Product focus: 60 day notice accounts - Savings - News - Moneyfacts

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Product focus: 60 day notice accounts

Product focus: 60 day notice accounts

Category: Savings

Updated: 21/03/2011
First Published: 21/03/2011

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Investors who do not need immediate access to funds may be best suited to a notice account. Should they need to make a withdrawal, savers must notify their provider bearing in mind the notice period required. Here is a selection of some of the top accounts requiring 60 days' notice.

Manchester Building Society – Premier Notice Issue 24

  • This account pays 3.01% including a bonus of 0.85% for 12 months.
  • Investments range between £1,000 and £75,000.
  • Savers must give 60 days notice to access their money, and up to 6 withdrawals are permitted each calendar year.
  • The account can be operated by savers aged 18 and over in branch or by post.

Dunfermline Building Society – 60 Day Notice

  • The rate of return for this deal is dependent on the number of withdrawals made.
  • Savers who make up to 4 withdrawals a year will receive a rate of 3.00% including a bonus of 1.00% for 12 months, while those who access funds 5 or more times a year will receive a rate of 2.00% with no bonus.
  • Investments range from £1,000 to £1m.
  • Early access is subject to 60 days loss of interest.
  • The account is available to savers aged 16 and over and can be operated by post or telephone.

krbs – 2012 Bonus Account

  • The 2012 Bonus Account pays 2.87% including a bonus of 2.12% until 30.6.12.
  • A monthly interest option is also available at 2.83% with the same bonus rate and term.
  • Investment amounts are dependent on when interest is paid.
  • Savers choosing annual interest can invest between £500 and £1m, while the monthly interest option requires investments between £10,000 and £1m.
  • Advance notice of 60 days is required to access funds and early access is not allowed.
  • The account can be operated in branch and by post and savers must be aged 16 and over.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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