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Notice accounts
Grow your savings with daily interest and get access to your money when you need it.
What is a Notice Account?
A Notice Account is a great option if you’re looking for daily interest plus the flexibility to withdraw. Check our interest rates to see how your savings could grow.
You’ll need to deposit £10,000 or more. If you want to access the money, you’ll need to let us know. Choose between a 32-day notice period and a 95-day notice period - whichever you pick, that's how long you'll need to wait for your money to come out of the account. If you do withdraw money, it must be at least £10,000 and the remaining account balance must be £10,000 or more. There's no fixed term and you can always pay more money into the account.
Apply for a Notice Account
Get your extra cash working harder. Apply for a Notice Account designed for your business savings goals.
Summary box
Account name: Notice Account
What is the interest rate?
It's a varaible Interest Rate, as shown below:
|
AER1 |
GROSS p.a.2 |
Notice period |
|---|---|---|
|
AER1 1.97% |
GROSS p.a.2 1.95% |
Notice period 32 days’ notice required to make withdrawal or close the account |
|
AER1 2.77% |
GROSS p.a.2 2.73% |
Notice period 95 days’ notice required to make a withdrawal or close the account |
Interest rates stated above are available as at 08/08/2025 and expire on 18/09/2025 but may be subject to change.
The interest rate is set and managed by Lloyds Bank. Interest is calculated and paid to your account daily (unless otherwise agreed).
1AER – The AER stands for Annual Equivalent Rate and is the notional rate, which illustrates the gross rate as if paid and compounded on an annual basis. As every advert for a savings product will contain an AER, you’ll be able to compare more easily what return you can expect from your savings over time.
2Gross Rate – Gross rate means that no tax will be automatically deducted from interest on your behalf. You are responsible for paying any tax due to HM Revenue and Customs.
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Yes. The interest rate is a managed rate set by Lloyds Bank and is subject to change.
If this change is not to your advantage, Lloyds Bank will give you 14 Days’ notice before it comes into effect.
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An illustration of an estimated future balance based on an example deposit is shown below.
Account
Initial Deposit
Gross Rate p.a.
Final Balance
Account
32 Day Notice Account
Initial Deposit
£10,000.00
Gross Rate p.a.
1.95% (variable)
Final Balance
£10,196.91
Account
95 Day Notice Account
Initial Deposit
£10,000.00
Gross Rate p.a.
2.73% (variable)
Final Balance
£10,276.75
We worked this out by assuming that:
- You hold the Account for 12 months
- You don’t withdraw any money
- Interest is calculated and paid to the Account daily
- The Interest Rate stays the same
- You make your first deposit on the day the Account is opened
- You don’t add any more money into the Account.
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- You can open your Account online or over the phone.
- You can manage the 32 day notice account online, by phone and email
- You can manage the 95 day notice account by email and phone.
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To withdraw money you must provide either 32 or 95 Days’ notice, depending on your chosen account.
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New to Lloyds Bank?
No problem. You can still open a Notice Account, no existing business account needed.
Protecting your money
The Financial Services Compensation Scheme (FSCS) will protect your deposits up to the value of £85,000, subject to eligibility criteria.
Explore more from business savings
Frequently asked questions
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If you’re an existing customer and want to speak to someone, call 0345 305 5555. We are available 8am to 5pm, Monday to Friday.
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The interest rate on your Notice Account is a managed rate set by Lloyds Bank. The rate is variable and subject to change. The rate is not directly linked to Bank Rate. However, changes in Bank Rate as well as other market and economic conditions may affect whether the rate on your Notice Account increases or decreases. If a rate change is to your disadvantage, Lloyds Bank will provide 14 days’ notice before it comes into effect.
You can provide Notice to close the account if you are unhappy with the new rate (either 32 days or 95 days depending on the type of Notice Account).
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The application form should take about 10 minutes to complete.