Notice accounts

90 Day Postal Notice Account

The 90 Day Postal Notice Account is ideal for savers who want to earn a great rate and don’t need easy access to their money.

The first issue of the 90 Day Postal Notice Account will only be offered for a limited time and is only available for money that is not currently held within an existing N&P account.

For further information visit the all you need to know about the 90 Day Postal Notice Account section.

Current rates

Account balance	Gross*	Net**	AER***
The interest rate is guaranteed to be no lower than Bank Base Rate until 1st January 2010. Rates are variable. Current rates are effective from 14/07/08. Withdrawals on 90 days notice. Minimum balance £1,000, maximum balance £1 million. Conditional 1% bonus is payable if your account remains open for one year. Interest is paid annually on the anniversary of the account opening or monthly. Bonus paid out on anniversary of account opening, calculated on the average daily balance. Investment Share rate (excluding bonus) would apply where the balance falls below £1,000. Any money deposited into 90 Day Postal Notice Account must be from a non N&P account.
Annual – Excluding conditional 1% bonus	5.30%	4.24%	5.30%
Annual – Including conditional 1% bonus	6.30%	5.04%	6.30%
Monthly – Excluding conditional 1% bonus	5.18%	4.14%	5.30%
Monthly – Including conditional 1% bonus	6.18%	4.94%	6.30%

Previous rates

Account balance	Gross*	Net**	AER***
N/A

30-Day Notice Account

Does exactly what it says on the tin! If you are prepared to give us 30 days' notice when you want to make a withdrawal, then your savings could be earning an excellent interest rate which includes a 1% bonus for the first year.

All you need to know about 30-Day Notice Account

Current rates

Account balance	Gross*	Net**	AER***
Current rates effective from 24/04/08. Introductory 1% bonus for first 12 months of each account opening. Bonus paid out on anniversary of account opening, calculated on the average daily balance. The bonus can only be paid out once to each account holder.
Annual - Excluding conditional 1% bonus	3.60%	2.88%	3.60%
Annual - Including conditional 1% bonus	4.60%	3.68%	4.60%
Monthly - Excluding conditional 1% bonus	3.55%	2.84%	3.60%
Monthly - Including conditional 1% bonus	4.55%	3.64%	4.60%

Previous rates

Account balance	Gross*	Net**	AER***
Previous rates effective from 21/02/08.
Variable interest rate - Annual	3.85%	3.08%	3.85%
Including bonus rate - Annual	4.85%	3.88%	4.85%
Variable interest rate - Monthly	3.79%	3.03%	3.85%
Including bonus rate - Monthly	4.79%	3.83%	4.85%

Definitions

* Interest will be paid gross (that is before the deduction of income tax) to non-taxpayers subject to eligibility and the required registration. Otherwise interest will be paid after deduction of income tax at the appropriate rate. Please note that gross interest can only be paid to customers aged 16 or over if they are the named account holder.

** Net rates (that is after the deduction of income tax) shown are for illustrative purposes only. The interest you earn on this account will currently be taxed at the rate of 20%.

*** AER means Annual Equivalent Rate and shows what the interest rate would be if interest was paid and added each year.