95 Day Notice Issue 2 4.65%AER
Enjoy a higher interest rate on money you don't need immediate access to, with the flexibility of unlimited deposits.
- Start saving from £50
- Add money whenever you like, up to a maximum of £85,000
- Unlimited withdrawals, subject to 95 days’ notice
- Choose monthly or annual interest payments
Ready to save?
Our handy savings calculator lets you see how much interest you can earn and how long it will take you to reach your savings goal. See how much you can save.
Before you apply, make sure you read the Product Special Conditions and Summary.
Your money is protected
As we are a UK based fully licenced bank, you are protected up to £85,000 by the Financial Service’s Compensation Scheme (FSCS), the UK’s depositor guarantee scheme.
Product Summary
Account Name
95 Day Notice Issue 2
What is the interest rate?
| Annual Interest | Monthly Interest | ||
|---|---|---|---|
| Gross* | AER** | Gross* | AER** |
| 4.65% | 4.65% | 4.55% | 4.65% |
| Annual Interest | |
|---|---|
| Gross* | AER** |
| 4.65% | 4.65% |
| Monthly Interest | |
| Gross* | AER** |
| 4.55% | 4.65% |
Gross means the rate of interest payable before the deduction of UK income tax.
AER stands for Annual Equivalent Rate. It shows what the interest rate would be if interest was paid and compounded (meaning that you earn interest on interest) once each year.
Interest is calculated daily and paid monthly or annually. All interest is paid gross. If you choose annual interest, it will be paid on the anniversary of your initial deposit. If you choose monthly interest, it will be paid on the day of the month you first paid into your account.
The interest rate is variable and can be increased or decreased by Vida Savings at any time. If we increase the interest rate on your account, we’ll let you know as soon as possible. This can be after the new rate is effective. If we decrease the interest rate, we’ll notify you at least 14 days ahead of the change. See the Savings T&Cs for more information.
| Annual Interest | |
|---|---|
| Initial deposit | Balance after 12 months |
| £1,000 | £1,046.50 |
| Annual Interest | |
|---|---|
| Initial deposit | Balance after 12 months |
| £1,000 | £1,046.50 |
This example shows the projected balance after 12 months, assuming no further deposits or withdrawals are made, the interest rate doesn’t change, and interest is paid into this account annually.
This example is for illustrative purposes only and doesn't take into account any individual circumstances.
To open an account, you must be aged 18 and over and a UK resident for tax purposes. You may open an account in sole or joint names, but the maximum number of account holders is two. The account must be for your personal use only.
Accounts are opened and operated online at www.vidasavings.co.uk and a valid email address must be provided. You’ll be able to communicate with us about the account by email, secure message via the Customer Portal, phone, or in writing.
The minimum initial investment for this account is £50. A deposit of at least this amount must be made within 21 days of your application request, or the account will be closed. You can make as many deposits as you like, up to the maximum account balance of £85,000 (not including any interest) and subject to our Maximum Customer Balance. Please refer to our Savings T&Cs for information about the Maximum Customer Balance.
All deposits must be added by electronic transfer from your Nominated Bank Account, which must be in your name.
Yes, you can withdraw money from this account at any time subject to providing 95 days’ notice. Please see the Special Conditions for full details. Withdrawals can be made to your Nominated Bank Account, or to another of your Vida Savings accounts, subject to the terms of that account. Log in and follow the on-screen instructions.
For further details on how your 95 Day Notice account works, please refer to our Savings T&Cs or the Special Conditions and Summary Box associated with this account.
Before you apply
To be eligible for this account you need to:
- be 18 years or older
- be a UK resident
- have a UK Bank account
- have a valid email address
Please make sure you've read the following documents and retain copies for your future reference.
Apply now
You can apply to open your 95 Day Notice Issue 2 right away using our online application.
Existing customers
Already have an account with us? Speed up your application by logging in.
Helpful tools
Our helpful tools are designed to keep you on track with your savings goals.
Our handy savings calculator lets you see how much interest you can earn on a range of savings accounts. You can see how much you’ll earn either by saving regularly or by saving a lump sum, or a combination of both.
Available 24/7, wherever you are, your savings are right at your fingertips. Just download and manage your Vida Savings accounts with our handy app.
Ready to start your savings journey with us?
Before you start, you’ll need to...
- be 18 years or older
- be a UK resident
- have a UK bank account
- have a valid email address
If you need any help during your application, visit our FAQs.