180 Day Notice Account

Save for a rainy day...

180 Day Notice Account

This account is suitable for someone using their personal savings who can give 180 days’ notice to access their funds.

– 180 days’ notice for withdrawals
– Save between £10,000 – £500,000
– Interest paid monthly

Click the Apply now button to open this account using our Online Service. Rate effective 25 March 2023.

Product Terms & Conditions – Summary Box

Minimum balanceGross*/AER**%

Interest is calculated on a daily basis and is paid monthly on the last working day of each month. Interest can be added to this account or paid to your bank account.

Once added to this account, interest becomes subject to the same withdrawal conditions as the capital.

If the balance of the account falls below the minimum of £10,000, the lowest rate in our easy access range will apply until the minimum balance is reached again.

*Interest is paid without tax deducted. Some savers will be required to pay tax on savings interest; this should be arranged directly with HMRC through your tax return.

**AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and added once each year

The interest rate is variable which means we can increase or decrease the rate at any time.

For more details about why we may change the rate, how and when we will let you know about the change, please refer to section 12.3 of the General Savings Account Terms and Conditions


This projection is for illustrative purposes only.

If £10,000 was deposited on 1 July, the account balance would be £10,400.00 on 30 June the following year.

This assumes no further deposits or withdrawals are made, no changes are made to the interest rate and interest earned is added to the account.

This account is available to open and manage online or in branch.

You must be a permanent UK resident and aged 18 or over.

You can pay into your account by electronic payment, cash or cheque. You must fund the account within 7 days.

The minimum balance is £10,000 and the maximum balance is £500,000 per person (£1m joint).

Customers may hold more than one 180 Day Notice Account, but the maximum holding across all accounts with the Society is £500,000 per person.

Withdrawals, transfers or closure can be completed online, in branch or by post and are subject to 180 days’ written notice.

This product may be withdrawn from sale at any time without notice.

We reserve the right to close your account and return the funds to you.

We may prohibit further deposits into this product at any time. When we do this, we will update the relevant section within the ‘Current interest rates for withdrawn products’ page of mhbs.co.uk. We will not personally notify you when we do this.

In the event of any apparent conflict between these Terms and Conditions and the General Savings Account Terms and Conditions, these Product Terms and Conditions take precedence.

We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a building society is unable to meet its financial obligations.