays interest monthly at a lower gross rate of 1.34%.
In the five year fixed rate bond chart, both Shawbrook Bank and UBL UK had accounts that paid the highest AER. Shawbrook Bank’s 5 Year Fixed Rate Bond Issue 33 pays 1.25% gross on a £1,000 minimum opening deposit. This account can only be opened online, but can then be managed online and by phone. There is a version that pays interest monthly at a slightly lower gross rate of 1.24%. UBL UK pays a higher gross rate of 1.28% on maturity on its 5 Year Fixed Term Deposit. There are also versions of this account that pays 1.25% gross on anniversary and 1.24% gross monthly. All accounts require a £2,000 mi