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Online Service update. Due to planned essential maintenance our Online Service will be unavailable between Thursday 12 December at 10:00pm until Friday 13 December at 2:00am. It will also be unavailable on Sunday 15 December between 8:00am and 6:00pm. We apologise for any inconvenience this may cause.
35 Day Notice Saver (3)
Ideal if you don’t need access to your funds in the short term and are looking for a higher rate of interest than an easy access account.
Key features
View summary box
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Before you apply, please read the account summary box below. It is not intended to be a substitute for reading the Product Features leaflet and General Conditions for our Savings Account booklet.
Already an existing customer registered to our Online Service? You can apply using our Online Service
Account summary box
Account name
What is the interest rate?
Rate effective from 31 August 2023 | ||||
Annual | Gross | Gross AER1 | ||
£50,000+ | 4.00% | 4.00% | ||
£1,000+ | 3.65% | 3.65% | ||
Monthly | ||||
£50,000+ | 3.93% | 4.00% | ||
£5,000+ | 3.59% | 3.65% | ||
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Can the Family Building Society change the interest rate?
What would the estimated balance be after 12 months based on a £1,000, £5,000 and £50,000 deposit?
Opening balance - Annual interest | Projected balance (Gross) | |||
£50,000 | £52,000.00 | |||
£1,000 | £1,036.50 | |||
Monthly interest | ||||
£50,000 | £50,000* | |||
£5,000 | £5,000** | |||
*monthly interest of £163.75 is paid away, which totals £1,965.00 per annum **monthly interest of £14.96 is paid away, which totals £179.52 per annum
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How do I open and manage my account?
- The 35 Day Notice Saver (3) can be applied for online, by post or at our Epsom branch
- A minimum of £1,000 must be deposited for annual interest accounts and a minimum of £5,000 for monthly interest accounts
- Instructions for the account can be made via the Online Service, by phone, by post or at our Epsom branch.
Can I withdraw money?
- Withdrawals are available after 35 days' notice with no access charge and will be paid by transfer to your bank account or by transfer to another account with us. Immediate withdrawals are not permitted
- Minimum withdrawal is £100.
How can I make deposits?
- A minimum of £1,000 must be deposited for annual interest accounts and a minimum of £5,000 for monthly interest accounts
- Additions are allowed but not required on a regular basis
- Additions to the account can be made by debit card (online only via the Online Service), by transfer from your bank account, by cheque, by transfer from another savings account with us or by cash
- A maximum of £250,000 may be held in the account.
Additional information
TAX STATUS: Interest is paid gross without deduction of income tax. You will need to declare any income from savings interest earned over your PSA2 through a self-assessment tax return to HM Revenue & Customs. Interest is paid annually on 31 May and available the following day, or monthly. | ||||
This issue may be withdrawn at any time without prior notice.
1 AER stands for Annual Equivalent Rate and illustrates what the annual rate would be if interest was compounded.
2 PSA stands for Personal Savings Allowance.
All financial information correct on 18 August 2023.
Operating an account on behalf of someone else
This account can be opened and operated by Attorneys and Deputies. It can also be operated by Third Parties. For full details click here.
Use of a debit card to deposit savings
To add to your account using your debit card, you will need to register for our Online Service. You can’t use your debit card to add money to your account over the phone. Please note that the debit card you use to deposit money via the Online Service should be registered to the address we hold for you.
Debit card transactions are subject to approval by your bank and may be declined if you do not have sufficient funds available in your bank account or the transaction exceeds your bank's anti-fraud limits.
Over 125 years looking after people's money
For a long time we've been trusted to help people save for homes, holidays & more with a more small scale, personal approach as shown in our awards.
More about who we areView our awards
Contact our expert UK team
Existing customers
Savings - 03330 140144
savings.service@familybsoc.co.uk
Mortgages - 03330 140146
mortgage.service@familybsoc.co.uk
...or ask the way that suits you.
Request a call back
We can call you back at a time that suits you.
Visit us in branch
Ashley Square, Epsom, Surrey, KT18 5DD.
View our FAQs
Your questions might be answered here.