Deposit account

Deposit Accounts

Notice Deposit accounts. Sometimes, your savings can earn a better rate of interest if you agree to lock them away for a secified period.

To get the better rate you cannot get at your money immediately. With notice accounts, you can only get your cash by giving notice of your intention to withdraw money. An example of this would be 90-day notice accounts. This means you have to wait three months to get your moneyout.

You can get your money back early by paying a penalty. Few notice accounts look attractive these days as instant access accounts such as the ones listed below have become much more competitive. You rarely need to tie up your money to get decent rates.

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