The thought of Christmas shopping may be far from most people's minds in the current warm summer months, however, it is never too early to start squireling away some cash on a regular basis in preparation for the weeks of expenditure.
Notice accounts are best suited to savers who do not require immediate access to their money.
These accounts can pay slightly higher rates of return in comparison to their easy-access counterparts, based upon the condition that the investor's money will remain untouched unless advance notice is given to the provider.
Early access to money is often prohibited and notice terms can vary greatly depending on the account and provider, so applicants must take time to check the terms and conditions to be sure it suits their financial and lifestyle requirements.
Shawbrook Bank 120 Day Notice Personal Savings Account Issue 10
Penny says… "This account pays a competitive rate of return for savers with investments of £1,000 and over.
"Further additions can be made, although early access is prohibited during the four month term."
Islamic Bank of Britain Sharia'a Compliant 120 Day Notice
Penny says… "This competitive account is available to savers who have £1,000 or more to invest.
"Further additions can be made, however, funds can not be accessed early without advance notice, so this deal is best suited to savers who do not require immediate access to their money."
Shawbrook Bank 95 Day Notice Personal Savings Account Issue 9
Penny says… "Savers with large deposits of £25,000 and over will be pleased with this competitive account.
"The option to receive interest on a monthly basis will appeal to those looking to supplement their income via their savings."
Aldermore 30 Day Notice Issue 4
Penny says… "Mirroring the 120 day notice account sitting in first place, this deal from Shawbrook Bank pays a rate of 1.80% in return for giving 95 days' advance notice."
Norwich & Peterborough Building SocietyBranch Notice Saver (Issue 3)
Penny says… "Requiring 30 days' advance notice, this deal from Aldermore also pays a competitive rate of return on a monthly basis.
Information & Rates correct as at: 25/07/2013
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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 Any products featured may be withdrawn by their provider or changed at any time.
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