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  • Notice account guide

    If you don’t need to make frequent withdrawals and are happy to give notice before accessing your savings, a notice account could be the right option for you.

    View our notice accounts

Notice accounts give you the flexibility to add to them over time, with the chance to earn a higher rate of interest than with easy access accounts. In exchange, we ask you to provide notice when wanting to withdraw your money. The amount of notice you will be required to give will be dependent on the term of the product so choose an account with a notice period that suits you.

Typically, the longer the notice period, the higher the rate of interest you’ll receive. Interest rates are variable so can change over time, but we will give you notice of any changes we make. If we put your rate up, we may do that without prior notice.

Key benefits

  • A higher rate than easy access
  • Access to your money if needed
  • The flexibility to add to your savings
  • The choice of monthly or annual interest

How do notice accounts work?

  • You can make unlimited withdrawals from your account subject to appropriate notice being given
  • Once you’ve made your opening payment you can continue to add to your account as long as you do not exceed the maximum balance amount
  • When you open your account via our online application process, you will set up a nominated bank account that you will be able to make your deposits and withdrawals from
  • The account is operated online, giving you the flexibility to check your balance, print statements and process transactions around the clock

View our notice accounts

Fixed accounts

If you’re looking to invest a lump sum, a fixed rate account could be the perfect way to plan ahead with peace of mind that you will know exactly how much interest your savings will earn.

Read more

Easy access

Our Easy Access account is ideal if you want immediate access to your savings. With an Easy Access account, you don’t need to give notice to withdraw your money and there is no penalty or loss of interest if you do.

Read more

Margaret's story

“The Notice Account is simple, safe and rewarding. It’s been easy to set up and manage online and I’ve added to the funds over time. I check the rates available in the market on a regular basis, and, so far, the Account has maintained its competitive position.”

See our notice accounts
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Your eligible deposits with Paragon Bank are protected up to a total of £85,000 by the
Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme.
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Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551