Our New 180 Day Notice Account, Paying 4.75%

Directors of Oxfordshire CLT

We’re delighted to launch our new 180 Day Notice Account, available now.

Great rate, great cause

The 180 Day Notice account offers a variable interest rate of 4.75%* and can be opened with a minimum opening balance of £1000 online or by post. Withdrawals can be made without penalty by providing 180 days’ notice.

We’ve also increased the rate on our Foundation Supporters account from 4.25% to 4.75%.

And, by saving with Ecology, you’re helping people, communities and our planet. In 2023, our Savings Members helped us to fund the development of 276 sustainable properties and projects, through our new lending. See more about where our impact-led lending goes on our interactive map.

Giving our Members more choice

Pauline Crawford, Savings Product Manager at Ecology Building Society, said:

“Our Savings Members know their funds are being used to fund mortgage lending that helps create ecological homes, which are good for our planet, and community projects that help people and societies.

“By introducing this new product, we hope to attract more people who want their savings to be put to good use, while receiving an attractive and competitive rate.

“This new product complements our existing Savings range, which includes our Cash ISA, Easy Access and Regular Saver Account. We’ll continue to listen to our Members as part of our ongoing drive to attract new Members to join Ecology’s important cause.”

View our current range of ethical savings accounts.

Key product details: 180 Day Notice account

  • Key product details: 180 Day Notice account
  • Variable rate of 4.75% gross* pa/AER**
  • Interest calculated daily and credited to account on 31 December each year
  • Minimum opening balance £1000
  • Maximum balance £500,000 (this is the maximum amount a Member can hold with us across all of their Ecology Savings accounts)
  • Can be opened online or by post

*We pay all savings interest gross, which means that no tax is deducted. It’s your responsibility to pay any tax due, based on your individual circumstances. Tax rules may change in future.

**AER stands for Annual Equivalent Rate and provides a means of comparing interest rates by showing what the rate would be if interest was paid and added once a year.

Published: 15 April 2024

Author: Laura Baines