Tax Statements: Please note, tax statements for the 2020/21 tax year will be uploaded for online customers or posted to non-online customers by the end of May. Please allow time for delivery before contacting us. Tax statements are not provided for ISA accounts.
Notice Savings Accounts
If you can plan ahead and give us notice when you want access to your money, you can earn an attractive rate of interest.
Notice accounts give you more flexibility than fixed rate bonds as you don’t need to lock your money away for a specific period of time, and they normally pay more interest than easy access accounts.
A notice account could be a good way to save if you have a specific goal in mind - like a wedding or major purchase, as it is more flexible than a fixed bond, but don’t forget how much notice you will have to give to access your money.
AER stands for Annual Equivalent Rate and illustrates the interest rate if it was paid and compounded each year. We quote the AER on all of our accounts so that you can compare our products with those of other banks.
GROSS is the interest rate without the deduction of income tax. This is the interest rate paid on your account.
Your eligible deposits with Shawbrook Bank Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered. For further information or visit www.fscs.org.uk