We’ve got some great news to share with you; our marketplace has expanded to include a new flexible savings accounts range! Starting with two Notice Accounts from ICICI Bank (UK), flexible savings accounts give you more freedom to choose how you want to save your money.
Notice Accounts from ICICI Bank (UK) at Raisin UK
ICICI Bank (UK) is an established partner bank at Raisin UK who to date has offered Fixed Rate Bonds featuring attractive rates through our marketplace. Continuing this trend, ICICI Bank (UK) will be offering two Notice Accounts; one with a variable rate of 1.40% AER and a notice period of 45 days, and another with a variable rate of 1.60% AER and a notice period of 95 days.
Make your savings more flexible with Notice Accounts
Just like all other savings accounts available through Raisin, Notice Accounts provide you with the safety of FSCS protection up to £85,000 per person per banking group, but they also give you the freedom to choose when to withdraw your money after a set notice period.
Instead of having a maturity date, when you want to withdraw your funds from a Notice Account, give notice that you want to make a withdrawal and you’ll enter into the notice period (please read our FAQs page for further information about closing Notice Accounts).
The notice period of Notice Accounts can vary, so consider which notice period may work best for you. You can view the notice period next to each Notice Account in our marketplace, but you can also find the notice period in the product details.
Is a Notice Account right for you?
If you want to take advantage of competitive savings rates, but you need the security of knowing that your deposit is guaranteed and you have the flexibility to withdraw your money after a set notice period, then Notice Accounts may be right for you.
How to apply for a Notice Account
If you’ve applied for a Fixed Rate Bond with your Raisin UK Account before, applying for a Notice Account will seem quite familiar to you. If you’re new to Raisin UK, you’ll need to register for a Raisin UK Account before you can apply:
You can find out more about applying for a Notice Account in our how-to guide.