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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||Gross*||AER+ pa||Apply|
|£1m and over||0.50%||0.50%||In branch|
|£0 - £99,999||0.10%||0.10%||In branch|
Rates are correct at 1st December 2016.
*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|
|Interest rates (AERs)||Refer to the savings account tariff for personal customers, our website www.cbonline.co.uk or the notice displayed in branch.|
|Tax status||Interest will be paid gross.|
|Conditions for bonus payment||N/A|
|Withdrawal arrangements||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).|
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