Product focus: No notice savings accounts - Savings - News - Moneyfacts

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Product focus: No notice savings accounts

Product focus: No notice savings accounts

Category: Savings

Updated: 30/11/2011
First Published: 30/11/2011

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 It is now over 6 months old so the content may be out of date.
As the Christmas season vast approaches some customers may receive monetary gifts and wish to put this away for a rainy day.

No notice savings accounts are a popular choice among savers as funds can be accessed without advance notice or penalties.

Here is a selection of the current best easy access savings deals for online applications.

Santander - eSaver Issue 4

  • The eSaver account pays a rate of 3.10% on its anniversary including a bonus of 2.60% for twelve months.
  • A monthly interest option is available at 3.06% including a bonus of 2.56% for twelve months.
  • Investments range between £1 and £2 million.
  • Funds can be accessed without advance notice or penalty.
  • The account is available to savers aged 16 and over and can be operated online only.

Nationwide Building Society - MySave Online Plus Issue 4

  • This online account pays a monthly rate of 3.08% including a bonus of 1.58% for twelve months.
  • Savers can invest between £1,000 and £3 million.
  • One notice and penalty free withdrawal is allowed per rolling year.
  • If more than one withdrawal is made in the twelve month period, a lower rate of 0.10% will be paid for the month in which the withdrawal was made.
  • The account is available to savers aged 16 and over and can be operated online only.

Post Office - Online Saver Issue 4

  • This account pays a yearly rate of 3.01% including a bonus of 1.36% for twelve months.
  • A monthly interest option is available at 2.97% including a bonus of 1.33% for twelve months.
  • Savers can invest between £1,000 and £2 million.
  • No advance notice is required to access funds, although all 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 notice 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 Any products featured may be withdrawn by their provider or changed at any time.

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