The internet is a great way for savers to operate their account, and to keep track of their finances wherever and whenever they like. Some savers, however, may be easily tempted by this convenience. One way to avoid dipping into funds is to open an account which requires advance notice to access funds, and imposes penalties such as loss of interest if the condition is breeched. Here are the current top online accounts which all require 30 days' notice.
Market Harborough Building Society – onthedot 30 day notice
This account pays a rate of 2.55%. A monthly interest option is also available at 2.40%. Savers can invest between £1 and £150,000, although the initial deposit must be made by cheque. Earlier access is allowed, although this is subject to 30 days' loss of interest. The account can be operated by savers aged 16 and over.
Melton Mowbray Building Society – Online 30 Day Notice
This account pays a rate of 2.55% each month. Investments range from £1,000 and £250,000. Earlier access is allowed, although savers will lose 30 days' interest. The maximum withdrawal amount within one day is £10,000 and all transactions must be made via a nominated account. Savers must be aged 16 and over to operate this account.
FirstSave – 30 Day Notice
This account pays a rate of 2.00% on its anniversary. The AER is guaranteed to be at least 0.25% above bank base rate until 1 January 2010 and at least equal to bank base rate until 1 January 2012. Savers can invest between £100 and £2m, while for savers choosing the monthly interest option at 1.98%, the minimum deposit is £5,000. Earlier access is allowed, subject to 30 days' loss of interest. All withdrawals must be made via a nominated account and savers must be aged 18 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 Any products featured may be withdrawn by their provider or changed at any time.
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