Nutty

5.10%* top pick

Get a whopping 5.10%* with a 95 day notice account with Raisin.

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*AER variable

Top 30 day notice accounts

Access your money with 30 days notice. All available online and have FSCS protection. Interest rates are AER* variable.

Top pick
Raisin logo
Interest rate

5.02%

Start with

£1,000

Interest paid

Monthly

Apply

Online

Rating
Raisin rated 5 star
Visit Raisin¹

32 days. Account is with Investec through Raisin. More top rates available via the platform.

Moneybox logo
Interest rate

4.66%

Start with

£1

Interest paid

Monthly

Apply

Online

Rating
Moneybox rated 5 star
Visit Moneybox¹

32 days. Read Moneybox review.

Flagstone logo
Interest rate

4.81%

Start with

£10,000

Interest paid

Monthly

Apply

Online

Rating
Flagstone rated 5 star
Visit Flagstone¹

Account is with Principality through Flagstone. More top rates available via the platform. FSCS Protected. Minimum deposit £10,000. Must be UK resident and aged 18 or older.

Top 45 day notice account

Access your money with 45 days notice. All available online and have FSCS protection. Interest rates are AER* variable.

Top pick
Monument logo
Interest rate

5.08%

Start with

£25,000

Interest paid

Annually

Apply

Online

Rating
Monument rated 4 star
Visit Monument
Flagstone logo
Interest rate

4.53%

Start with

£10,000

Interest paid

Monthly

Apply

Online

Rating
Flagstone rated 5 star
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Account is with Shawbrook through Flagstone. More top rates available via the platform. FSCS Protected. Minimum deposit £10,000. Must be UK resident and aged 18 or older.

Moneybox logo
Interest rate

4.34%

Start with

£1

Interest paid

Monthly

Apply

Online

Rating
Moneybox rated 5 star
Visit Moneybox¹

Top 60 day notice account

Access your money with 60 days notice. All available online and have FSCS protection. Interest rates are AER* variable.

Top pick
Monument logo
Interest rate

5.27%

Start with

£25,000

Interest paid

Annually

Apply

Online

Rating
Monument rated 4 star
Visit Monument

Top 65 day notice accounts

Access your money with 65 days notice. All available online and have FSCS protection. Interest rates are AER* variable.

Top pick
Raisin logo
Interest rate

4.80%

Start with

£1,000

Interest paid

Monthly

Apply

Online

Rating
Raisin rated 5 star
Visit Raisin¹

Account is with GB Bank through Raisin. More top rates available via the platform.

Flagstone logo
Interest rate

4.53%

Start with

£10,000

Interest paid

Monthly

Apply

Online

Rating
Flagstone rated 5 star
Visit Flagstone¹

Account is with GB Bank through Flagstone. More top rates available via the platform. FSCS Protected. Minimum deposit £10,000. Must be UK resident and aged 18 or older.

Top 90 day notice accounts

Access your money with 90 days notice. All available online and have FSCS protection. Interest rates are AER* variable.

Top pick
Vanquis logo
Interest rate

5.35%

Start with

£1,000

Interest paid

Monthly

Apply

Online

Rating
Vanquis rated 4 star
Visit Vanquis
Investec logo
Interest rate

5.25%

Start with

£5,000

Interest paid

Monthly

Apply

Online

Rating
Investec rated 5 star
Visit Investec
Moneybox logo
Interest rate

4.96%

Start with

£1

Interest paid

Monthly

Apply

Online

Rating
Moneybox rated 5 star
Visit Moneybox¹
Flagstone logo
Interest rate

4.86%

Start with

£10,000

Interest paid

Monthly

Apply

Online

Rating
Flagstone rated 5 star
Visit Flagstone¹

Account is with Principality through Flagstone. FSCS Protected. Minimum deposit £10,000. Must be UK resident and aged 18 or older.

Raisin logo
Interest rate

5.15%

Start with

£1,000

Interest paid

Monthly

Apply

Online

Rating
Raisin rated 5 star
Visit Raisin¹

Account is with Castle Community Bank through Raisin. More top rates available via the platform.

Top 95 day notice accounts

Access your money with 95 days notice. All available online and have FSCS protection. Interest rates are AER* variable.

Top pick
Flagstone logo
Interest rate

5.10%

Start with

£10,000

Interest paid

Monthly

Apply

Online

Rating
Flagstone rated 5 star
Visit Flagstone¹

Account is with SmartSave through Flagstone. FSCS Protected. Minimum deposit £10,000. Must be UK resident and aged 18 or older.

Raisin logo
Interest rate

5.10%

Start with

£1,000

Interest paid

Monthly

Apply

Online

Rating
Raisin rated 5 star
Visit Raisin¹

Account is with LHV Bank through Raisin. More top rates available via the platform.

Top 120 day notice accounts

Access your money with 120 days notice. All available online and have FSCS protection. Interest rates are AER* variable.

Top pick
Flagstone logo
Interest rate

5.15%

Start with

£10,000

Interest paid

Monthly

Apply

Online

Rating
Flagstone rated 5 star
Visit Flagstone¹

Account is with SmartSave through Flagstone. FSCS Protected. Minimum deposit £10,000. Must be UK resident and aged 18 or older.

Moneybox logo
Interest rate

4.60%

Start with

£1

Interest paid

Monthly

Apply

Online

Rating
Moneybox rated 5 star
Visit Moneybox¹

Top 180 day notice accounts

Access your money with 180 days notice. All available online and have FSCS protection. Interest rates are AER* variable.

Top pick
United Trust Bank logo
Interest rate

5.25%

Start with

£5,000

Interest paid

Annually

Apply

Online

Rating
United Trust Bank rated 5 star
Visit United Trust Bank
Flagstone logo
Interest rate

4.91%

Start with

£10,000

Interest paid

Annually

Apply

Online

Rating
Flagstone rated 5 star
Visit Flagstone¹

Account is with Allica Bank through Flagstone. FSCS Protected. Minimum deposit £10,000. Must be UK resident and aged 18 or older.

All data is sourced by Nuts About Money, or provided directly by the provider. Seen something inaccurate? Get in touch.

Our criteria for the best notice savings accounts

Finding a top interest rate for your hard earned cash can be quite challenging – there’s lots of providers (such as banks), but they don’t all offer great rates – in fact, often the bigger the bank, the lower the interest rate is!

We’ve tracked down all the top accounts we could find to put together our best buys for notice savings accounts.

Best notice savings accounts

Here’s the criteria we looked at:

  • Savings rate
  • Fees
  • If it’s easy to use (app or online)
  • Minimum savings amount
  • Withdrawal limits
  • Speed of withdrawals
  • Safety and security

For this table of best buys, we’ve just looked at notice accounts (where you give ‘notice’ to get your cash back after a set number of days). But we’ve also looked at:

All the savings accounts we’ve featured are available nationwide, and can be opened online, via a website or mobile app. And, they’re all protected by FSCS, where your money is protected up to £85,000 (we’ll cover that more below).

So, whichever one you choose from our list – you can be sure your money is safe, and with one of the best options available.

*What is AER?

AER stands for Annual Equivalent Rate, and is how much you’ll earn in interest from your savings account at this point in a year's time (12 months).

AER

It includes any interest you earn as time goes on (e.g. if interest paid monthly), and the interest that the interest makes (technically this is called compound interest) – to summarise, it's the total you’ll have after 1 year.

So, if the AER is 3%, you’ll have earned 3% in a year’s time.

Gross rate

The gross rate doesn’t include any interest that your interest makes (the compound interest side of things). It’s technically how much the account pays in interest, rather than how much you’ll make (which is the AER). So it’s slightly less than the AER.

AER vs Gross interest

That’s why it’s not a good idea to compare the gross rate with AER – it’s better to pick one to compare different savings accounts with each other (and most likely AER).

What does variable rate mean?

Variable rate means the interest rate can change over time (the account provider (company) will decide when it changes). 

Often, you’ll find the interest rate is linked to the Bank of England’s base rate (which is the interest rate the Bank of England gives the banks for saving cash), and so when that goes up or down, usually so does the interest on savings accounts.

Variable rate

Fixed rate

A fixed rate is where the interest rate doesn’t change – it is set for however long is agreed (for instance 1 year). These are often called fixed rate accounts (rather than notice accounts, which are typically variable rates).

Financial Services Compensation Scheme (FSCS)

The Financial Services Compensation Scheme (FSCS) is like insurance on your savings – if something went wrong, such as the account provider going out of business and didn’t return your money, the FSCS would step in, and give you your money back.

There’s a limit of up to £85,000 per account provider – so those with more could spread this out with different providers to ensure all their cash is protected.

Financial Services Compensation Scheme (FSCS)

Although it’s very unlikely you wouldn’t get your money back if a provider did go out of business anyway, as your money is typically held entirely separate from the business’s money, held in your name, and can only be returned to you.

What is a notice account?

A notice account isn’t your standard savings account, where you add cash and take it back out whenever you like (often called an easy access account).

Instead, when you open the account, you agree to save your money in the account, and only access it after giving ‘notice’, which is a notification that you want some or all of your money back – and this is typically a set number of days (e.g. 30 days notice).

That means it’s also different to a fixed-rate savings account, which is where your money is locked away for the whole period (e.g. 3 years), and you typically can’t access your money until the end of the period.

So, you can keep your money in a notice account indefinitely, and make the most of the (hopefully) high savings rate, and get your money back by giving notice.

Pros and cons of notice accounts

Are notice accounts for you? Let’s run through the pros and cons.

Pros

  • Can be very high interest rates
  • Flexible to suit your goals – from 30 days to 180+ days notice
  • Can leave your money earning interest until you need it
  • Easy to set up (online)
  • Typically fee free
  • Money is secure (FSCS protected)
  • Removes the temptation of impulse spending

Cons

  • Can’t access your money straight away
  • Could need your money sooner than the notice period
  • Can be high initial deposit amounts to open an account
  • You’ll need to shop around for the top rates
  • Not a fixed interest rate (so it can drop in future)

Personal Savings Allowance

Saving into a notice account might mean you’ll pay tax on your interest – if it’s not in a tax-free ISA (e.g. a Cash ISA), where everything will be tax-free.

Instead, you’ll pay tax on your interest based on how much interest you make, and your income (e.g. your salary from your job). It’s taxed just the same as your income.

However, before you pay any tax, you’ll get a Personal Savings Allowance (PSA), which is an annual limit of how much interest you can make before paying tax (on your interest) – and the limit depends on how much you earn.

The limit runs for the tax year, which is from April 6th to April 5th the following year.

Here’s the income levels and allowances:

Your income Personal Savings Allowance Tax rate
Basic rate (£12,571 to £50,270) £1,000 20%
Higher rate (£50,271 to £125,140) £500 40%
Additional rate (over £125,140) £0 45%

That means that if you earn (from your income such as a job) below £50,270, you’re able to earn £1,000 in interest each tax year, tax-free.

If you earn over £50,270, but less than £125,140, you’ll be able to earn £500 in interest before paying tax, and if you’re fortunate to earn over £125,140, you’ll unfortunately pay tax on all the interest you earn (from a savings account that isn't a tax-free ISA).

Starting rate for savings

If you earn less than £17,570 per year, there’s something called the ‘starting rate for savings’ which will apply to you. It’s where all the interest you’ll earn is tax-free – until the interest pushes your income above £17,570.

It’s an additional £5,000 allowance for earning interest tax-free, which is in addition to your Personal Allowance of £12,570 (how much you can earn in general without paying any tax on your income).

It’s a bit confusing, but for every £1 you earn above £12,570, your tax-free allowance for interest will reduce by £1, all the way up to £17,570 (so up to £5,000 tax-free).

Let’s recap

There we have it for notice accounts – not too complicated are they?

They’re more flexible than a fixed-rate savings account, where you lock your money away for a set period of time, and you can keep saving for as long as you like (rather than the end date of a fixed-rate account). But they're not as flexible as an easy access account, where you can get your money back whenever you like.

With a notice account, you’ll have to give ‘notice’ to the savings provider to get your money back out – which is a set number of days you agree to when you open the account, and it’s typically from 30 days to 180 days.

We’ve reviewed all the top notice accounts we could find, to make things easy for you, and they’re all in the table above – with some of the very best savings rates out there. Plus, you can open them all online (via a website or app).

And that’s it. Happy saving!

Christopher Dowling
Editor-in-Chief
Updated
Jun 26, 2024

Get 5.10% with Chip's ISA

One of the highest rates out there, and doesn’t fall after 12 months (like most top rates).

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*AER variable

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