We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Withdrawing from notice saving account
Options
Comments
-
kokolino23 said:@Ayr_Rage , why on earth they don't write this is simple terms ?! They like to keep it complicated so we can fall into their trap I'd guess. This is the reason why I've asked here, I was hoping someone else is in the same situation.It's still not clear to me if I can withdraw before the 16th of Dec and get the interest earned until that day or I have to give them 90 days notice?!Their T&C:If we reduce the interest rate that applies to a notice account then we will tell you about the change at least 14 days plus the account’s notice period before the change takes effect. The additional notice we give you will ensure that you have sufficient time to exercise your rights to close the account (without loss of interest or additional charges) before the reduction in the interest rate comes into effect.Clearly they didn't tell us at least 14 days plus the account notice about the interest cut, mine is 90 days but they will reduce the interest from 16th of December?!1
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards