notice account
You may earn a higher rate of interest than on our instant access accounts.
Eligibility criteria: Our business savings accounts are available to Coutts Commercial clients who hold a Coutts Business Current Account.
Why choose our Notice account?
- Choose between our 30 or 90 day Notice account. This allows you to fix your funds to suit your business' needs.
- Notice to withdraw can be given online.
- Offers banded interest rates which increase based on the balance of your savings.
- Interest paid quarterly.
COmmercial Notice Account: Summary Box
What is the interest rate?
| AER p.a (Variable) | Gross p.a. (Variable) | |
|---|---|---|
| £1 - £2,999,999 | 2.47% | 2.45% |
| £3m + | 2.47% | 2.45% |
Rates Until 28/05/2025 |
Rates from 29/05/2025 |
|||
|---|---|---|---|---|
Sterling |
AER p.a. (Variable) |
Gross p.a. (Variable) |
AER pa.a. (variable) |
Gross p.a. (variable) |
| £1 - £2,999,999 | 2.47% | 2.45% | 2.22% | 2.20% |
| £3M + | 2.47% | 2.45% | 2.22% | 2.20% |
- Rates effective from 12 May 2025
- 30 days' notice is required for each withdrawal
| AER p.a (Variable) | Gross p.a. (Variable) | |
|---|---|---|
| £1 - £2,999,999 | 2.97% | 2.94% |
| £3m + | 2.97% | 2.94% |
Rates Until 28/05/2025 |
Rates from 29/05/2025 |
|||
|---|---|---|---|---|
Sterling |
AER p.a. (Variable) |
Gross p.a. (Variable) |
AER pa.a. (variable) |
Gross p.a. (variable) |
| £1 - £2,999,999 | 2.97% | 2.94% | 2.72% | 2.69% |
| £3M + | 2.97% | 2.94% | 2.72% | 2.69% |
- Rates effective from 12 May 2025
- 90 days' notice is required for each withdrawal
can coutts change the interest rate?
Yes, the applicable interest rate is variable.
- If the rate goes down, we will give you at least 14 days’ notice.
- If it goes up, we will give you notice either before the change happens or as soon as possible afterwards.
WHAT WOULD THE ESTIMATED BALANCE BE AFTER 12 MONTHS, BASED ON A range of deposits?
Assumes:
- No further deposits or withdrawals are made
- Any interest earned stays in the account
- There is no change to interest rates and tiers
| Deposit Amount | Balance after 12 months | |
| 30 Day Notice | 90 Day Notice | |
| £100,000 | £102,727.46 | £103,228.36 |
| £1m | £1,027,274.60 | £1,032,283.64 |
Definitions
Annual Equivalent Rate (AER) |
This is a notional rate used for interest bearing accounts, which illustrates the interest rate if paid and compounded each year. It helps you to compare the effective rates of credit interest on different accounts. |
|---|---|
Gross Rate |
The interest rate without the deduction of income tax (where applicable). Interest will be paid gross. |
PA |
Per annum (per year)
|
How do I open and manage my account?
- This account is only available to you if you hold a Coutts Business Current Account. A minimum amount of £1 is required to open your account. There is no maximum balance.
- You can open your account by applying online, contacting your commercial banker or by calling Coutts Businessline.
- You can manage your account by contacting your commercial banker, calling Coutts Businessline or by using our digital services.
Can I withdraw money?
Yes, you may withdraw £1 or more by transfer to your Coutts Business Current Account.
This account requires you to give us notice before withdrawing funds. The amount of notice you need to provide depends on the type of Notice Account you have chosen. You won't be able to access your cash until the required notice period is served.
There is no limit to the number of withdrawals permitted.
additional information
We do not deduct tax from the interest we pay to you. The tax treatment may be subject to change in the future and depends on your individual circumstances.
If you are unsure of your tax obligations, we strongly recommend you obtain independent tax advice.
important documents
Before you apply, please read the important legal documents below as well as our Privacy Notice, which explains how your information might be used.
If you carry on applying, it means you’re confirming you’ve been provided with, and have acknowledged the important legal documents, including the FSCS information sheet.
Please take some time to review, print and/or save the important information.
ready to apply?
We'll take you through a few easy steps to open your account.
Financial Services Compensation Scheme
Your eligible cash deposits held with Coutts & Co are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered. Investment business undertaken with Coutts & Co in the UK may be covered by the FSCS, the cover depending on the nature of the claim being made. Eligible claims for most types of investment business are covered up to a maximum of £85,000 per person. FSCS cover is not available for loss of money resulting from performance of the investment.
News and insights
Earnings season – strong start to volatile year
CIO update – Central bank spotlight
