Notice savings accounts

Notice savings accounts are ideal for earning an attractive rate of interest while having flexibility. Unlike fixed rate bonds, your money is not locked away for a set period. With a notice account, you just need to let us know in advance when you want to access your savings.

Notice accounts can be a good way to save for a future goal where you can plan ahead nearer to the time of purchase, such as buying a home or paying for a wedding.

At Shawbrook, we offer a choice of two notice periods with our 45 day notice account and 120 day notice account. Use our table below to compare and find the best notice savings account for you and learn more about the benefits.


Compare notice accounts

Explore the notice accounts we offer at Shawbrook below. Typically the longer the notice you opt for, the better rate you will receive.

45 Day Notice Account Issue 13 Summary PDF
5.23% Variable
5.23% Annually
5.11% Monthly
Min Balance
Max Balance
120 Day Notice Account Issue 55 Summary PDF
5.25% Variable
5.25% Annually
5.13% Monthly
Min Balance
Max Balance
Terms explained

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.

Terms & Conditions for Personal Accounts

Financial Services Compensation Scheme (FSCS)

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

About our notice accounts

We’ve put together some of the most important things to know about our notice savings accounts below. For information relating to a specific account, please click through on the comparison table above.

A notice savings account is a type of savings account that has no fixed term but requires a notice period before you can withdraw your money. They offer more flexibility than a fixed term account. They work best if you don’t want to lock your funds away for a long time but will know in advance when you need access to your savings.

The notice period will differ depending on the account you have chosen. At Shawbrook, we offer a 45 day notice account and a 120 day notice account. Our accounts mean that once someone has let us know they would like to withdraw their money, they will receive it in 45 or 120 days.

Although notice accounts are more flexible than a fixed rate bond, the notice period means they are not suitable for people who want to access their funds at any time. For those who want even more flexibility, an easy access account could be right for you.

Whether a notice savings account is the best option will depend on your circumstances and savings goals. But some of the benefits include:

  • Unlike a fixed term account (such as a 1 year fixed rate bond, for example), you don’t have to make new investment decisions at the end of the term. The money will remain in your account and keep gaining interest until you decide to withdraw, so you can leave it in the notice savings account for as long as you want
  • After the initial deposit, there is no minimum deposit amount so you can keep topping it up as and when you like
  • Having a notice period can help you make more informed decisions and avoid the temptation of dipping into savings

At Shawbrook, we currently offer two different notice savings accounts — a 45 day notice account and a 120 day notice account. You can find out more about these and the rates available in our comparison table above.

The interest rate is variable and may alter per your account’s terms and conditions. You can find out more in ‘Section 17: Change To Interest Rates’ of our Terms & Conditions for Personal Savings Accounts.


After you have opened an account and deposited at least £1000, making additional deposits is easy. You can transfer your funds by electronic transfer from your nominated account using the following details:


Sort Code: 16-58-73
Account number: Your 8 digit Shawbrook savings account number
Reference: Your name as the payment reference

There is no minimum amount, and you can make as many deposits as you like.



The notice you need to give to withdraw your money depends on the account you have chosen.

  • With a 45 day notice account, withdrawals are only available subject to 45 days’ notice.
  • With a 120 day notice account, withdrawals are only available subject to 120 days’ notice.

You can submit a withdrawal request online via our eSavings portal. Simply go to 'Messages', click on 'Create Message', select the product you wish to make a withdrawal from in the account list and select one of the withdrawal options.


Once your notice period has expired, we’ll release your funds to you.

It is simple to open and manage an account with Shawbrook.

  • You can apply for this product online
  • Once your account is open, you can operate the account through our eSavings portal or by telephone on 0345 266 6611
  • Minimum account opening balance of £1,000
  • Maximum account balance of £500,000
  • The account is only available to individuals who are 18 years of age or over, permanently reside in the UK, are only liable for UK tax and can provide a UK bank account as a nominated account