Notice Accounts | The Savings Guru

Notice Accounts

Provider	Rate	Min/Max Deposit	Opening Account	Accessing Account	Interest Options	SG Verdict
Al Rayan Bank	0.90% (60 Day)	£250 / No Maximum	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Paid Away Paid on the last working day of the month	This account pays expected profit, rather than interest, to meet Sharia law requirements.
Bath Building Society	0.80%	£1 / £100,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Monthly Paid Annually Paid 31st December	Competitive rate from Bath Building Society, which has a balance sheet of around £300m. Given this, we don’t expect this account to be available for long.
BLME	1.10% (90 day)	£10,000 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid Away	This account pays expected profit, rather than interest, to meet Sharia law requirements. Although £10,000 is required to open the account, once open, a lower minimum balance of £1,000 is needed. There is also a minimum withdrawal amount of £1,000
30 day notice	0.90% (120 Day) 0.85% (90 Day) 0.80% (60 Day) 0.75% (30 Day)	£1 / £500,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Paid Compounded Paid annually on 30th June	Chorley was founded in 1859 and is one of the smallest building societies in the UK, looking after £235m of savings Chorley has three branches - two in Chorley and one in Leyland
Family Building Society	0.80% (£100,000+) 0.75% (£50,000+) 0.55% (£10,000+) (35 Day)	£3,000 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Annually Added to the account Paid 31st May	Epsom based Family Building Society is part of National Counties Building Society, the 11th largest in the UK. It looks after £1.7bn of savings.
AA ICICI Bank	1.10% (95 days)	£1,000 / £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid On Maturity Paid Away	ICICI Bank UK is a subsidiary of the Indian Bank of the same name, which has been trading in the UK since 2003. It has around £1.65bn of UK savers deposits. The rate on this account is currently 1.40% but drops to 1.10% from 1st September
Oaknorth	0.82% (120 Day)	£1,000 / £250,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Monthly Paid Compounded	OakNorth launched in 2015 and offers debt and property finance to UK small and medium size enterprises. It changes rates regularly without notice so move quickly if this rate appeals.
Secure Trust Bank	1.16% (90 Days) 0.60% (30 Days)	£1,000 / £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Quarterly Paid: 31 Mar 30 June 30 Sept 31 Dec	These accounts from Birmingham based Secure Trust are not expected to be available for long so move quickly if they appeal.
UBL	1.00% (35 Day)	£1 / £1,000,000	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Anniversary Paid Monthly Paid Annually Paid Away	United Bank UK, which was formed in 2001 from the merger of two Pakistani banks, has branches in Ilford, Bradford, Birmingham, Glasgow Manchester and London
AA United Trust	1.00% (100 Day) 0.70% (40 Day)	£5,000 / £1m	Branch App Internet Post Telephone	Branch App Internet Post Telephone	Paid Away or Compounded Paid Annually	Competitive rates from London based specialist lender United Trust. Savers should note that, while this account can be opened online, it can only be managed by post or at UTB’s branch in Moorgate, London

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