Notice Accounts

NameWithheld

But they have gone back to sending separate emails for each account.

soulsaver

NameWithheld said:

CooperSF said:

Oaknorth 90 day now up to 2.9% (1 Nov)

Now going to 3.07%

Oaknorth

Effective from 01 Nov 2022, the interest rate on your Notice Account ending in ***** will increase from 2.40% AER to 3.07% AER.

We’ll apply this higher rate to your account automatically, so you don't need to do anything.

Expotter

There's been a bit of movement in the world of notice accounts in the last couple of days so here's my updated list of 90-95 day notice best rate notice accounts:

Please note: I've left out branch or postal accounts, so if you're interested in those you can find them on Moneyfacts.co.uk

As of 29/10/22, 11:30 AM  

1.  Family Building Society Capital 90 (2) Notice Savings Account. 3.1%, paid Monthly or Annually on Jan 31st. Min £20k ( Deposits only allowed until Nov 25)

https://www.familybuildingsociety.co.uk/savings/compare-savings-accounts/product-detail/capital-90-(2)?utm_source=Moneyfacts+Best+Buy+Table&utm_medium=Moneyfacts&utm_campaign=Capital+90+(2)&utm_id=Capital+90+(2%2

2.  Oak North Bank Notice Savings Account. 90 Day. 3.07%, paid Monthly. Min £1

https://www.oaknorth.co.uk/personal-savings/notice-accounts/

 
3.  BLME Bank of London and the Middle East. 90 Day Notice Account (Issue 5). 3.03% Expected Profit. Paid Quarterly. Min £10k

 https://www.blme.com/products-and-services/savings/notice-account/

4. Oxbury Bank Personal 95 Day Notice Account - Issue 17. 3.02%, paid Monthly. Min £1000

https://www.oxbury.com/product-summary-personal-95-day-notice-nap02911111

5. Allica Bank 95-Day Notice Personal Savings Account (Issue 1). 2.90%, paid on Anniversary. Min £10k

 https://www.allica.bank/personal/savings/95-day-notice-deposit

=5. RCI Bank UK95 Day Notice Savings Account. 2.90%, paid Monthly or on Anniversary. Min £1000

 https://www.rcibank.co.uk/savings/notice-savings-account

7. DF Capital 90 Day Notice Account (Issue 2). 2.80%, paid Monthly. Min £1000

https://www.dfcapital.co.uk/savings/notice-accounts/

8. Investec Bank plc 90-Day Notice Saver Issue 1. 2.55%, paid Monthly. Min £5k 

 https://savings.investec.com/notice-saver 

=8. Zopa Smart Saver 95 day boosted pot. 2.55%. Paid Monthly. Min £1 (App only)

https://www.zopa.com/smart-saver

10. UBL UK Raisin UK - 95 Day Notice Account, 2.52% paid on closure. Min £1000

https://www.raisin.co.uk/term-deposit/ubl-uk-95-day-notice-account/?#bank-product-details

11. QIB (UK)Raisin UK - 95 Day Notice Account (Issue 10). 2.50%. Paid Monthly. Min £1000

https://www.raisin.co.uk/term-deposit/qib-95-day-notice-account-2/?#bank-product-details

12. Close Brothers Savings 95 Day Notice Account (Issue 13). 2.50%, paid Yearly. Min £10k 

 https://www.closesavings.co.uk/personal/savings-accounts/notice-account/95-day






For information only, please do your own research. Updates in BOLD.

Rudyson

soulsaver said:

NameWithheld said:

CooperSF said:

Oaknorth 90 day now up to 2.9% (1 Nov)

Now going to 3.07%

Oaknorth

Effective from 01 Nov 2022, the interest rate on your Notice Account ending in ***** will increase from 2.40% AER to 3.07% AER.

We’ll apply this higher rate to your account automatically, so you don't need to do anything.

And their 120 day rate up to 3.10%, also wef 1st Nov

refluxer

Rudyson said:

soulsaver said:

NameWithheld said:

CooperSF said:

Oaknorth 90 day now up to 2.9% (1 Nov)

Now going to 3.07%

Oaknorth

Effective from 01 Nov 2022, the interest rate on your Notice Account ending in ***** will increase from 2.40% AER to 3.07% AER.

We’ll apply this higher rate to your account automatically, so you don't need to do anything.

And their 120 day rate up to 3.10%, also wef 1st Nov

0.03% is way too small of a premium to make the 120 day OakNorth notice account worth taking over the 90 day account, I reckon. 90 days is definitely the sweet spot in their Notice account offerings.

And speaking of other offerings, the 35 day option @ 0.35% is a curiosity - I don't understand why banks bother to advertise and administer accounts that clearly no-one is going to choose.

CooperSF

Does anyone have a list of the new Zopa 7/31/90 day saver rates (as of November)?

I remember that the 31 day is changing to 2.35% but can’t remember the others.

10_66

CooperSF said:

Does anyone have a list of the new Zopa 7/31/90 day saver rates (as of November)?

I remember that the 31 day is changing to 2.35% but can’t remember the others.

I don't seem to have received any information of rate increase for November.  Last one I had was for 11th Oct.  The 95 day one is currently 2.55%.

refluxer

CooperSF said:

Does anyone have a list of the new Zopa 7/31/90 day saver rates (as of November)?

I remember that the 31 day is changing to 2.35% but can’t remember the others.

The 31 day notice pot rate has been 2.35% since the last rate increases on 11th Oct as far as I can remember - I don't think any further rises have been announced.

soulsaver

CooperSF said:

Does anyone have a list of the new Zopa 7/31/90 day saver rates (as of November)?

I remember that the 31 day is changing to 2.35% but can’t remember the others.

See the link in my signature...

refluxer

Just thought I'd share this in case it's useful to anyone with an OakNorth notice account...

My 90 day notice account is due to be closed today so I just logged in and noticed the following statement which suggests that they'll either reinvest the funds around 2pm (if you've chosen to switch to another OakNorth account) or transfer the funds to your nominated account by the end of the day if it's a business day. 

"Please note we have adjusted our Maturity Process Timing to run at 14:00 - If you are reinvesting with OakNorth your funds will be transferred into your new account and you will receive a confirmation email by 14:30. If you are withdrawing, funds will be returned to your nominated account before the end of the business day."

Update - my payment was actually made half an hour after I posted this. Nice to see the interest being more than initially predicted due to the rate rises that OakNorth passed on during the notice period