A savings account with 35 days' notice required for withdrawals

Gross/AER
Gross means the contractual rate of interest payable. AER stands for the annual equivalent rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
4.51% - 4.7% see rates
£1,000 - £9,999.99: 4.51% / 4.51%
£10,000 - £24,999.99: 4.7% / 4.7%
£25,000 plus: 4.7% / 4.7%
Notice for withdrawals
Some of our accounts require you to give notice before you can withdraw money from your account. Further details on the withdrawal restrictions that apply to the account can be found in the section titled - 'Can I withdraw money?' - in the Summary box.
35 days
Age restriction
Minimum or maximum age you must be to open this account.
16 years and over

This product may be withdrawn at any time.

Contact Us

Key features

  • 35 days' notice required for withdrawals
  • Minimum operating balance: £1,000
  • Maximum balance: £250,000
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Account name

35 Day Notice Account.

If you're ready to open an account you can download and complete an application form.

What is the interest rate?

The tiered variable rates below apply from 16 August 2023. Interest is paid at the same rate on the whole balance of the account. 

  • £1,000 - £9,999.99 - 4.51% Gross / AER
  • £10,000 - £24,999.99 - 4.70% Gross / AER
  • £25,000 plus - 4.70% Gross / AER

Interest is calculated daily and paid annually on 31 December.

If you're ready to open an account you can download and complete an application form.

Can Tipton & Coseley Building Society change the interest rate?

We may increase of decrease the tiered interest rates at any time. Further details of when we do this and how we will let you know, can be found in our Terms and Conditions for savings accounts, available on our website, in branch or in your welcome pack.

If you're ready to open an account you can download and complete an application form.

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

The balance after 12 months on an initial deposit of £1,000 with an interest rate of 4.51% gross / AER (variable) would be £1,045.10

The balance after 12 months on an initial deposit of £10,000 with an interest rate of 4.70% gross / AER (variable) would be £10,470.00

The balance after 12 months on an initial deposit of £25,000 with an interest rate of 4.70% gross / AER (variable) would be £26,175.00

These estimations are examples only and assumes:

  • there are no additional deposits or withdrawals made;
  • interest is paid gross and added to the account on 31 December; and
  • there is no change to the interest rate. 

These estimations are only an example and do not take into account any individual circumstances. 

If you're ready to open an account you can download and complete an application form.

How do I open and manage my account?

The account is available for anyone aged 16 or over. 

You can open an account at any of our branches without an appointment or, through the post by sending us a completed application form with a cheque payable to yourself for your initial deposit. Application forms can be posted to you on request, collected in branch, or printed from our website

Joint accounts can be opened. Only one account can be opened per customer. 

The minimum amount to open this account £1,000. You must have at least £1,000 in the account to keep it open. Withdrawals taking the balance below £1,000 are only allowed on closure of your account, or the account will automatically be closed. The maximum amount that can be held in this account is £100,000 per account. 

You can add money to your account at any of our branches by cash or cheque, through the post by cheque, or by standing order. 

You can view your balance and recent transactions on the Tipton App, available in the Google Play Store and Apple Store.

If you're ready to open an account you can download and complete an application form.

Can I withdraw money?

You must give us 35 days' notice before any withdrawals are made, no early access is available. You can give notice to withdraw by letting us know via post, visiting one of our branches, calling us, or completing our online contact form

Withdrawals taking your balance below £10,000 and £25,000 will result in a lower rate of interest, as noted in the 'What is the interest rate?' section above.

No internal transfers, electronic transfers, direct debits, faster payments, or standing order withdrawals are available.

If you're ready to open an account you can download and complete an application form.

Additional information

Interest is paid without tax deducted.

If you decide within 14 days of opening, that this isn't the right account for you, you can have your money back without charge. We’ll arrange to close the account and return your money to you or to transfer your funds to another of our savings accounts.

The Tipton offer a range of savings accounts on a non-advised basis. There may be another savings account which is more suited to your personal needs. Please, speak to a member of the team for other product information. 

Interest rates explained:

  • Gross means the contractual rate of interest payable.
  • AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Issued date: 16 August 2023

If you're ready to open an account you can download and complete an application form.

Account name

35 Day Notice Account (Mobile App Account)

When you're ready to open your account, simply visit the Tipton App to find out more

What is the interest rate?

The tiered variable rates below apply from 27 October 2023. Interest is paid at the same rate on the whole balance of the account. 

  • £1,000 - £9,999.99 - 4.51% Gross / AER
  • £10,000 - £24,999.99 - 4.70% Gross / AER
  • £25,000 plus - 4.70% Gross / AER

Interest is calculated daily and paid annually on 31 December.

When you're ready to open your account, simply visit the Tipton App to find out more

Can Tipton & Coseley Building Society change the interest rate?

We may increase or decrease the tiered interest rates at any time. Further details of when we do this and how we will let you know, can be found in our Terms and Conditions for savings accounts, available on our website, in branch or in your welcome pack.

When you're ready to open your account, simply visit the Tipton App to find out more

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

The balance after 12 months on an initial deposit of £1,000 with an interest rate of 4.51% gross / AER (variable) would be £1,045.10

The balance after 12 months on an initial deposit of £10,000 with an interest rate of 4.70% gross / AER (variable) would be £10,470.00

The balance after 12 months on an initial deposit of £25,000 with an interest rate of 4.70% gross / AER (variable) would be £26,175.00

This estimation is an example only and assumes:

  • there are no additional deposits or withdrawals made;
  • interest is paid gross and added to the account on 31 December; and
  • there is no change to the interest rate.

These estimations are only an example, and do not take into account individual circumstances. 

When you're ready to open your account, simply visit the Tipton App to find out more.

How do I open and manage my account?

You can open the account via the Tipton App only, available in the Google Play Store or Apple Store. 

The account is available for anyone aged 18 or over. 

Joint accounts cannot be opened. Only one account can be opened per customer. 

To open and operate your account with the Tipton App, you will need to choose a bank account as your nominated bank account. This means all deposits going into your 35 Day Notice account must come from this nominated bank account. All withdrawals must also be sent to this nominated account. 

The minimum amount to open this account is £1,000. You must have at least £1,000 in the account to keep it open. Withdrawals taking the balance below £1,000 will only be allowed when you are closing your account. Opening deposits must be made by electronic payment from your nominated bank account and must be sent within 14 days of opening your account, or the account will automatically be closed. The maximum amount that can be held in this account is £100,000 per account. 

You can add money to your account by electronic payment from your nominated bank account. 

When you're ready to open your account, simply visit the Tipton App to find out more.

Can I withdraw money?

You must give us 35 days' notice before any withdrawals are made, no early access is available. You can give notice to withdraw on the App, through our secure messaging service, or by calling us. 

Withdrawals must be made by electronic transfer to your nominated account only. No cash withdrawals or internal transfers are available. No faster payment withdrawals are available.

Withdrawals taking your balance below £10,000 and £25,000 will result in a lower rate of interest, as noted in the 'What is the interest rate?' section above. 

When you're ready to open your account, simply visit the Tipton App to find out more.

Additional information

Interest is paid without tax deducted.

If you decide within 14 days of opening, that this isn't the right account for you, you can have your money back without charge. We’ll arrange to close the account and return your money to you or to transfer your funds to another of our savings accounts.

The Tipton offer a range of savings accounts on a non-advised basis. There may be another savings account which is more suited to your personal needs. Please, speak to a member of the team for other product information. 

Interest rates explained:

  • Gross means the contractual rate of interest payable.
  • AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Issued date: 27 October 2023

When you're ready to open your account, simply visit the Tipton App to find out more.

Ready to apply?

How would you like to apply?

How would you like to apply?

On our app

Apply via our app

By Post

Apply by post

In Branch

Apply at one of our branches

Find a branch

Open account by post

Open account on our app

Open account online

Account Summary

Account name 35 Day Notice Account
Gross/AER 4.51% - 4.7%
Notice for withdrawals 35 days
Age restriction 16 years and over

Things to know...

  • 35 days' notice required for withdrawals
  • Minimum operating balance: £1,000
  • Maximum balance: £250,000

How to apply

You must print off the following document and post it to our head office:

Tipton & Coseley Building Society,
70 Owen Street,
Tipton,
West Midlands,
DY4 8HG

Download application form

Either scan the QR code below or download the app to create your new account instantly.

We can help you with...

  • Opening a new account
  • Answering any questions
  • Discussing your options
  • Your existing accounts
Gayle, from our savings team is happy to help 0121 557 2551*
Our lines are open:
Monday - Tuesday09:00 - 17:00
Wednesday09:30 - 17:00
Thursday - Friday09:00 - 17:00
Saturday09:00 - 12:00
SundayClosed
*Calls from landlines are charged at the standard rate. Calls from mobiles may vary.

It's simple and easy

If you're ready to open an account you can download and complete an application form.

Please post your completed form to The Tipton & Coseley Building Society, 70 Owen Street, Tipton, West Midlands, DY4 8HG, and remember to include a cheque payable to yourself.

Alternatively, you can open an account at any of our branches.

Please also read our Terms and Conditions for Savings Accounts leaflet and the Financial Compensation Services Compensation Sheet.

All new savings customers must sign any future windfall rights to our Charitable Foundation.


Our savings customers say...

"Whenever I visit Tipton & Coseley I'm dealt with quickly, on a one to one basis making each visit convenient and ideal." Mrs Cooke
Savings customer read more

Our savings customers say...

"The staff are really friendly and welcoming and always ask how I am, I feel like I can have a chat with them." Mrs Thomson
Savings customer read more