How do I know if a notice savings account is the right fit for me?

Notice savings accounts have some great benefits; they typically offer a higher interest rate and they promote good financial discipline but they can be more restrictive as you need to wait the full notice period before any funds are accessible. Make sure that you can afford to wait the notice period before opening a notice account.

With Wombat, you can have multiple savings accounts to suit different financial goals. For short-term goals, our GB Bank Base Rate Tracker may be more suitable as you can withdraw once a month without notice.