Paragon Bank
40 Day Notice Account
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General

Gross Interest Rate1.35%
AER1.35%

Opening

Method of opening accountInternet
Minimum age of account holder18
Minimum deposit£500
Maximum deposit£500,000
Contact details for opening0800 052 2222
Go to Paragon Bank Website
Paragon Bank PLC, PO Box 850, Wallsend, NE28 5BJ

Ongoing

Frequency interest paidAnniversary, a monthly option also available
Interest fixed untilVariable
Details of any bonus ratesN/A
Minimum ongoing balance£500
Compound interest or paid into separate accountBoth

Closing/Accessing funds

Withdrawals allowedYes
How withdrawals are madeInternet
Early access penaltiesYes
Notice required40 days