Top 5 notice accounts
Provider	Account	Rate (gross)	Min Investment	Notice required
Shawbrook Bank	120 Day Notice Personal Savings Account Issue 2	3.30%	£1,000	120 days
Shawbrook Bank	95 Day Notice Personal Savings Account Issue 2	3.20%	£1,000	95 days
Aldermore	120 Day Notice	3.20%	£1,000	120 days
Investec Bank plc	Investec High 5 Issue 2	3.19%	£2,500	6 months
Close Brothers Savings	Select Gold 180 Day Notice	3.11%	£10,000	180 days
Source: Moneyfacts.co.uk 30.4.12

Louise Holmes, spokesperson for Moneyfacts.co.uk, commented: “Rates for notice savings accounts fell sharply during the peak of the financial crisis, but have risen considerably over the past couple of years.

“One explanation for this rise in average rates could be down to larger introductory bonuses to boost initial rates. For example, our research has seen the average bonus for a notice account grow from 0.77% two years ago, to 1.06% today.

“Whilst not as universally popular as their easy access counterpart, notice accounts tend to pay slightly better rates. This is mainly due to the provision that savers will only access funds after advance notice is given to the provider.

“The top notice accounts are offered by lesser-known providers, such is the case with a lot of market-leading savings accounts at the moment. Investors would be wise to check out the market thoroughly to ensure they can take advantage of the best savings deal for them.”

www.moneyfacts.co.uk - The Money Search Engine

Moneyfacts.co.uk is the UK's leading independent provider of personal finance information. For the last 20 years, Moneyfacts' information has been the key driver behind many personal finance decisions, from the Treasury to the high street.

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