What is the 45 Day Notice Account and how does it work?

The 45 Day Notice Account is a savings account with a 45 day withdrawal period, which means if you make a withdrawal request in-app, there’s a 45 day waiting period before the money can be released. You may keep this account open for as long as you wish. Please note it isn’t possible to open new 45 Day Notice Accounts.

The account has an interest rate of 0.45% AER (variable). Money you add to the account earns interest daily which is then paid into your savings account monthly. Withdrawals can be requested in-app at any time in Settings > Withdraw.

When you request a withdrawal, the money will stay in your savings account earning interest during the 45 day notice period. When the notice period has passed, we send your withdrawal to your bank account on the next available working day.

Like our Cash LISA, there are no fees for this account.