45 Day Notice Account Issue 14
5.16%
Variable
Gross AER
Gross
5.16% annually
5.04% monthly
Min balance
£1,000
Max balance
£500,000
The flexible way to achieve your savings goals
Good for you if
- you want to avoid impulse withdrawals
- you want to make regular deposits
- you want to save with someone else
Consider something else if
- you want a fixed rate
- you want next day access to your money
Features and benefits
Withdraw with 45 days' notice
Notice accounts are a great way to build good saving habits. If you want to make a withdrawal you'll need to tell us 45 days before you need your money. This helps you to limit your withdrawals and keep your pot growing.
Save regularly
With a notice account, you can make deposits whenever you like.
Important Documents
Apply Now
It’s simple, choose whether you want to receive your interest monthly or yearly, and complete our short application form.
Additional Information
Can Shawbrook change the interest rate?
Yes. The interest rate is variable, which means we can change it up or down at any time. If your balance drops below £1,000 your rate will change to 0.05% gross/AER (variable).
How do I open and manage the account?
You can only open this account online. You can manage the account online or by phone.
The account is only available to individuals who are 18 years of age or over, permanently resident in the UK, are only liable for UK tax and can provide a UK bank account as a nominated account.
Can I withdraw my money?
Yes. You'll need to give us 45 days' notice if you want to make a withdrawal.
Are my deposits protected?
Eligible deposits are protected up to a total of £85,000 per person by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. Any deposits you hold above the limit are unlikely to be covered. If you have a joint account, you'll be protected for £85,000 each. This means that up to £170,000 could be protected in your joint account.
What would the estimated balance be after 12 months based on a £1,000 deposit?
Opening deposit
£1,000
Balance after 12 months
£1,052
This illustrative example assumes no withdrawals, no changes to the variable interest rate over the period and interest paid annually on a cleared deposit. Interest is rounded to the nearest pound. The illustrative example does not take into account the individual circumstances of a customer.
Apply Now
Make the most of your money with our 45 day notice account. Simply choose whether you want to receive your interest monthly or yearly and complete our short application form.
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