Give advance notice before you withdraw your money and get a higher rate
Start saving from £25,000
FSCS protected up to £85,000
Our Notice Accounts offer rewarding rates to help you plan for your short and medium term goals. Access your savings by giving us advance notice on the Monument app to make a withdrawal.
With a rate higher than our Easy Access Savings account, unlock more value by planning ahead. The longer the notice period on your account, the higher the interest rate.
Easily cancel your withdrawal using the Monument app right up until the evening before it is due to be paid.
Keep your saving goals on track by adding more to your Notice Account whenever you want from your Linked Account or Monument Easy Access Savings account using the Monument app.
You can start saving with us with a minimum of £25,000 in total across all your Monument savings accounts.
Open a Monument account and choose a notice period
Add funds to your Monument account from your Linked account
When you want to withdraw, give notice in the app
You'll receive your money either 7, 35 or 60 days later depending on your notice period
Speak to our Client Services team through in-app chat, call, video or get in touch by email.
View and manage your savings at your convenience with 24/7 access to the Monument app.
We’re a fully licensed bank and your money is protected up to £85,000 by the Financial Services Compensation Scheme (FSCS).
Get the app from the Apple App Store or Google Play.
Choose your savings account, and provide us with some personal details so we can securely open your account.
Transfer money from your Linked Account or Monument Easy Access Savings account to your new account and start earning interest immediately.
Here are the answers to most popular questions about our savings accounts. To see more please go to the FAQ page.
When you open your Notice account you will be given a sort code and an account number which you can use to make electronic payments into your Monument account from your Linked Account. You can also transfer money into your Notice account from your Monument Easy Access Savings account, if you have one.
You can withdraw your money through the Monument app to your Linked Account or your Monument Easy Access Savings account, if you have one.
Yes, you can have multiple withdrawal requests at the same time, as long as the total amount requested to be withdrawn is not more than your total available account balance.
Yes, you can cancel a withdrawal request using the Monument app until the evening before the withdrawal is due to be paid.
The interest rate on our notice accounts is variable and may change. If we change the rate, we’ll let you know by emailing you.
£25,000.
This balance requirement is for the combined total across all of your Monument accounts. For example, if you have an Easy Access and a Notice Account with us, you must hold a minimum of £25,000 in total across both accounts.
This summary contains key information about the Notice Account you have selected. Please read it carefully alongside the Notice Account Terms and our General Savings Terms.
4.98% gross / 5.10% AER (variable)
Rate effective 22 September 2023
AER stands for Annual Equivalent Rate. This shows you what the interest rate would be if interest was paid and compounded once each year.
Gross is the rate of interest payable before income tax is deducted.
Interest is calculated daily and is paid monthly. Interest can be paid to your Linked Account or into your Monument Notice Account.
Yes, the interest rate is variable and may change.
We can change the interest rate at our discretion for any of the reasons detailed in Section 3 of our Notice Account Terms.
If we increase the rate, we will apply it immediately and we will inform you of the increase within 30 days of it being made.
We will give you at least 14 days’ notice in advance of any rate reduction. You will have 30 days from the date of the notification to tell us you would like to close your Notice Account or switch to a different Monument Savings Account and you will not be required to provide the 7 day notice.
£1,051.00 at an interest rate of 5.10% AER (variable)
£26,275.00 at an interest rate of 5.10% AER (variable)
For the purposes of this calculation we assume that:
The above is for illustrative purposes only and does not take into account any individual circumstances.
You can open and manage your account through the Monument mobile app.
Eligibility:
Minimum and Maximum Balance:
Making Deposits:
Yes, partial or full withdrawals can be requested through the Monument mobile app either to your Linked Account or Monument Easy Access Savings account if you have one.
All withdrawals are subject to the 7 day notice period, which starts on the calendar day you request the withdrawal. For example, if you requested a withdrawal on 1 March, the amount you requested to withdraw will be paid on 8 March; you’ll continue to earn interest during this period.
You can cancel a withdrawal request until 23:59 the evening before the withdrawal is due to be paid.
You can change your mind and close a Notice Account you have opened without any penalties or notice within 14 days following the account opening date.
Please contact us and we will close the account and return any funds you have deposited including any accrued interest.
We do not deduct tax from any interest paid to you. You will need to pay any tax you owe to HMRC or other Tax authorities applicable to you
Please note: The information provided here is a summary of the key features of our Notice Account. Further information can be found in our Notice Account Terms.
5.10% gross / 5.22% AER (variable)
Rate effective 29 September 2023
AER stands for Annual Equivalent Rate. This shows you what the interest rate would be if interest was paid and compounded once each year.
Gross is the rate of interest payable before income tax is deducted.
Interest is calculated daily and is paid monthly. Interest can be paid to your Linked Account or into your Monument Notice Account.
Yes, the interest rate is variable and may change.
We can change the interest rate at our discretion for any of the reasons detailed in Section 3 of our Notice Account Terms.
If we increase the rate, we will apply it immediately and we will inform you of the increase within 30 days of it being made.
We will give you at least 14 days’ notice in advance of any rate reduction. You will have 30 days from the date of the notification to tell us you would like to close your Notice Account or switch to a different Monument Savings Account and you will not be required to provide the 35 day notice.
£1,052.20 at an interest rate of 5.22% AER (variable)
£26,305.00 at an interest rate of 5.22% AER (variable)
For the purposes of this calculation we assume that:
The above is for illustrative purposes only and does not take into account any individual circumstances.
You can open and manage your account through the Monument mobile app.
Eligibility:
Minimum and Maximum Balance:
Making Deposits:
Yes, partial or full withdrawals can be requested through the Monument mobile app either to your Linked Account or Monument Easy Access Savings account if you have one.
All withdrawals are subject to the 35 day notice period, which starts on the calendar day you request the withdrawal. For example, if you requested a withdrawal on 1 March, the amount you requested to withdraw will be paid on 5 April; you’ll continue to earn interest during this period.
You can cancel a withdrawal request until 23:59 the evening before the withdrawal is due to be paid.
You can change your mind and close a Notice Account you have opened without any penalties or notice within 14 days following the account opening date.
Please contact us and we will close the account and return any funds you have deposited including any accrued interest.
We do not deduct tax from any interest paid to you. You will need to pay any tax you owe to HMRC or other Tax authorities applicable to you
Please note: The information provided here is a summary of the key features of our Notice Account. Further information can be found in our Notice Account Terms.
5.14% gross / 5.26% AER (variable)
Rate effective 19 September 2023
AER stands for Annual Equivalent Rate. This shows you what the interest rate would be if interest was paid and compounded once each year.
Gross is the rate of interest payable before income tax is deducted.
Interest is calculated daily and is paid monthly. Interest can be paid to your Linked Account or into your Monument Notice Account.
Yes, the interest rate is variable and may change.
We can change the interest rate at our discretion for any of the reasons detailed in Section 3 of our Notice Account Terms.
If we increase the rate, we will apply it immediately and we will inform you of the increase within 30 days of it being made.
We will give you at least 14 days’ notice in advance of any rate reduction. You will have 30 days from the date of the notification to tell us you would like to close your Notice Account or switch to a different Monument Savings Account and you will not be required to provide the 60 day notice.
£1,052.60 at an interest rate of 5.26% AER (variable)
£26,315.00 at an interest rate of 5.26% AER (variable)
For the purposes of this calculation we assume that:
The above is for illustrative purposes only and does not take into account any individual circumstances.
You can open and manage your account through the Monument mobile app.
Eligibility:
Minimum and Maximum Balance:
Making Deposits:
Yes, partial or full withdrawals can be requested through the Monument mobile app either to your Linked Account or Monument Easy Access Savings account if you have one
All withdrawals are subject to the 60 day notice period, which starts on the calendar day you request the withdrawal. For example, if you requested a withdrawal on 1 March, the amount you requested to withdraw will be paid on 30 April; you’ll continue to earn interest during this period
You can cancel a withdrawal request until 23:59 the evening before the withdrawal is due to be paid
You can change your mind and close a Notice Account you have opened without any penalties or notice within 14 days following the account opening date.
Please contact us and we will close the account and return any funds you have deposited including any accrued interest.
We do not deduct tax from any interest paid to you. You will need to pay any tax you owe to HMRC or other Tax authorities applicable to you
Please note: The information provided here is a summary of the key features of our Notice Account. Further information can be found in our Notice Account Terms.
Apply for your account in just a few minutes.
If you’re looking for something more flexible you can learn more about our Easy Access Savings or if you want to fix your money for longer you can learn about our Fixed Term Deposits.
