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Notice Accounts

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  • 3.26% Zopa 95 day Pot and they may yet respond to the new BoA rate
    I have a Zopa account. I really love the app. Hoping they’re not as slow off the mark with passing on the interest rate rise as they were last year.
  • Come on Zopa...increase those rates please!
  • Burcot
    Burcot Posts: 104 Forumite
    100 Posts Second Anniversary Name Dropper
    ditto OakN
  • Band7
    Band7 Posts: 2,285 Forumite
    1,000 Posts Name Dropper
    How do you close an Oxbury notice account? It looks like a perpetual account and all you seem to be able to do is give notice after the previous notice period has expired. 
  • 10_66
    10_66 Posts: 3,452 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Band7 said:
    How do you close an Oxbury notice account? It looks like a perpetual account and all you seem to be able to do is give notice after the previous notice period has expired. 
    I rang them to put notice on mine to close, they confirmed with an email.  It's due this week, but I think I'm going to cancel the notice.
  • Band7 said:
    How do you close an Oxbury notice account? It looks like a perpetual account and all you seem to be able to do is give notice after the previous notice period has expired. 
    https://help.oxbury.com/hc/en-gb/articles/360018640900-Can-I-close-my-Notice-Account-or-Fixed-Term-Bond-Account-early-
    Notice Account  You are unable to withdraw money from a Notice Account without waiting on the required minimum notice period as per the type of account opened. However, we understand you may encounter unexpected and exceptional circumstances in which case you will need to contact us via email for us to consider each case individually. 
    if it were me, i'd open a chat with them on Monday morning and see if you can sort it that way.
  • Band7
    Band7 Posts: 2,285 Forumite
    1,000 Posts Name Dropper
    10_66 said:
    Band7 said:
    How do you close an Oxbury notice account? It looks like a perpetual account and all you seem to be able to do is give notice after the previous notice period has expired. 
    I rang them to put notice on mine to close, they confirmed with an email.  It's due this week, but I think I'm going to cancel the notice.
    Mine has matured today and they paid bar the interest. I need all the money this week…. 

    Nice interest rate though if you can keep the account and commit to another notice period
  • 10_66
    10_66 Posts: 3,452 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Band7 said:
    10_66 said:
    Band7 said:
    How do you close an Oxbury notice account? It looks like a perpetual account and all you seem to be able to do is give notice after the previous notice period has expired. 
    I rang them to put notice on mine to close, they confirmed with an email.  It's due this week, but I think I'm going to cancel the notice.
    Mine has matured today and they paid bar the interest. I need all the money this week…. 

    Nice interest rate though if you can keep the account and commit to another notice period
    I put notice to close rather than withdraw, I was hoping that a better 90 day notice account would crop up before the notice to close expires, but not so.  So I'll probably just cancel the notice and put another 90 day notice to close again.
  • Band7
    Band7 Posts: 2,285 Forumite
    1,000 Posts Name Dropper
    10_66 said:
    Band7 said:
    10_66 said:
    Band7 said:
    How do you close an Oxbury notice account? It looks like a perpetual account and all you seem to be able to do is give notice after the previous notice period has expired. 
    I rang them to put notice on mine to close, they confirmed with an email.  It's due this week, but I think I'm going to cancel the notice.
    Mine has matured today and they paid bar the interest. I need all the money this week…. 

    Nice interest rate though if you can keep the account and commit to another notice period
    I put notice to close rather than withdraw, I was hoping that a better 90 day notice account would crop up before the notice to close expires, but not so.  So I'll probably just cancel the notice and put another 90 day notice to close again.
    I don't appear to have a notice to close option in Oxbury. All I can say is how much I want to withdraw on a given date, and it won't let me specify an amount which is higher than my balance. So I'd perpetually be left with a balance.....but I will obviously contact them tomorrow to ask for closure. Although I might just keep the account sitting there, as it seems I can still add to it. Who knows whether it might come in useful at a later stage
  • 10_66
    10_66 Posts: 3,452 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Band7 said:
    10_66 said:
    Band7 said:
    10_66 said:
    Band7 said:
    How do you close an Oxbury notice account? It looks like a perpetual account and all you seem to be able to do is give notice after the previous notice period has expired. 
    I rang them to put notice on mine to close, they confirmed with an email.  It's due this week, but I think I'm going to cancel the notice.
    Mine has matured today and they paid bar the interest. I need all the money this week…. 

    Nice interest rate though if you can keep the account and commit to another notice period
    I put notice to close rather than withdraw, I was hoping that a better 90 day notice account would crop up before the notice to close expires, but not so.  So I'll probably just cancel the notice and put another 90 day notice to close again.
    I don't appear to have a notice to close option in Oxbury. All I can say is how much I want to withdraw on a given date, and it won't let me specify an amount which is higher than my balance. So I'd perpetually be left with a balance.....but I will obviously contact them tomorrow to ask for closure. Although I might just keep the account sitting there, as it seems I can still add to it. Who knows whether it might come in useful at a later stage
    They were very helpful when I called to give to give notice to close, and I got through straightaway.
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