A little notice gets you more interest
If you know that you do not need access to your money right away, then our 50 Day Notice savings account could be for you.
Summary box
Key product information for this account
|
| Account name: |
50 Day Notice Savings Account |
| Interest rates (AERs): |
Tiered rates from 1.48% - 2.12% variable gross pa/AER.
See the full tiered rates. |
| Tax Status: |
Interest will be paid net for UK tax-payers. |
| Conditions for bonus payment: |
Not applicable to this type of account. |
| Withdrawal arrangements: |
50 clear days' notice is required before withdrawing funds. You will be charged a penalty of 50 days' gross interest on the amount withdrawn if you are unable to give 50 clear days' notice of withdrawal. |
| Access: |
Enjoy easy
access to your money over the phone 8am-6pm Mon-Fri, or make transactions
at a time that suits you with our online service. |
Extra benefits
- Receive a higher rate of interest in return for 50 clear days' notice before you withdraw funds.
- Earn a greater rate of interest by pooling your savings together with family and friends. Read more about our pooling facility.
- Option to open a Child Savings Account and earn tax-free interest for the children in your life right up until they are 16 years old. The favourable tax treatment of the Child Savings Account is not guaranteed to continue in the future.
You can Apply online now or call us on 08457 55 56 57, Mon-Fri 8am-6pm (call charges may vary).
The Facts
- Rates correct as at 12 March 2009, subject to variation.
- Minimum balance £1.
- Withdrawals sent by electronic transfer via your external account will normally take 3 working days.
- Gross means the rate of interest paid without the deduction of tax, if applicable.
- AER means the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded each year.
- Accounts available to UK residents only over the age of 16.
- For all accounts, you can choose whether interest is to be paid monthly or yearly.
- Standard Life Cash Savings savings accounts are covered by the Financial
Services Compensation Scheme.
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