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Product focus: No notice accounts

Product focus: No notice accounts

Category: Savings

Updated: 17/12/2012
First Published: 18/01/2012

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 It is now over 6 months old so the content may be out of date.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 savings accounts may be best suited to investors who need short-term access to their funds without incurring penalties. Here is a selection of some of the current best variable no notice accounts in the market.

Santander - eSaver Issue 4

  • This account pays a rate of 3.10% on its anniversary, including a variable bonus of 2.60% for twelve months.
  • A monthly interest option is available at 3.06% with a 2.56% bonus for the same period.
  • Savers can invest between £1 and £2 million.
  • No advance notice is needed to access funds.
  • The account can be operated by telephone and online by investors aged 16 and over.

Skipton BS - Online Bonus Saver

  • The Online Bonus Saver account pays 3.05% on its anniversary, including a bonus of 1.55% for twelve months.
  • Investments range between £1,000 and £1 million.
  • Funds can be withdrawn without advance notice or penalty, although all withdrawals must be made online to a nominated external account or transferred internally to a Skipton Building Society account.
  • This product is available to savers aged 16 and over and, as the name suggests, can be operated online only.

Post Office - Online Saver Issue 4

  • This account pays 3.01% annually including a bonus of 1.36% for twelve months.
  • A monthly interest option is available at 2.97% with a bonus of 1.33% for twelve months.
  • Savers can invest between £1 and £2 million.
  • No advance notice is required to access funds, although withdrawals must be made via a nominated account.
  • The account can be operated online only by savers aged 18 and over.
Find the best savings accounts for you - compare savings accounts with bonuses

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 Any products featured may be withdrawn by their provider or changed at any time.

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