Notice Accounts

Give advance notice before you withdraw your money and get a higher rate

Start saving from £25,000

FSCS protected up to £85,000

Join for free
More than 25,000 clients trust us with £1.5 billion of their savings
Download the app to get started
Monument's current Easy Access Ratephone showing monuments lifestyle app

Our best
Notice Account rate

5.20

%

AER (variable)

Our clients rate us
4.9/5
and
4.8/5
based on 1,963 app reviews

Monument Notice Accounts

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.

7 Day Notice Account

5.13% AER

35 Day Notice Account

5.15% AER

45 Day Notice Account

5.20% AER

AER stands for Annual Equivalent Rate. This shows you what the interest rate would be if interest was paid and compounded once each year.

Start your application on the Monument app

Notice Accounts for your short and medium term goals

Earn more with our Notice Accounts

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.

Flexibility to cancel withdrawals if you change your mind

Easily cancel your withdrawal using the Monument app right up until the evening before it is due to be paid.

Deposit more whenever you want

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.

Full transparency with no hidden account fees

We don't charge you any account fees for opening or managing your savings account with us, and never will.

How do Notice Accounts work?

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 will receive your money after giving the specific notice period on your account.

Why save with Monument

UK based support team

Speak to our Client Services team through in-app chat, call, video or get in touch by email.

Effortless app experience

View and manage your savings at your convenience with 24/7 access to the Monument app.

UK regulated, fully licensed

We’re a fully licensed bank and your money is protected up to £85,000 by the Financial Services Compensation Scheme (FSCS).

Your savings are safe with us.
Your eligible savings with us are protected up to £85,000 by the Financial Service Compensation Scheme (FSCS).

See how you're protected
FSCS Protect

Our valued clients trust us with

£1,500,000,000

of their savings

Start saving in 3 easy steps

1
Download the app

Get the app from the Apple App Store or Google Play.

2
Open your account in a few minutes

Choose your savings account, and provide us with some personal details so we can securely open your account.

3
Add money into your new Notice Account

Transfer money from your Linked Account or Monument Easy Access Savings account to your new account and start earning interest immediately.

Frequently Asked Questions

Here are the answers to most popular questions about our savings accounts.  To see more please go to the FAQ page.

Who is Monument?

Monument is a fully regulated, UK bank built to help you manage, grow and enjoy your wealth.

More than 25,000 clients save with Monument and benefit from our range of Lifestyle services and UK-based client servicing team.

Your money is protected up to £85,000 by the Financial Services Compensation Scheme (FSCS).

How do I add money to my Notice account?

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.

How do I withdraw money?

You can withdraw your money through the Monument app to your Linked Account or your Monument Easy Access Savings account, if you have one.

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.

Can I cancel a withdrawal request?

Yes, you can cancel a withdrawal request using the Monument app until the evening before the withdrawal is due to be paid.

Can the interest rate change on my notice account?

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.

What is the minimum balance?

£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.

Summary Box

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.

Choose a Notice Account
Account name
7 Day
7 Day Notice Account
What is the interest rate?

5.01% gross / 5.13% AER (variable)

Rate effective 19 February 2024

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.

Can Monument change the interest rate?

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.

What would the estimated balance be after 12 months based on a £1,000 or £25,000 deposit?

£1,051.30 at an interest rate of 5.13% AER (variable)

£26,282.50 at an interest rate of 5.13% AER (variable)

For the purposes of this calculation we assume that:

  • You make a deposit of £1,000 or £25,000 on the account opening date
  • You make no further deposits or withdrawals
  • The interest is paid into your Notice Account
  • The interest rate remains the same for 12 months

The above is for illustrative purposes only and does not take into account any individual circumstances.

How do I open and manage my account?

You can open and manage your account through the Monument mobile app.

Eligibility:

  • You must be aged 18 or over
  • You must be a UK resident
  • This account can only be opened in one person’s name
  • You must have a personal UK bank account that allows transfers to be made to and from your Monument Notice Account
  • You can only have one 7 Day Notice Account

Minimum and Maximum Balance:

  • £25,000 minimum balance across all Monument savings accounts you hold including this one
  • £400,000 maximum balance across all Monument savings accounts you hold including this one

Making Deposits:

  • Unlimited deposits
  • You have 14 days from account opening to make your first deposit; if the account remains unfunded at the end of this period, the account will be automatically closed
  • Deposits can only be made by electronic payment from your Linked Account or transferred from a Monument Easy Access Savings account in your name
  • Any funds received from another account that is not your Linked Account will be returned
  • We do not accept deposits in cash or cheque
Can I withdraw money?

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.

Additional information

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.

Choose a Notice Account
Account name
35 Day
35 Day Notice Account
What is the interest rate?

5.03% gross / 5.15% AER (variable)

Rate effective 11 January 2024

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.

Can Monument change the interest rate?

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.

What would the estimated balance be after 12 months based on a £1,000 or £25,000 deposit?

£1,051.50 at an interest rate of 5.15% AER (variable)

£26,287.50 at an interest rate of 5.15% AER (variable)

For the purposes of this calculation we assume that:

  • You make a deposit of £1,000 or £25,000 on the account opening date
  • You make no further deposits or withdrawals
  • The interest is paid into your Notice Account
  • The interest rate remains the same for 12 months

The above is for illustrative purposes only and does not take into account any individual circumstances.

How do I open and manage my account?

You can open and manage your account through the Monument mobile app.

Eligibility:

  • You must be aged 18 or over
  • You must be a UK resident
  • This account can only be opened in one person’s name
  • You must have a personal UK bank account that allows transfers to be made to and from your Monument Notice Account
  • You can only have one 35 Day Notice Account

Minimum and Maximum Balance:

  • £25,000 minimum balance across all Monument savings accounts you hold including this one.
  • £400,000 maximum balance across all Monument savings accounts you hold including this one

Making Deposits:

  • Unlimited deposits
  • You have 14 days from account opening to make your first deposit; if the account remains unfunded at the end of this period, the account will be automatically closed
  • Deposits can only be made by electronic payment from your Linked Account or transferred from a Monument Easy Access Savings account in your name
  • Any funds received from another account that is not your Linked Account will be returned
  • We do not accept deposits in cash or cheque
Can I withdraw money?

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.

Additional information

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.

Choose a Notice Account
Account name
45 Day
45 Day Notice Account
What is the interest rate?

5.08% gross / 5.20% AER (variable)

Rate effective 19 February 2024

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.

Can Monument change the interest rate?

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 45 day notice.

What would the estimated balance be after 12 months based on a £1,000 or £25,000 deposit?

£1,052.00 at an interest rate of 5.20% AER (variable)

£26,300.00 at an interest rate of 5.20% AER (variable)

For the purposes of this calculation we assume that:

  • You make a deposit of £1,000 or £25,000 on the account opening date
  • You make no further deposits or withdrawals
  • The interest is paid into your Notice Account
  • The interest rate remains the same for 12 months

The above is for illustrative purposes only and does not take into account any individual circumstances.

How do I open and manage my account?

You can open and manage your account through the Monument mobile app.

Eligibility:

  • You must be aged 18 or over
  • You must be a UK resident
  • This account can only be opened in one person’s name
  • You must have a personal UK bank account that allows transfers to be made to and from your Monument Notice Account
  • You can only have one 45 Day Notice Account

Minimum and Maximum Balance:

  • £25,000 minimum balance across all Monument savings accounts you hold including this one
  • £400,000 maximum balance across all Monument savings accounts you hold including this one

Making Deposits:

  • Unlimited deposits
  • You have 14 days from account opening to make your first deposit; if the account remains unfunded at the end of this period, the account will be automatically closed
  • Deposits can only be made by electronic payment from your Linked Account or transferred from a Monument Easy Access Savings account in your name
  • Any funds received from another account that is not your Linked Account will be returned
  • We do not accept deposits in cash or cheque
Can I withdraw money?

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 45 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 16 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

Additional information

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.

Start saving today

Apply for your account in just a few minutes.

Not the right account for you?

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.