Notices

Our new 1 Year Fixed Rate Bond (59) paying 4.46% Gross AER on balances of £10,000+ is now on sale. Find out more and apply online.
Our new and improved Online Service is here. Find out more

We've made some improvements to our Online Service. With several enhancements and added benefits our Online Service is now simpler and easier for you to use. Online Service changes
Savings customers - interest rates on many of our variable rate savings products have decreased from 9 June. Find out more

We have emailed or written to you to let you know of how these interest rate decreases affect you. View our variable savings rate changes

Notice savings accounts

Ideal if you don’t need access to your funds in the short term. Allows you to save up to £250,000.

Why choose Family Building Society?

We're an award-winning building society that does things differently, with over 125 years supporting savers and over 52,000 account holders. No matter what you're saving for we're here to help and have a chat if you like, with minimum jargon.

What is a notice savings account?

A notice savings account typically offers a better return on your savings, compared to easy access accounts. Our notice savings accounts usually require a notice period of either 35 or 90 days, but this may differ subject to account availability.

A notice savings account is likely to be the best fit for you if you don’t need access to your money in the short term. For customers that require easier access to their savings, an easy access account could be the right fit for you.

How do I open my notice savings account?

It is quick and easy to open and manage your account with Family Building Society. You may be able to apply online, by post or at our Epsom branch to open one of our notice savings accounts below, depending on the product selected.

Sort:

All our savings accounts are FSCS protected.

Annual interest (AER gross)	Account rate type	Minimum opening amount	Additional information	Monthly interest option?	Withdrawal limits	Available to new customers?	Next steps
35 Day Notice Saver (3)							Compare
3.40% to 3.75%	Variable	£1,000	Interest rates depend on balance Apply online, by post or in branch.	Yes	After 35 days notice.	Yes	See details and apply online
Compare
See details and apply online
Windfall Bond							Compare
3.25%	Variable	£10,000	Open online, by post or in branch.	No	No withdrawals. Closure after 35 days' notice.	Yes	See details and apply online
Compare
See details and apply online

Comparing two savings accounts


Product	DYNAMIC	DYNAMIC
Annual interest (AER gross)	DYNAMIC	DYNAMIC
Account type	DYNAMIC	DYNAMIC
Minimum opening amount	DYNAMIC	DYNAMIC
Additional information	DYNAMIC	DYNAMIC
Monthly interest option?	DYNAMIC	DYNAMIC
Withdrawal limits	DYNAMIC	DYNAMIC
Available to new customers	DYNAMIC	DYNAMIC

Note that products are subject to additional terms and subject to change. See a product's full details to find out more.

Frequently asked questions

What happens if I change my mind after giving notice of withdrawing money?

For most of our notice accounts, once notice has been given it can be cancelled. If you give notice and subsequently decide you want to alter the amount you wish to withdraw or make a change to the date of the withdrawal, then this would require the full notice period to be served again.

Please note that for our Windfall Bond, once notice for closure has been given, this cannot be cancelled or amended.

Will I still earn interest during the notice period?

Yes, you will still earn interest up until the date the withdrawal has been made.

Can Family Building Society change the interest rate?

Yes, our notice accounts have variable interest rates and may change as per the terms and conditions of the particular account. Further information can be found in ‘Section 14: Interest’ of our General Conditions for our Savings Accounts about when we may make changes to the interest rate and how this will be communicated.

What are the alternatives to a notice savings account?

We also offer easy access savings accounts, fixed term bonds, ISAs and some children’s accounts.