A savings option ideal for life’s regular payments, with competitive rates and notice periods to suit your priorities.
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Private Banking
Private Notice Account
Access without compromise
Why choose our Private Notice Account?
Annual tax bills, school fees, executive memberships — if you have regular outgoings to manage, our Private Notice Account could be a valuable part of your savings strategy. Choose a withdrawal notice period of 35, 60 or 95 days while still enjoying competitive interest rates.
The benefits
- Choice of withdrawal notice periods — 35, 60 or 95 days.
- Tiered interest rates based on the size of your savings balance.
- Ability to hold different Private Notice Accounts with different time periods.
- Interest paid monthly.
- Minimum balance of £1 with no upper limit.
You need to be 18 or over and have a Coutts Current Account. You need to commit to a single notice period of 35, 60 or 95 days. You will not be able to withdraw your money until the notice period is served, unless in exceptional circumstances such as bereavement. Only available in sterling.
Summary Box
Account name: Private Notice Account
What is the interest rate?
- Interest is calculated daily and paid monthly on a tiered basis which means you earn one interest rate on your entire account balance.
- Rate effective from 11 August 2025.
- You do not have to provide notice on this account type if you wish to withdraw funds or close the account during the window of a rate change. You can request to withdraw funds by contacting your Private Banker or by calling Coutts 24.
Can Coutts change the interest rate?
Yes, we may change the rate up or down. There could be a few reasons for this, such as changes to the Bank of England base rate, or to reflect changes in the costs we reasonably incur for providing your account.
If the rate goes down, we will give you at least 14 days’ notice.
What would the estimated balance be after 12 months based on a range of deposits?
This example assumes that:
- no further deposits or withdrawals are made
- any interest earned stays in the account
- there is no change to interest rates and tiers.
Definitions
How do I open and manage my account?
- This account is only available to you if you hold a Coutts 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 Private Banker or calling Coutts 24.
- You can manage your account by contacting your Private Banker, calling Coutts 24 or by using our digital services.
Can I withdraw money?
Yes, you may withdraw money by transfer to your Current Account.
This account requires you to give us notice before withdrawing money. 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.
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 happy with what's in these documents, including the FSCS information sheet. Please take some time to review, print and/or save the important information.
Not a Coutts client?
Get in touch online or call Coutts 24 on 020 7957 2424 (Relay UK 18001 020 7957 2424) to see how we could support you.
Protection from the Financial Services Compensation Scheme
Your eligible cash deposits held with Coutts & Co are protected up to a specific limit 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 the limit per person. FSCS cover is not available for loss of money resulting from performance of the investment.