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whats the name for an account....

Options
... that i can put money into when ever i want but have to wait up-to 3mths to get it out?

and which banks do such an account?

TIA

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    A Notice Account, usually 3/6/9 month notice accounts.

    http://www.moneysupermarket.com/savings/notice-accounts/

    There's a list here
  • nnosam
    nnosam Posts: 70 Forumite
    Lokolo wrote: »
    A Notice Account, usually 3/6/9 month notice accounts.

    http://www.moneysupermarket.com/savings/notice-accounts/

    There's a list here

    thanks very much :)
  • alanq
    alanq Posts: 4,216 Forumite
    1,000 Posts Combo Breaker
    edited 30 August 2011 at 1:21AM
    nnosam wrote: »
    ... that i can put money into when ever i want but have to wait up-to 3mths to get it out?

    Most notice accounts don't force you to wait to make a withdrawal. They offer the option of an immediate withdrawal with loss of interest. If the reason you are choosing one of these accounts is that you wish to avoid the temptation to spend your savings then you may wish to bear this in mind.

    From Lokolo's link only the Aldermore 45 Day Notice account is listed as "No early withdrawals allowed".
  • alanq wrote: »
    Most notice accounts don't force you to wait to make a withdrawal. They offer the option of an immediate withdrawal with loss of interest. If the reason you are choosing one of these accounts is that you wish to avoid the temptation to spend your savings then you may wish to bear this in mind.

    From Lokolo's link only the Aldermore 45 Day Notice account is listed as "No early withdrawals allowed".

    Yes it is true. They never force anyone to wait to make a withdrawal, they just offer the option of an immediate withdrawal with interest.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Self discipline and an easy access account can get you a better return.
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