PTSB 35 day notice account

[coin]

Hi,

I'm just after noticing the 35 day notice account will have it's interest reduced to 2.5%. I see there is now a 40 day notice account which is 3% interest. I wonder can it be switched over to that by the bank or does the 35 day notice have to be followed?

Thanks,
coin.

 

[Lightning]

Normally, you need to give 35 days notice even if you are switching accounts with the same bank.

You will get 3.1% for your 35 day notice period if you give your notice shortly.

 

[Macattack]

I disagree, i find that if you are moving "up" a notice period, (ie you are moving funds from an account with a lower notice period than the account its been moved to) you do not have to give notice.

It would depend on the bank & T&C's but this would be logical.

 

[Lightning]

Fair enough, but in most circumstances you need to give 35 days notice.