35 Day Notice Savings Account
The 35 Day Notice Savings Account offers flexibility and allows you to withdraw funds after giving a 35 day’s advance notice. Good for those looking to grow their savings without needing immediate access to funds.
While you earn interest on your savings, your money will be used to support organisations that deliver positive social impact in the UK.
35 Day Notice Savings Account Features
- Available to UK residents who are 18 years or above.
- To have a joint account, both holders of the account must be at least 18 years of age.
- The Account is not for day-to-day transactional purposes; any requirements of that nature must be processed via your current account.
- Great way to build your savings with lump sums or regular payments.
- Withdraw your money by giving a 35 days’ advance notice.
- Interest will be applied to the Account quarterly, on the set quarter dates, unless you specify a secondary account held with Reliance Bank Ltd to receive the credit interest.
- Manage your account via online banking or telephone banking.
- Our UK based Customer Experience Team is here to assist you.
*AER
AER stands for Annual Equivalent Rate. It illustrates what your interest rate would be if interest was paid and compounded each year and allows you to easily compare different savings accounts. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.
How to apply
Complete the online savings application
Verify your details
Ready to Apply?
Products are subject to status and eligibility. Terms and conditions apply. Reliance Bank uses your personal information to confirm your identity and assess your application when you apply for an account with us. We will only collect, process, and store information about you in accordance with our Privacy Notice. For more details, please read our Privacy Notice.
Please Note – Do not send us any funds until our team have contacted you to explain how funds can be deposited safely and securely.
Important Documents
Before applying, you must read the following documents.
Why open a Notice Account?
Summary Sheet
What is the Applicable interest rate?
Interest is calculated daily and is paid into the Account on the last calendar day of each quarter.
Can Reliance Bank change the Applicable Interest Rate?
Yes, the interest rate applied to your Account is variable.
Should Reliance Bank Limited increase the interest rate, the new rate will be applied to your account immediately and the details of the change will be available on our website within three working days of the change.
Should the bank decrease the interest rate, we will advise you in writing and give you at least 14 calendar days’ notice before the change. If you are not happy with the Applicable Interest Rate change, you can at any time up to 30 days from the date we tell you about the change, close or switch your Account without paying any penalty or other charges.
What would the estimated balance be after 12 months based on a £1,000 deposit?
*This calculation is for illustration purposes only.
*This example assumes there are no further deposits or withdrawals, changes to interest rates and interest is paid in the Account on the last working day of each quarter of the calendar year.
How do I open and manage your account?
You can apply by completing the online savings application form, which can be found on our website.
You can manage your account online via our digital banking portal or by telephoning our Customer Experience Team on 0207 395 5400.
Can I withdraw my money?
Yes, there is no limit to the number of withdrawals, but you must give 35 days’ notice to withdraw from your account.
Rates and information correct at 30/05/2025
Frequently Asked Questions
A 35 day notice savings account requires you to provide a 35 day advance notice to withdraw funds. As a result, notice savings accounts generally offer slightly higher rates than instant access savings accounts.
A 35 day notice savings account offers a variable interest rate that is calculated daily and paid quarterly to your account. You can make unlimited deposits; however, to withdraw money, you need to give 35 days’ notice in advance.
Yes, you can make withdrawals by providing a 35 day notice. However, please note that withdrawals are not permitted within the first 35 days of your initial deposit. You can submit withdrawal requests in writing or through our digital banking service. Our team will confirm your withdrawal date in writing.
To open the account, you must submit the completed application form along with the required KYC documents, either by email customer.experience@reliancebankltd.com or by post to “Reliance Bank, Faith House, 23-24 Lovat Lane, London EC3R 8EB”. Do not send us any funds until our team have contacted you to explain how funds can be deposited safely and securely.
Once your account is opened, you will receive your personal login details for digital banking. You will be able to access and view your 35 Day Notice Savings Account details on our Digital Banking portal.
You can do this by contacting our Customer Experience Team on 020 7398 5400.
Ready to Apply?
Explore our other Savings Account
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if we as a Bank fail to meet our financial obligations. In general, all retail depositors and businesses are covered by Deposit Guarantee Schemes. Exceptions for certain deposits are stated on the website for the Financial Services Compensation Scheme.
Need Help?
For further assistance, please reach out to our Customer Experience Team at 020 7398 5400 or email us at customer.experience@reliancebankltd.com.
Ready to Start Saving?
We are proud to be the bank of The Salvation Army International. Find out more about our shared history.
We are proud to be the bank of The Salvation Army International. Find out more about our shared history.