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60 Day Notice Savings Account

Our 60 Day Notice savings account offers the flexibility to access your money as often as you need to, by giving us 60 days’ notice. And if you really need to get hold of your money, you can get instant access subject to a charge. Perfect for medium-term savings or if you can’t commit to lock your money away for long periods of time. Find out more and apply below.

Interest rate (AER)
£500 - £150,000
4.25%
£150,000.01+
0.00%
Variable/Fixed
Variable
Min/Max amount
£500 - £500,000
Withdrawals
Yes - with 60 days' notice of your intention to withdraw funds

Suitable for savers who:

  • want a higher interest rate and are prepared to wait 60 days to access their savings without loss of interest
  • are 18 years or over
  • want to manage the account online, via the Mobile App, by phone or in our Branches

Not for savers who:

  • want instant access to their savings
  • want a fixed rate of interest

Is this the right product for you?

Please read the Key Product Information below before applying

  • What is the interest rate?
    • £500-£150,000 4.25% AER*.
    • We calculate the interest daily and pay it annually on 31st December. Interest will be added to your account.
    • You can save up to £500,000 in this account but you will not earn any extra interest if you save over £150,000.
    • *AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and compounded once each year. The gross rate is the interest rate payable before tax.
  • Can Bath Building Society change the interest rate?
    • The interest rate is variable, so it can go up or down at any time.
    • For more details about why we might change the rate, you should read your Savings Terms & Conditions.
  • What would the estimated balance be after 12 months based on a £1,000 deposit?

              £1,042.50

    • This would be the balance after 12 months if £1,000 was paid in, all interest was paid back into the account, there was no change to the interest rate and no money was taken out or paid in.
    • This is just an example to help you compare accounts. It does not take into account what you may do with the money in your account.
  • How do I open and manage my account?
    • You must live in the UK to open this account. You need to open it with £500, and you cannot have less than £500 in the account.
    • You can open an account on this product page or by visiting one of our Branches in Bath.
    • You can manage the accounts you hold with us through Bath Online, or by using our Mobile App.
    • You can register for Bath Online on our website, and you can register for the Mobile App on your smartphone.
    • Account holder identification will be required. This is usually obtained through our electronic identity verification service. However, if this proves inconclusive, here’s some popular ways to verify your ID.
  • Can I withdraw money?
    • This is a restricted access account. If you let us know 60 days before you want to take your money, we will not charge your account.
    • The charge is the same as 60 days’ interest on the money you withdraw from your account. If your money has not earned enough interest, we will take the charge from your balance at the end of the year.
    • You can withdraw cash whenever you wish in a Branch, but we will charge your account if you do not let us know 60 days before you need it. You have the option of withdrawing up to a maximum of £500 without telling us first, but you will be charged 60 days’ interest if you do this. Or if you tell us first, you can withdraw up to £2,000.
    • You can withdraw by cheque from our Branches in Bath at anytime, but we will charge your account if you do not let us know 60 days before you need it. There is no limit to how much you can withdraw.
    • You can also ask us to make a faster payment to your nominated account. This can be done on Bath Online, through the Mobile App, in a Branch, or you can contact our Customer Service Department. We will charge your account if you do not let us know 60 days before you need it.
  • Additional information
    • This account is protected by the Financial Services Compensation Scheme (FSCS). You should read your FSCS Information and Exclusions sheet for more information about how your money is protected.
    • This account is a savings account, not a payment account as outlined in the Payment Services Regulation 2017.
    • You should read your Savings Terms & Conditions to fully understand how your account works.
    • We can close an account at any time if you act inappropriately, such as by using abusive language.

Important information before you apply

Before you apply please read our terms and conditions document and FSCS information sheet alongside the key product information above to understand how this account works.

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