Business savings that work smarter
Earn up to 3.75% AER* with an OakNorth Notice account – designed to grow your surplus cash while keeping access within reach.
If your business is holding surplus cash, don’t let it sit idle. Our Business Notice accounts offer a way to earn competitive, tiered interest rates – while still giving you the ability to plan withdrawals in advance.
With this type of account, your interest rate is variable and will track the Bank of England base rate, meaning it’ll automatically adjust so your return stays aligned with the market. Interest accrues daily and is paid monthly.
With two notice period options, you can earn competitive, tiered interest rates – based on how much surplus cash you have to save.
Need quicker access to your savings? Every OakNorth Business Banking account includes an easy-access savings vault – no extra steps required.
Types of savings accounts:
Filters
Types of savings accounts:
Term
AER
Min. deposit
Max balance
Withdrawals
Scroll down
| 30-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 2.96% | 3.00% |
| £500,000+ | 3.21% | 3.25% |
| 95-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 3.45% | 3.50% |
| £500,000 – £999,999 | 3.59% | 3.65% |
| £1,000,000+ | 3.69% | 3.75% |
The interest rate tracks the Bank of England (BoE) Base Rate (To view the latest rate visit www.bankofengland.co.uk/monetary-policy) minus a spread*, as mentioned above.
Your account will start generating interest no later than one business day from when we receive and apply your deposit to your OakNorth Bank account, subject to maintaining a balance of £100,000.
Interest is calculated daily on your end-of-day cleared balance (at 23:30) and paid monthly on the first business day of each month into your Notice account.
The interest rate that applies is based on your entire account balance. When your balance moves into a higher tier, the higher rate applies to your whole balance, not just the amount above the threshold.
If a withdrawal request has been made, interest will be calculated on the total amount until but not including the day of the withdrawal.
*Spread in this document refers to the rate that is subtracted from the Bank of England Base Rate
Yes. Interest rates are variable and can be increased or decreased dependent on the Bank of England base rate.
OakNorth may also adjust the spread at any time at our sole discretion as outlined in the Changes to these Terms section of the Business Notice Account Terms & Conditions.
If we change the interest rate spread on your savings account, which results in your interest rate increasing, we will email you about this increase and confirm the date of the change taking effect. If we change the spread applicable to your interest rate, which results in your interest rate decreasing, we will notify you at least 44 days prior to the decrease for 30-day accounts or 109 days prior for 95-day accounts.
| Notice period | Initial deposit at account opening | Balance Tier | Balance after 12 months* |
|---|---|---|---|
| 30 Days | £1,000 | £0-£99,999 (0% AER) | £1,000 |
| 30 Days | £300,000 | £100,000 – £499,999 (3.25% AER) | £309,750 |
| 30 Days | £600,000 | £500,000+ (3.50% AER) | £621,000 |
| 95 Days | £1,000 | £0 – £99,9999 (0% AER) | £1,000 |
| 95 Days | £300,000 | £100,000 – £499,999 (3.75% AER) | £311,250 |
| 95 Days | £600,000 | £500,000 – £999,999 (3.90% AER) | £623,400 |
| 95 Days | £1,500,000 | £1,000,000+ (4.00% AER) | £1,560,000 |
*These examples are provided for illustrative purposes only and do not consider your individual circumstances.
Examples are based on the Bank of England base rate of 4.25% as of July 2025 and assume no further deposits or withdrawals are made, that interest is accrued daily and applied monthly, that any interest earned stays in the account, and that there is no change to the Bank of England base rate or interest rate spreads during the 12-month period.
Eligibility: You must hold a Business Current Account with OakNorth Bank to open a Notice Account. The account is available to active UK registered businesses that are either a Limited Company, Private Unlimited company, PLC, LLP or Overseas Company.
Opening Your Account: You can open a Notice Account via the mobile app and web platform. You will need to select your preferred notice period (30-day or 95-day) during the opening process. Once opened you can access your Notice Account via the mobile app and web platform.
When you add money to your Notice Account, this money does not form part of the available balance in your current account. This means:
No minimum or maximum deposit limits apply to your Notice Account. However, interest is only earned on balances of £100,000 and above. We do not impose any other limits on your Notice Account. If this changes, we’ll let you know before they apply.
You can only add money to your Notice Account from your current account. You can do this via the mobile app and web platform at any time. When you add money to your Notice Account, we will credit your Notice Account immediately (or in any event within 2 hours).
You may access your balance and details of money added or withdrawn from your Notice Account through the mobile app and web platform. Alternatively, you can contact us by email, by phone, or by writing to us. Please refer to our website for our contact details.
Yes, you must give advance notice before making any withdrawal:
Withdrawal Process
You must submit your withdrawal notice via online banking or mobile app. The notice period begins the same day we receive your instruction. Your funds will be available the business day after your notice period expires, when the transfer will be completed to your current account.
Important Withdrawal Information
There is no limit on the number of withdrawals you can make (with proper notice), and partial withdrawals are permitted without needing to close your account. There is no minimum withdrawal amount. There are no fees for withdrawals with proper notice, but no changes are allowed once withdrawal notice is submitted.
Interest is calculated up to but not including the withdrawal date.
Interest will be paid gross.
AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.
We do not deduct tax from the interest we pay to you. This information is based on our understanding of current taxation which may change in the future.
Important Considerations: This account is designed for businesses saving for the medium to long term and is not suitable if you need instant access to your funds. Consider the notice period carefully before depositing and ensure you have sufficient funds elsewhere for short-term needs.
If we suspend your current account, we will also suspend your access to the Notice Account. If you or we decide to close your current account and end your agreement with us, any pending withdrawal requests will be processed according to their notice periods, after which we will move any remaining money in your Notice Account back to your current account. We will then follow the process outlined in your current account T&Cs to return any money we owe to you.
Please note: The information provided in this summary is a summary of the key features of our Business Notice Account. It should not be used as a substitute for our Business Notice Account Terms and Conditions which can be found on our website.
Term
AER
Min. deposit
Max balance
Withdrawals
Scroll down
| 30-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 2.96% | 3.00% |
| £500,000+ | 3.21% | 3.25% |
| 95-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 3.45% | 3.50% |
| £500,000 – £999,999 | 3.59% | 3.65% |
| £1,000,000+ | 3.69% | 3.75% |
The interest rate tracks the Bank of England (BoE) Base Rate (To view the latest rate visit www.bankofengland.co.uk/monetary-policy) minus a spread*, as mentioned above.
Your account will start generating interest no later than one business day from when we receive and apply your deposit to your OakNorth Bank account, subject to maintaining a balance of £100,000.
Interest is calculated daily on your end-of-day cleared balance (at 23:30) and paid monthly on the first business day of each month into your Notice account.
The interest rate that applies is based on your entire account balance. When your balance moves into a higher tier, the higher rate applies to your whole balance, not just the amount above the threshold.
If a withdrawal request has been made, interest will be calculated on the total amount until but not including the day of the withdrawal.
*Spread in this document refers to the rate that is subtracted from the Bank of England Base Rate
Yes. Interest rates are variable and can be increased or decreased dependent on the Bank of England base rate.
OakNorth may also adjust the spread at any time at our sole discretion as outlined in the Changes to these Terms section of the Business Notice account Terms & Conditions.
If we change the interest rate spread on your savings account, which results in your interest rate increasing, we will email you about this increase and confirm the date of the change taking effect. If we change the spread applicable to your interest rate, which results in your interest rate decreasing, we will notify you at least 44 days prior to the decrease for 30-day accounts or 109 days prior for 95-day accounts.
| Notice period | Initial deposit at account opening | Balance Tier | Balance after 12 months* |
|---|---|---|---|
| 30 Days | £1,000 | £0-£99,999 (0% AER) | £1,000 |
| 30 Days | £300,000 | £100,000 – £499,999 (3.00% AER) | £309,750 |
| 30 Days | £600,000 | £500,000+ (3.25% AER) | £621,000 |
| 95 Days | £1,000 | £0 – £99,9999 (0% AER) | £1,000 |
| 95 Days | £300,000 | £100,000 – £499,999 (3.50% AER) | £311,250 |
| 95 Days | £600,000 | £500,000 – £999,999 (3.65% AER) | £623,400 |
| 95 Days | £1,500,000 | £1,000,000+ (3.75% AER) | £1,560,000 |
*These examples are provided for illustrative purposes only and do not consider your individual circumstances.
Examples are based on the Bank of England base rate of 4.00% as of August 2025 and assume no further deposits or withdrawals are made, that interest is accrued daily and applied monthly, that any interest earned stays in the account, and that there is no change to the Bank of England base rate or interest rate spreads during the 12-month period.
Eligibility: You must hold a Business Current Account with OakNorth Bank to open a Notice account. The account is available to active UK registered businesses that are either a Limited Company, Private Unlimited company, PLC, LLP or Overseas Company.
Opening Your Account: You can open a Notice account via the mobile app and web platform. You will need to select your preferred notice period (30-day or 95-day) during the opening process. Once opened you can access your Notice account via the mobile app and web platform.
When you add money to your Notice account, this money does not form part of the available balance in your current account. This means:
No minimum or maximum deposit limits apply to your Notice account. However, interest is only earned on balances of £100,000 and above. We do not impose any other limits on your Notice account. If this changes, we’ll let you know before they apply.
You can only add money to your Notice account from your current account. You can do this via the mobile app and web platform at any time. When you add money to your Notice account, we will credit your Notice account immediately (or in any event within 2 hours).
You may access your balance and details of money added or withdrawn from your Notice account through the mobile app and web platform. Alternatively, you can contact us by email, by phone, or by writing to us. Please refer to our website for our contact details.
Yes, you must give advance notice before making any withdrawal:
Withdrawal Process
You must submit your withdrawal notice via online banking or mobile app. The notice period begins the same day we receive your instruction. Your funds will be available the business day after your notice period expires, when the transfer will be completed to your current account.
Important Withdrawal Information
There is no limit on the number of withdrawals you can make (with proper notice), and partial withdrawals are permitted without needing to close your account. There is no minimum withdrawal amount. There are no fees for withdrawals with proper notice, but no changes are allowed once withdrawal notice is submitted.
Interest is calculated up to but not including the withdrawal date.
Interest will be paid gross.
AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.
We do not deduct tax from the interest we pay to you. This information is based on our understanding of current taxation which may change in the future.
Important Considerations: This account is designed for businesses saving for the medium to long term and is not suitable if you need instant access to your funds. Consider the notice period carefully before depositing and ensure you have sufficient funds elsewhere for short-term needs.
If we suspend your current account, we will also suspend your access to the Notice Account. If you or we decide to close your current account and end your agreement with us, any pending withdrawal requests will be processed according to their notice periods, after which we will move any remaining money in your Notice Account back to your current account. We will then follow the process outlined in your current account T&Cs to return any money we owe to you.
Please note: The information provided in this summary is a summary of the key features of our Business Notice Account. It should not be used as a substitute for our Business Notice Account Terms and Conditions which can be found on our website.
Term
AER
Min. deposit
Max balance
Withdrawals
Scroll down
| 30-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 2.96% | 3.00% |
| £500,000+ | 3.21% | 3.25% |
| 95-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 3.45% | 3.50% |
| £500,000 – £999,999 | 3.59% | 3.65% |
| £1,000,000+ | 3.69% | 3.75% |
The interest rate tracks the Bank of England (BoE) Base Rate (To view the latest rate visit www.bankofengland.co.uk/monetary-policy) minus a spread*, as mentioned above.
Your account will start generating interest no later than one business day from when we receive and apply your deposit to your OakNorth Bank account, subject to maintaining a balance of £100,000.
Interest is calculated daily on your end-of-day cleared balance (at 23:30) and paid monthly on the first business day of each month into your Notice account.
The interest rate that applies is based on your entire account balance. When your balance moves into a higher tier, the higher rate applies to your whole balance, not just the amount above the threshold.
If a withdrawal request has been made, interest will be calculated on the total amount until but not including the day of the withdrawal.
*Spread in this document refers to the rate that is subtracted from the Bank of England Base Rate
Yes. Interest rates are variable and can be increased or decreased dependent on the Bank of England base rate.
OakNorth may also adjust the spread at any time at our sole discretion as outlined in the Changes to these Terms section of the Business Notice account Terms & Conditions.
If we change the interest rate spread on your savings account, which results in your interest rate increasing, we will email you about this increase and confirm the date of the change taking effect. If we change the spread applicable to your interest rate, which results in your interest rate decreasing, we will notify you at least 44 days prior to the decrease for 30-day accounts or 109 days prior for 95-day accounts.
| Notice period | Initial deposit at account opening | Balance Tier | Balance after 12 months* |
|---|---|---|---|
| 30 Days | £1,000 | £0-£99,999 (0% AER) | £1,000 |
| 30 Days | £300,000 | £100,000 – £499,999 (3.00% AER) | £309,750 |
| 30 Days | £600,000 | £500,000+ (3.25% AER) | £621,000 |
| 95 Days | £1,000 | £0 – £99,9999 (0% AER) | £1,000 |
| 95 Days | £300,000 | £100,000 – £499,999 (3.50% AER) | £311,250 |
| 95 Days | £600,000 | £500,000 – £999,999 (3.65% AER) | £623,400 |
| 95 Days | £1,500,000 | £1,000,000+ (3.75% AER) | £1,560,000 |
*These examples are provided for illustrative purposes only and do not consider your individual circumstances.
Examples are based on the Bank of England base rate of 4.00% as of August 2025 and assume no further deposits or withdrawals are made, that interest is accrued daily and applied monthly, that any interest earned stays in the account, and that there is no change to the Bank of England base rate or interest rate spreads during the 12-month period.
Eligibility: You must hold a Business Current Account with OakNorth Bank to open a Notice account. The account is available to active UK registered businesses that are either a Limited Company, Private Unlimited company, PLC, LLP or Overseas Company.
Opening Your Account: You can open a Notice account via the mobile app and web platform. You will need to select your preferred notice period (30-day or 95-day) during the opening process. Once opened you can access your Notice account via the mobile app and web platform.
When you add money to your Notice account, this money does not form part of the available balance in your current account. This means:
No minimum or maximum deposit limits apply to your Notice account. However, interest is only earned on balances of £100,000 and above. We do not impose any other limits on your Notice account. If this changes, we’ll let you know before they apply.
You can only add money to your Notice account from your current account. You can do this via the mobile app and web platform at any time. When you add money to your Notice account, we will credit your Notice account immediately (or in any event within 2 hours).
You may access your balance and details of money added or withdrawn from your Notice account through the mobile app and web platform. Alternatively, you can contact us by email, by phone, or by writing to us. Please refer to our website for our contact details.
Yes, you must give advance notice before making any withdrawal:
Withdrawal Process
You must submit your withdrawal notice via online banking or mobile app. The notice period begins the same day we receive your instruction. Your funds will be available the business day after your notice period expires, when the transfer will be completed to your current account.
Important Withdrawal Information
There is no limit on the number of withdrawals you can make (with proper notice), and partial withdrawals are permitted without needing to close your account. There is no minimum withdrawal amount. There are no fees for withdrawals with proper notice, but no changes are allowed once withdrawal notice is submitted.
Interest is calculated up to but not including the withdrawal date.
Interest will be paid gross.
AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.
We do not deduct tax from the interest we pay to you. This information is based on our understanding of current taxation which may change in the future.
Important Considerations: This account is designed for businesses saving for the medium to long term and is not suitable if you need instant access to your funds. Consider the notice period carefully before depositing and ensure you have sufficient funds elsewhere for short-term needs.
If we suspend your current account, we will also suspend your access to the Notice Account. If you or we decide to close your current account and end your agreement with us, any pending withdrawal requests will be processed according to their notice periods, after which we will move any remaining money in your Notice Account back to your current account. We will then follow the process outlined in your current account T&Cs to return any money we owe to you.
Please note: The information provided in this summary is a summary of the key features of our Business Notice Account. It should not be used as a substitute for our Business Notice Account Terms and Conditions which can be found on our website.
Term
AER
Min. deposit
Max balance
Withdrawals
Scroll down
| 30-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 2.96% | 3.00% |
| £500,000+ | 3.21% | 3.25% |
| 95-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 3.45% | 3.50% |
| £500,000 – £999,999 | 3.59% | 3.65% |
| £1,000,000+ | 3.69% | 3.75% |
The interest rate tracks the Bank of England (BoE) Base Rate (To view the latest rate visit www.bankofengland.co.uk/monetary-policy) minus a spread*, as mentioned above.
Your account will start generating interest no later than one business day from when we receive and apply your deposit to your OakNorth Bank account, subject to maintaining a balance of £100,000.
Interest is calculated daily on your end-of-day cleared balance (at 23:30) and paid monthly on the first business day of each month into your Notice account.
The interest rate that applies is based on your entire account balance. When your balance moves into a higher tier, the higher rate applies to your whole balance, not just the amount above the threshold.
If a withdrawal request has been made, interest will be calculated on the total amount until but not including the day of the withdrawal.
*Spread in this document refers to the rate that is subtracted from the Bank of England Base Rate
Yes. Interest rates are variable and can be increased or decreased dependent on the Bank of England base rate.
OakNorth may also adjust the spread at any time at our sole discretion as outlined in the Changes to these Terms section of the Business Notice account Terms & Conditions.
If we change the interest rate spread on your savings account, which results in your interest rate increasing, we will email you about this increase and confirm the date of the change taking effect. If we change the spread applicable to your interest rate, which results in your interest rate decreasing, we will notify you at least 44 days prior to the decrease for 30-day accounts or 109 days prior for 95-day accounts.
| Notice period | Initial deposit at account opening | Balance Tier | Balance after 12 months* |
|---|---|---|---|
| 30 Days | £1,000 | £0-£99,999 (0% AER) | £1,000 |
| 30 Days | £300,000 | £100,000 – £499,999 (3.00% AER) | £309,750 |
| 30 Days | £600,000 | £500,000+ (3.25% AER) | £621,000 |
| 95 Days | £1,000 | £0 – £99,9999 (0% AER) | £1,000 |
| 95 Days | £300,000 | £100,000 – £499,999 (3.50% AER) | £311,250 |
| 95 Days | £600,000 | £500,000 – £999,999 (3.65% AER) | £623,400 |
| 95 Days | £1,500,000 | £1,000,000+ (3.75% AER) | £1,560,000 |
*These examples are provided for illustrative purposes only and do not consider your individual circumstances.
Examples are based on the Bank of England base rate of 4.00% as of August 2025 and assume no further deposits or withdrawals are made, that interest is accrued daily and applied monthly, that any interest earned stays in the account, and that there is no change to the Bank of England base rate or interest rate spreads during the 12-month period.
Eligibility: You must hold a Business Current Account with OakNorth Bank to open a Notice account. The account is available to active UK registered businesses that are either a Limited Company, Private Unlimited company, PLC, LLP or Overseas Company.
Opening Your Account: You can open a Notice account via the mobile app and web platform. You will need to select your preferred notice period (30-day or 95-day) during the opening process. Once opened you can access your Notice account via the mobile app and web platform.
When you add money to your Notice account, this money does not form part of the available balance in your current account. This means:
No minimum or maximum deposit limits apply to your Notice account. However, interest is only earned on balances of £100,000 and above. We do not impose any other limits on your Notice account. If this changes, we’ll let you know before they apply.
You can only add money to your Notice account from your current account. You can do this via the mobile app and web platform at any time. When you add money to your Notice account, we will credit your Notice account immediately (or in any event within 2 hours).
You may access your balance and details of money added or withdrawn from your Notice account through the mobile app and web platform. Alternatively, you can contact us by email, by phone, or by writing to us. Please refer to our website for our contact details.
Yes, you must give advance notice before making any withdrawal:
Withdrawal Process
You must submit your withdrawal notice via online banking or mobile app. The notice period begins the same day we receive your instruction. Your funds will be available the business day after your notice period expires, when the transfer will be completed to your current account.
Important Withdrawal Information
There is no limit on the number of withdrawals you can make (with proper notice), and partial withdrawals are permitted without needing to close your account. There is no minimum withdrawal amount. There are no fees for withdrawals with proper notice, but no changes are allowed once withdrawal notice is submitted.
Interest is calculated up to but not including the withdrawal date.
Interest will be paid gross.
AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.
We do not deduct tax from the interest we pay to you. This information is based on our understanding of current taxation which may change in the future.
Important Considerations: This account is designed for businesses saving for the medium to long term and is not suitable if you need instant access to your funds. Consider the notice period carefully before depositing and ensure you have sufficient funds elsewhere for short-term needs.
If we suspend your current account, we will also suspend your access to the Notice Account. If you or we decide to close your current account and end your agreement with us, any pending withdrawal requests will be processed according to their notice periods, after which we will move any remaining money in your Notice Account back to your current account. We will then follow the process outlined in your current account T&Cs to return any money we owe to you.
Please note: The information provided in this summary is a summary of the key features of our Business Notice Account. It should not be used as a substitute for our Business Notice Account Terms and Conditions which can be found on our website.
Term
AER
Min. deposit
Max balance
Withdrawals
Scroll down
| 30-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 2.96% | 3.00% |
| £500,000+ | 3.21% | 3.25% |
| 95-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 3.45% | 3.50% |
| £500,000 – £999,999 | 3.59% | 3.65% |
| £1,000,000+ | 3.69% | 3.75% |
The interest rate tracks the Bank of England (BoE) Base Rate (To view the latest rate visit www.bankofengland.co.uk/monetary-policy) minus a spread*, as mentioned above.
Your account will start generating interest no later than one business day from when we receive and apply your deposit to your OakNorth Bank account, subject to maintaining a balance of £100,000.
Interest is calculated daily on your end-of-day cleared balance (at 23:30) and paid monthly on the first business day of each month into your Notice account.
The interest rate that applies is based on your entire account balance. When your balance moves into a higher tier, the higher rate applies to your whole balance, not just the amount above the threshold.
If a withdrawal request has been made, interest will be calculated on the total amount until but not including the day of the withdrawal.
*Spread in this document refers to the rate that is subtracted from the Bank of England Base Rate
Yes. Interest rates are variable and can be increased or decreased dependent on the Bank of England base rate.
OakNorth may also adjust the spread at any time at our sole discretion as outlined in the Changes to these Terms section of the Business Notice account Terms & Conditions.
If we change the interest rate spread on your savings account, which results in your interest rate increasing, we will email you about this increase and confirm the date of the change taking effect. If we change the spread applicable to your interest rate, which results in your interest rate decreasing, we will notify you at least 44 days prior to the decrease for 30-day accounts or 109 days prior for 95-day accounts.
| Notice period | Initial deposit at account opening | Balance Tier | Balance after 12 months* |
|---|---|---|---|
| 30 Days | £1,000 | £0-£99,999 (0% AER) | £1,000 |
| 30 Days | £300,000 | £100,000 – £499,999 (3.00% AER) | £309,750 |
| 30 Days | £600,000 | £500,000+ (3.25% AER) | £621,000 |
| 95 Days | £1,000 | £0 – £99,9999 (0% AER) | £1,000 |
| 95 Days | £300,000 | £100,000 – £499,999 (3.50% AER) | £311,250 |
| 95 Days | £600,000 | £500,000 – £999,999 (3.65% AER) | £623,400 |
| 95 Days | £1,500,000 | £1,000,000+ (3.75% AER) | £1,560,000 |
*These examples are provided for illustrative purposes only and do not consider your individual circumstances.
Examples are based on the Bank of England base rate of 4.00% as of August 2025 and assume no further deposits or withdrawals are made, that interest is accrued daily and applied monthly, that any interest earned stays in the account, and that there is no change to the Bank of England base rate or interest rate spreads during the 12-month period.
Eligibility: You must hold a Business Current Account with OakNorth Bank to open a Notice account. The account is available to active UK registered businesses that are either a Limited Company, Private Unlimited company, PLC, LLP or Overseas Company.
Opening Your Account: You can open a Notice account via the mobile app and web platform. You will need to select your preferred notice period (30-day or 95-day) during the opening process. Once opened you can access your Notice account via the mobile app and web platform.
When you add money to your Notice account, this money does not form part of the available balance in your current account. This means:
No minimum or maximum deposit limits apply to your Notice account. However, interest is only earned on balances of £100,000 and above. We do not impose any other limits on your Notice account. If this changes, we’ll let you know before they apply.
You can only add money to your Notice account from your current account. You can do this via the mobile app and web platform at any time. When you add money to your Notice account, we will credit your Notice account immediately (or in any event within 2 hours).
You may access your balance and details of money added or withdrawn from your Notice account through the mobile app and web platform. Alternatively, you can contact us by email, by phone, or by writing to us. Please refer to our website for our contact details.
Yes, you must give advance notice before making any withdrawal:
Withdrawal Process
You must submit your withdrawal notice via online banking or mobile app. The notice period begins the same day we receive your instruction. Your funds will be available the business day after your notice period expires, when the transfer will be completed to your current account.
Important Withdrawal Information
There is no limit on the number of withdrawals you can make (with proper notice), and partial withdrawals are permitted without needing to close your account. There is no minimum withdrawal amount. There are no fees for withdrawals with proper notice, but no changes are allowed once withdrawal notice is submitted.
Interest is calculated up to but not including the withdrawal date.
Interest will be paid gross.
AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.
We do not deduct tax from the interest we pay to you. This information is based on our understanding of current taxation which may change in the future.
Important Considerations: This account is designed for businesses saving for the medium to long term and is not suitable if you need instant access to your funds. Consider the notice period carefully before depositing and ensure you have sufficient funds elsewhere for short-term needs.
If we suspend your current account, we will also suspend your access to the Notice Account. If you or we decide to close your current account and end your agreement with us, any pending withdrawal requests will be processed according to their notice periods, after which we will move any remaining money in your Notice Account back to your current account. We will then follow the process outlined in your current account T&Cs to return any money we owe to you.
Please note: The information provided in this summary is a summary of the key features of our Business Notice Account. It should not be used as a substitute for our Business Notice Account Terms and Conditions which can be found on our website.
Term
AER
Min. deposit
Max balance
Withdrawals
Scroll down
| 30-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 2.96% | 3.00% |
| £500,000+ | 3.21% | 3.25% |
| 95-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 3.45% | 3.50% |
| £500,000 – £999,999 | 3.59% | 3.65% |
| £1,000,000+ | 3.69% | 3.75% |
The interest rate tracks the Bank of England (BoE) Base Rate (To view the latest rate visit www.bankofengland.co.uk/monetary-policy) minus a spread*, as mentioned above.
Your account will start generating interest no later than one business day from when we receive and apply your deposit to your OakNorth Bank account, subject to maintaining a balance of £100,000.
Interest is calculated daily on your end-of-day cleared balance (at 23:30) and paid monthly on the first business day of each month into your Notice account.
The interest rate that applies is based on your entire account balance. When your balance moves into a higher tier, the higher rate applies to your whole balance, not just the amount above the threshold.
If a withdrawal request has been made, interest will be calculated on the total amount until but not including the day of the withdrawal.
*Spread in this document refers to the rate that is subtracted from the Bank of England Base Rate
Yes. Interest rates are variable and can be increased or decreased dependent on the Bank of England base rate.
OakNorth may also adjust the spread at any time at our sole discretion as outlined in the Changes to these Terms section of the Business Notice account Terms & Conditions.
If we change the interest rate spread on your savings account, which results in your interest rate increasing, we will email you about this increase and confirm the date of the change taking effect. If we change the spread applicable to your interest rate, which results in your interest rate decreasing, we will notify you at least 44 days prior to the decrease for 30-day accounts or 109 days prior for 95-day accounts.
| Notice period | Initial deposit at account opening | Balance Tier | Balance after 12 months* |
|---|---|---|---|
| 30 Days | £1,000 | £0-£99,999 (0% AER) | £1,000 |
| 30 Days | £300,000 | £100,000 – £499,999 (3.00% AER) | £309,750 |
| 30 Days | £600,000 | £500,000+ (3.25% AER) | £621,000 |
| 95 Days | £1,000 | £0 – £99,9999 (0% AER) | £1,000 |
| 95 Days | £300,000 | £100,000 – £499,999 (3.50% AER) | £311,250 |
| 95 Days | £600,000 | £500,000 – £999,999 (3.65% AER) | £623,400 |
| 95 Days | £1,500,000 | £1,000,000+ (3.75% AER) | £1,560,000 |
*These examples are provided for illustrative purposes only and do not consider your individual circumstances.
Examples are based on the Bank of England base rate of 4.00% as of August 2025 and assume no further deposits or withdrawals are made, that interest is accrued daily and applied monthly, that any interest earned stays in the account, and that there is no change to the Bank of England base rate or interest rate spreads during the 12-month period.
Eligibility: You must hold a Business Current Account with OakNorth Bank to open a Notice account. The account is available to active UK registered businesses that are either a Limited Company, Private Unlimited company, PLC, LLP or Overseas Company.
Opening Your Account: You can open a Notice account via the mobile app and web platform. You will need to select your preferred notice period (30-day or 95-day) during the opening process. Once opened you can access your Notice account via the mobile app and web platform.
When you add money to your Notice account, this money does not form part of the available balance in your current account. This means:
No minimum or maximum deposit limits apply to your Notice account. However, interest is only earned on balances of £100,000 and above. We do not impose any other limits on your Notice account. If this changes, we’ll let you know before they apply.
You can only add money to your Notice account from your current account. You can do this via the mobile app and web platform at any time. When you add money to your Notice account, we will credit your Notice account immediately (or in any event within 2 hours).
You may access your balance and details of money added or withdrawn from your Notice account through the mobile app and web platform. Alternatively, you can contact us by email, by phone, or by writing to us. Please refer to our website for our contact details.
Yes, you must give advance notice before making any withdrawal:
Withdrawal Process
You must submit your withdrawal notice via online banking or mobile app. The notice period begins the same day we receive your instruction. Your funds will be available the business day after your notice period expires, when the transfer will be completed to your current account.
Important Withdrawal Information
There is no limit on the number of withdrawals you can make (with proper notice), and partial withdrawals are permitted without needing to close your account. There is no minimum withdrawal amount. There are no fees for withdrawals with proper notice, but no changes are allowed once withdrawal notice is submitted.
Interest is calculated up to but not including the withdrawal date.
Interest will be paid gross.
AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.
We do not deduct tax from the interest we pay to you. This information is based on our understanding of current taxation which may change in the future.
Important Considerations: This account is designed for businesses saving for the medium to long term and is not suitable if you need instant access to your funds. Consider the notice period carefully before depositing and ensure you have sufficient funds elsewhere for short-term needs.
If we suspend your current account, we will also suspend your access to the Notice Account. If you or we decide to close your current account and end your agreement with us, any pending withdrawal requests will be processed according to their notice periods, after which we will move any remaining money in your Notice Account back to your current account. We will then follow the process outlined in your current account T&Cs to return any money we owe to you.
Please note: The information provided in this summary is a summary of the key features of our Business Notice Account. It should not be used as a substitute for our Business Notice Account Terms and Conditions which can be found on our website.
Term
AER
Min. deposit
Max balance
Withdrawals
Scroll down
| 30-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 2.96% | 3.00% |
| £500,000+ | 3.21% | 3.25% |
| 95-Day Business Notice Account Rates | ||
|---|---|---|
| Balance tier | Gross rate (%) | AER (%) |
| £0 – £99,999 | 0.00% | 0.00% |
| £100,000 – £499,999 | 3.45% | 3.50% |
| £500,000 – £999,999 | 3.59% | 3.65% |
| £1,000,000+ | 3.69% | 3.75% |
The interest rate tracks the Bank of England (BoE) Base Rate (To view the latest rate visit www.bankofengland.co.uk/monetary-policy) minus a spread*, as mentioned above.
Your account will start generating interest no later than one business day from when we receive and apply your deposit to your OakNorth Bank account, subject to maintaining a balance of £100,000.
Interest is calculated daily on your end-of-day cleared balance (at 23:30) and paid monthly on the first business day of each month into your Notice account.
The interest rate that applies is based on your entire account balance. When your balance moves into a higher tier, the higher rate applies to your whole balance, not just the amount above the threshold.
If a withdrawal request has been made, interest will be calculated on the total amount until but not including the day of the withdrawal.
*Spread in this document refers to the rate that is subtracted from the Bank of England Base Rate
Yes. Interest rates are variable and can be increased or decreased dependent on the Bank of England base rate.
OakNorth may also adjust the spread at any time at our sole discretion as outlined in the Changes to these Terms section of the Business Notice account Terms & Conditions.
If we change the interest rate spread on your savings account, which results in your interest rate increasing, we will email you about this increase and confirm the date of the change taking effect. If we change the spread applicable to your interest rate, which results in your interest rate decreasing, we will notify you at least 44 days prior to the decrease for 30-day accounts or 109 days prior for 95-day accounts.
| Notice period | Initial deposit at account opening | Balance Tier | Balance after 12 months* |
|---|---|---|---|
| 30 Days | £1,000 | £0-£99,999 (0% AER) | £1,000 |
| 30 Days | £300,000 | £100,000 – £499,999 (3.00% AER) | £309,750 |
| 30 Days | £600,000 | £500,000+ (3.25% AER) | £621,000 |
| 95 Days | £1,000 | £0 – £99,9999 (0% AER) | £1,000 |
| 95 Days | £300,000 | £100,000 – £499,999 (3.50% AER) | £311,250 |
| 95 Days | £600,000 | £500,000 – £999,999 (3.65% AER) | £623,400 |
| 95 Days | £1,500,000 | £1,000,000+ (3.75% AER) | £1,560,000 |
*These examples are provided for illustrative purposes only and do not consider your individual circumstances.
Examples are based on the Bank of England base rate of 4.00% as of August 2025 and assume no further deposits or withdrawals are made, that interest is accrued daily and applied monthly, that any interest earned stays in the account, and that there is no change to the Bank of England base rate or interest rate spreads during the 12-month period.
Eligibility: You must hold a Business Current Account with OakNorth Bank to open a Notice account. The account is available to active UK registered businesses that are either a Limited Company, Private Unlimited company, PLC, LLP or Overseas Company.
Opening Your Account: You can open a Notice account via the mobile app and web platform. You will need to select your preferred notice period (30-day or 95-day) during the opening process. Once opened you can access your Notice account via the mobile app and web platform.
When you add money to your Notice account, this money does not form part of the available balance in your current account. This means:
No minimum or maximum deposit limits apply to your Notice account. However, interest is only earned on balances of £100,000 and above. We do not impose any other limits on your Notice account. If this changes, we’ll let you know before they apply.
You can only add money to your Notice account from your current account. You can do this via the mobile app and web platform at any time. When you add money to your Notice account, we will credit your Notice account immediately (or in any event within 2 hours).
You may access your balance and details of money added or withdrawn from your Notice account through the mobile app and web platform. Alternatively, you can contact us by email, by phone, or by writing to us. Please refer to our website for our contact details.
Yes, you must give advance notice before making any withdrawal:
Withdrawal Process
You must submit your withdrawal notice via online banking or mobile app. The notice period begins the same day we receive your instruction. Your funds will be available the business day after your notice period expires, when the transfer will be completed to your current account.
Important Withdrawal Information
There is no limit on the number of withdrawals you can make (with proper notice), and partial withdrawals are permitted without needing to close your account. There is no minimum withdrawal amount. There are no fees for withdrawals with proper notice, but no changes are allowed once withdrawal notice is submitted.
Interest is calculated up to but not including the withdrawal date.
Interest will be paid gross.
AER (Annual Equivalent Rate) illustrates what the interest rate would be if interest was paid and compounded once each year.
We do not deduct tax from the interest we pay to you. This information is based on our understanding of current taxation which may change in the future.
Important Considerations: This account is designed for businesses saving for the medium to long term and is not suitable if you need instant access to your funds. Consider the notice period carefully before depositing and ensure you have sufficient funds elsewhere for short-term needs.
If we suspend your current account, we will also suspend your access to the Notice Account. If you or we decide to close your current account and end your agreement with us, any pending withdrawal requests will be processed according to their notice periods, after which we will move any remaining money in your Notice Account back to your current account. We will then follow the process outlined in your current account T&Cs to return any money we owe to you.
Please note: The information provided in this summary is a summary of the key features of our Business Notice Account. It should not be used as a substitute for our Business Notice Account Terms and Conditions which can be found on our website.
Rates are variable and subject to change. Interest accrues daily and is paid monthly. Withdrawals require 30- or 95-days’ notice depending on the account. See Terms and Conditions for full details.
Benefit from variable interest rates that track the Bank of England base rate, minus spread.
Choose from 30-day or 95-day notice periods depending on your needs.
Open in minutes and fund directly from your OakNorth Spend account.
Fee-free with transparent terms – no surprise charges or penalties.
Our Business Notice accounts are currently in early testing, with a wider release coming soon.
Our Notice accounts are tracker accounts – which means your interest rate follows the Bank of England base rate, minus a variable spread.
You can choose between a 30-day or 95-day Notice account. That means you’ll need to give either 30 or 95 calendar days’ notice before accessing your money. Once the notice period ends, your funds will be returned to your Spend (current) account the next business day.
Interest is calculated daily and paid monthly. Your account starts earning interest no later than one business day after your first deposit is applied – as long as your balance meets the minimum threshold for interest.
You can add funds at any time from your Spend account, and you’re free to make partial or full withdrawals. There are no limits on the number of withdrawals, no fees and no minimum withdrawal amount.
You can open and manage your Notice account directly via the OakNorth app or web platform.
For full details, see our Terms and Conditions
The information on this page is provided by OakNorth Bank plc for general information purposes only and does not constitute financial, legal, tax, or investment advice. It should not be relied upon as a recommendation or offer to engage in any specific transaction or service.
While we take reasonable care to ensure the accuracy of the information at the time of publication, no representation, warranty or guarantee is made, express or implied, as to its accuracy, completeness or suitability. We accept no liability for any loss arising from reliance on this content. All features, terms and availability are subject to change without notice. This information is for general purposes only and should not be interpreted as a recommendation, offer, or invitation to apply for any product or service.
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