PTSB 35 day notice account

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.

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.

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.

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