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Notice accounts

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bluedonkey
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Notice accounts

#542726

Postby bluedonkey » October 31st, 2022, 7:03 pm

If I open say a 90 day notice account today, could I give notice the next day, withdraw the money on day 91 and still get 91 days interest? Searched online but couldn't find a steer on this point.

mc2fool
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Re: Notice accounts

#542732

Postby mc2fool » October 31st, 2022, 7:30 pm

Yes, but if it's an annual interest account you'll either have to give a "withdraw and close" instruction on that next day or wait until the anniversary for the interest to become credited -- and then a further 90 days to withdraw it....


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