Compare notice savings accounts
Access rates from trusted banks
Manage your savings in one place
Money Expert has partnered with Akoni to help you manage your cash easily on a single savings dashboard, providing fast access to rates from highly rated banks. Akoni helps savers manage the return on their cash deposits, quickly, easily and securely. Akoni does this by providing easy access to a range of savings accounts via their banking partners. Savers only need one simple application to take full control of their savings.
Akoni provides their customers with:
A personal savings dashboard to help plan your cash needs over time.
Simple tools to help you find the savings products that suit your needs.
The Akoni panel's best rates, filtered according to your deposit amount, preferred maturity term, and Fitch Solutions Financial Implied Credit Score, are available to you.
With an easy access savings account, you can withdraw your money whenever you want. However, interest rates on easy access accounts tend to be low. In fact, you might be better off with a simple current account, depending on how much you want to save. With a notice account, you’ll need to give your bank notice before withdrawing any cash. If you’re willing to sacrifice immediate access, you’ll generally receive higher returns.
The length of the notice period can be quite long: up to 180 days in many cases, and rarely below 90 days. Make sure you only lock away what you can afford to keep out of reach for that long. If you’re confident you won’t need to access your money, you’ll get even better returns with a fixed-rate bond.
As a general rule, the longer you lock your money away and the more you reduce access to it, the better your returns will be. If you have a lump sum you’re happy to lock away, a fixed-rate bond offers a simple, low-maintenance option with good interest. However, remember: you can’t top up the balance of a fixed-rate bond. If you want a good savings account where you can make regular contributions, consider a cash ISA.
