Notice Accounts

35-Day Notice Account

(Issue 2)

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Product overview

An account that pays a higher rate of interest but has a notice period of 35 days before withdrawals can be made.

This account is available to UK residents only, who live within a 25-mile radius from the postcode noted on the account to our Stockport head office, postcode SK1 1HF and are 18 years and above. 

Key features

  • 35-days notice must be given before withdrawals can be made 
  • Withdrawals cannot be made without notice
  • Minimum deposit of £1000 is required to open the account
  • Must have minimum balance of £1000 after any withdrawal
  • No cash withdrawals permitted
  • Save up to £200,000 plus any interest that is added to the account
  • You can pay money in by cash or cheque in branch or by standing order or online banking.

Product Summary

Account Name

35-Day Notice Account (Issue 2)

What is the interest rate?

Annual Interest

Gross Rate*

Gross AER**





The interest rate is variable. Interest is calculated daily and added to your account annually on the 31st March. Interest is paid gross without tax deducted.

*The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law. 

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

Can the Vernon Building Society change the interest rate?

We have the right to vary the rate of interest at any time.

Please see section 10 of our General Savings Account Terms & Conditions for a more detailed explanation which sets out when we can vary the interest rate and how and when we will notify you if this happens. A copy of the General Savings Account Terms and Conditions are provided when you open the account.

What would the estimated balance be after 12 months based on a £1,000 initial deposit?


This projection is provided for illustration only and does not consider individual circumstances. This assumes an initial deposit of £1,000, no further deposits or withdrawals being made over the 12-month period and that the interest rate does not change.

How do I open and manage my account?

This account is only available to UK residents aged 18 or above, that live within a 25-mile radius of our Stockport Head Office, i.e., the postcode noted on the account must be within 25-miles of postcode SK1 1HF.

You can open and manage the account in-branch or you can complete an application, and either email or post it back to us. Your transactions and balance will be printed in your passbook. Additionally, you can keep up to date by registering for our Online Services.

A minimum deposit of £1,000 is required to open the account.
The maximum balance is £200,000 plus any interest that is added to the account. 

You can deposit by cash or cheque in branch or by standing order or online banking.

Can I withdraw money?

There is no minimum withdrawal amount for this account. However, the minimum balance allowed on this account after a withdrawal to keep the account open is £1000.

You must notify us in writing or via Online Services, specifying the amount you wish to withdraw, 35 days before making a withdrawal. If this falls on a non-working day, the withdrawal will be made on the next working day. 

Withdrawals without notice are not permitted. 

Withdrawals are paid by cheque or via Faster Payment directly to your nominated bank account or to another Vernon Building Society account in your name. Cash withdrawals are not permitted.

Please also refer to section 12 of the General Savings Terms & Conditions brochure for further information.

Additional information

The information contained in this summary box forms part of the terms and conditions of the account and should be read in conjunction with our General Savings Account Terms & Conditions.

2 easy ways to apply

Apply in branch


Book an appointment at your local branch and speak to one of our friendly advisors

Apply online

Apply Now

Ready to apply? Download our application form here, complete it and email it to

Apply by phone

Got a question? Give us a call

0161 429 6262

Monday - Friday

08:45 - 17:00

Help Centre

Got a question about savings?

Jump over to our savings help centre and see if we can answer it for you.

Help Centre

Savings Jargon Buster

There are a few considerations to make when opening a savings account, so we've explained as many terms as we can.


Financial Services Compensation Scheme

Did you know that your eligible deposits with the Vernon are protected up to a total of £85,000 (£170,000 for joint accounts) by the Financial Services Deposit Scheme (FSCS), the UK's deposit guarantee scheme?

Learn more about the FSCS