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Product focus: No notice accounts

Product focus: No notice accounts

Category: Savings

Updated: 04/04/2011
First Published: 04/04/2011

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 It is now over 6 months old so the content may be out of date.

No notice accounts allow investors to make unlimited, penalty free withdrawals and are best suited to those who require frequent, short-term access to their money. Here is a selection of some of the best no notice deals currently in the market.

Santander– eSaver Issue 3

  • This account pays a rate of 3.00% on its anniversary including a bonus of 2.50% for 12 months.
  • A monthly interest option is also available at 2.96% with a 2.46% bonus for 12 months.
  • Savers can invest between £1 and £2m. No advance notice is needed to access funds, although there is a maximum cash machine withdrawal limit of £300 a day.
  • The account can be operated online only by savers aged 16 and over.

ING Direct – Savings Account

  • ING Direct's Savings Account pays a monthly rate of 2.96% including a 2.46% bonus for 12 months.
  • Investments range between £1 and £50,000.
  • Funds can be accessed without advance notice, however all withdrawals must be made via a nominated current account.
  • The account is available to savers aged 18 and over and can be operated by telephone and online.

AA – AA Internet Extra Issue 4

  • This account pays a rate of 2.80% on its anniversary including a bonus of 2.30% for 12 months.
  • Savers can invest between £1 and £1m.
  • Funds can be withdrawn without advance notice and penalty, via a nominated account.
  • The account is available to savers aged 18 and over and can be operated, as the name suggests, online only.

Find the best savings rates for you - Compare savings accounts


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 Any products featured may be withdrawn by their provider or changed at any time.

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