With 40 days' notice, you could make more money on your savings than our Instant Access Account. You can save from £500 and add extra savings at any time.
Once you’ve opened an account, you can add extra savings at any time. You can even set up regular payments.
Withdrawals require 40 days’ notice. Withdrawals without 40 days’ notice are not permitted under any circumstances except in the event of the death of an account holder (or one of them if a joint account).
With the 40-Day Notice Account, interest is calculated daily and added to your account every quarter.
|Credit balance||Rates quoted applies to both Gross* & AER+ pa||Apply|
|£75,000 and over||0.90%||In branch|
|£0 - £24,999||0.60%||In branch|
Rates are correct at 1st December 2017.
*Gross rate interest is the interest payable without taking account of any tax payable. We will no longer deduct tax from the interest earned on your savings, following the introduction of a Personal Savings Allowance. If you earn interest over your Personal Savings Allowance you will be required to pay any tax due yourself directly to HM Revenue and Customs. If you would like to read more about your Personal Savings Allowance, please visit the Government website www.gov.uk.
+AER. Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.
|Account name||40 Day Notice|
|What is the interest rate?||
Interest is calculated on a daily basis and is paid on the last business day of each calendar quarter. The rate of interest on this account is tiered. You will earn one rate based on your account balance.
|Can Clydesdale Bank change the interest rate?||Yes, if we decrease your rate we will provide at least 2 months’ notice as described in Section 14.2 of the Terms and Conditions. We may increase your rate without giving you notice.|
|What would the estimated balance be after 12 months based on a range of deposits?||
These are only examples and do not take into account your individual circumstances.
The examples assume that:
|How do I open and manage my account?||
The account can be opened in branch, or call us on 0800 345 7365.
The minimum amount to open and maintain the account is £500. You must be aged 16 or over.
|Can I withdraw money?||
Withdrawals require 40 days’ notice. Withdrawals without 40 days’ notice are not permitted except in the event of the death of an Account holder (or one of them if a joint account).
You can give notice in branch or by contacting your Relationship Manager.
Interest will be paid gross.
Gross rate interest is the interest payable without taking account of any tax payable.
AER (Annual Equivalent Rate). The Annual Equivalent Rate illustrates what the interest rate would be if interest was paid and compounded once each year.
Apply in person at any one of our branches