The best rate in the fixed rate savings chart overall came from Gatehouse Bank, with its Fixed Term Green Saver paying an expected profit rate of 1.40% gross on anniversary on a five-year term. This account requires a £1,000 minimum deposit to open. It has the incentive of Gatehouse Bank planting a tree in a UK woodland when the account is opened and funded. It must be opened and managed online.
New to the top of the three year fixed rate bond chart this week was Zopa’s 3 Year Fixed Term Savings account, which pays 0.99% gross monthly, although savers should note that interest is only available on maturity. To open this account, a £1,000 minimum deposit is needed. It must be opened online and can then be managed online and via mobile app.
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.
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Moneycorp Bank has the best rate for a notice account for another week, with 90 Day Notice Account paying 0.65% gross on a monthly basis. A minimum of £10,000 is needed to open this internet-operated account, along with a Deposit Account with Moneycorp Bank for transactional purposes. It allows further additions of at least £10,000 while the issue remains open, and withdrawals are permitted subject to 90 days’ notice.
Secure Trust Bank offers the next-best rate of 0.60% gross quarterly on its 120 Day Notice Account. At least £1,000 is needed to open the account, with further additions of at least £1,000 welcome at any time. Withdrawals are also permitted, subject to 120 days’ notice being given, though it should be noted that only four interest withdrawals and three capital withdrawals will be allowed per year. The account must be opened online, after which it becomes phone and internet-operated.
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