Up to 30 DaysUp to 4.45%
Compare the best notice savings accounts UK 2025
Discover a range of notice savings accounts with rates up to 4.85% AER.
Many savers face the same dilemma: when am I going to need the money I'm putting aside? Should I lock it away in a fixed rate bond or keep it to hand in an easy access savings account? Not everyone knows that there's a middle ground between the two. If you can't make up your mind, notice savings accounts could be a good compromise.
Is my money safe?
The Financial Services Compensation Scheme (FSCS) guarantees that it will step in to compensate the first £85,000 (£170,000 for a joint account) you have saved with a UK-authorised bank, building society or credit union in the event that the business goes bust.
Compare notice savings account rates
Table: sorted by interest rate, promoted deals first
What are notice savings accounts?
Notice savings accounts are a blend between fixed-rate accounts and easy-access accounts. They allow you to withdraw your money whenever you need it, as long as you give adequate notice to your bank. The notice required will depend on your account’s terms and conditions.
As access to the account is possible but only under certain conditions, the interest rates offered by notice accounts normally stand somewhere between those for easy access accounts and fixed rate bonds.
How do notice savings accounts work?
Notice savings accounts are not so different from easy access savings accounts, but you must make sure you know the terms and conditions inside out before applying, because the notice period makes things a tad more complicated:
- Application. Usually a pretty straightforward process, you can apply online or in person by providing your personal details and a proof of ID.
- Deposits. You can make deposits into the account whenever you like. Be aware that some accounts can only be opened with an initial deposit of £1,000 or more.
- Interest. It can be paid monthly or annually, into the account itself or into a current account.
- Withdrawals. You can only withdraw your funds or close the account after the agreed notice period has passed. Some accounts may also restrict how many times a year you can do it.
- Notice period. This can vary hugely, but for most notice savings accounts, it’s between 30 and 90 days. The longer the notice required, the higher the interest rate is likely to be.
Should I get one?
Notice savings accounts are weird little creatures. They aren’t hugely popular because if you need your savings to deal with an emergency, 30 days tend to be too long a wait anyway. People often prefer keeping emergency funds in an easy access savings account or in a current account and extra savings in a fixed rate bond, where they can earn more interest.
However, notice savings accounts can become handy if you already have a home for your emergency funds, but are unsure of your medium-to-long-term plans. For example, if you think you may need to pay the deposit for a house or buy a new car in the next 12 months. These kinds of decisions take time anyway (but not a full year!), so notice accounts are a good option.
Finally, they are also a good idea if you think you may want to make extra deposits into your account: fixed rate bonds don’t allow it after the first week or so from account opening.
Which are the best notice savings accounts at the moment?
Our best notice savings accounts are the highest interest rates available. To get the latest rates, we use Moneyfacts data, which covers nearly the full market of savings products and is checked and updated daily. We don’t include accounts from private banks.
All the notice savings accounts in our list have savings protection – for most, this is the Financial Services Compensation Scheme (FSCS). Other schemes include that of NS&I, which is 100% backed by HM Treasury, and the Gibraltar Deposit Guarantee Scheme.
- Market Harborough BS – 195 Day Notice Account - 4.85%
- Plum – 95-day Notice Pocket - Premium - 4.84%
- Oxbury Bank – 90 Day Notice Base Rate Tracker (Issue 8) - 4.8%
- Oxbury Bank – 60 Day Notice Base Rate Tracker (Issue 1) - 4.76%
- The Stafford BS – Notice 120 - 4.7%
How to compare notice savings accounts
There aren’t loads of notice savings accounts available on the market, but here’s a basic list of features to check out when comparing options:
- Interest rate. It will come as no surprise to you that the higher it is, the better for your finances.
- Notice period. A shorter one means easier access to your savings but may also come with a lower interest rate.
- Minimum initial deposit. Some accounts can be opened with as little as £1, but that’s not always the case.
- Where and when interest is paid. It may not make a massive difference, but you still want to check if it’s monthly or yearly and whether you can choose between having it sent to the savings account itself or to another account. If it’s paid into the account itself, you’ll also earn interest on your interest.
Are notice savings accounts safe?
Most notice savings accounts are covered by the Financial Services Compensation Scheme, which protects your savings up to £85,000 per account. Make sure you double check that is the case with the account you’re considering.
An overview of our notice savings account comparison
| Rates up to | 4.85% AER |
|---|---|
| Number of accounts | 254 |
| Notice account periods available | 7 days - 195 days |
| Minimum investment | £1 |
| Maximum investment | £10,000,000 |
| Opening options | Branch, website, mobile app, post, telephone |
Pros and cons of notice savings accounts
Pros
- Good way to save money you don’t need to access quickly.
- Can be a good place to keep money that isn’t in your emergency fund while you work out your medium to long-term plans.
- Potential to earn a better interest on the money you’ve put aside.
Cons
- Not a great way to save if you need easy access to your savings in a short space of time.
Notice accounts are not to be sniffed at, and there are some competitive rates available. Given the changes we’ve seen in the Bank of England base rate over the last few years, a notice account could be a sensible option if you don’t want to lock your money away for too long, but you also want more interest than you’ll get with an easy-access account. Just make sure you’ve got between 3 and 6 months of your regular income saved in an easy-access account you can get your hands on, if you need to.”
Bottom line
Ultimately, notice savings account are useful as places to keep money that you don’t need immediately or for emergencies. They can be a good short-term solution while you consider any other goals for your money once other needs have been met, like an emergency savings fund.
Notice savings accounts offer more you more flexibility in when you can make deposits when compared to a fixed rate bond. But if you have longer-term savings goals for purchases you wish to make between one and five years from now, then other types of savings accounts are likely to be more suitable for you.
Frequently asked questions
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
More resources on Finder
More guides on Finder
-
Zopa savings account review
Compare Zopa’s savings accounts, including interest rates and accessibility.
-
Best savings accounts for March 2025
Find out more about the different types of savings accounts on offer.
-
How much money should I have in savings?
See how much money people your age have in savings, and learn how to boost your savings balance if it’s below average.
-
Compare savings accounts with compound interest
We look at the definition of compound interest, what it concretely means and how you can use it to grow your savings more quickly.
-
Raisin UK review
Raisin UK is a marketplace for savings accounts. Our review looks at how the platform works, as well as its pros and cons.
-
Best Virgin Money savings account rates compared
Thinking about getting a savings account with Virgin Money? We look at the options, from cash ISAs to regular savings accounts, plus pros and cons.
-
Newcastle Building Society: Savings accounts and interest rates
Looking to save with Newcastle Building Society? Our guide walks you through its different savings account options.
-
The Family Building Society: Savings accounts overview
The Family Building Society offers a range of savings accounts and junior savings accounts. Find out if one is for you or your family here.
-
Shawbrook savings accounts
Our guide to the different Shawbrook Bank savings accounts. Whether you’re trying to save small or large amounts of money, Shawbrook Bank has options.
-
Compare high interest & high yield savings accounts
Kickstart your savings plan with a high interest savings account.