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Branch Saver 120
(Issue 9)

Smiling lady thinks about opening up a Notice Account with Marsden Building Society

Our Branch Saver 120 notice account could be ideal for savers who do not require immediate access to their money but wish to receive a higher rate of interest than in an easy access branch account. There is no immediate access to funds placed in this account.

Rates effective from 01 September 2023


Key features:

  • A variable rate of interest
  • Access your money with 120 days' notice via any of our branches
  • Minimum balance of £1,000 to open the account
  • Receive your interest once a year
  • Open in branch

Rates available up to:


Account access:

120 days' notice

Find out more

Account name

Branch Saver 120 (Issue 9)

What is the interest rate?

£1,000+   4.30%4.30%


Rates effective from 01 September 2023

Interest earned daily and paid annually on 31 March.

Can Marsden Building Society change the interest rate?

The interest rate is variable so we can increase or decrease the rate at any time subject to 120 days’ notice.

If the interest rate on your account falls, and the balance in your account is £100 or more, we will personally notify you of the change. All our interest rates are available in our branches and on our website.

For more details about why we may change the rate, and when we’ll let you know about a change, please refer to our General Retail Savings Account Terms and Conditions.

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

If you saved £1,000, the estimated balance after 12 months would be £1,043.

This example assumes that the account is opened with the amount stated on 01 April, no withdrawals or further deposits are made throughout the 12 months, the interest earned is added to the account annually, and no changes are made to the current interest rate.

It is provided for illustrative purposes only and does not take into account your individual circumstances.

How do I open and manage my account?

This account is available to UK residents and must be opened and operated at a branch.

Joint accounts are allowed.

The minimum balance to open the account is £1,000. The overall maximum holding by any one person in respect of all savings accounts with the Society is £250,000. This includes money held in a joint account.

Additional deposits can be made at any time up to the maximum allowed. Payments into the account can be made in cash, by cheque or debit card (up to £1,000). You can also pay in by electronic payment (but not direct debit) or standing order.

Can I withdraw money?

You can withdraw from your account by giving 120 days’ notice in branch. Limits apply on cash withdrawals.

It is not possible to withdraw funds without giving 120 days’ notice.

Additional information

*Interest will be paid gross. This means all the interest we pay you will be without tax deducted. If the total amount of interest you receive exceeds any Personal Savings Allowance to which you’re entitled, you may have to pay tax at the applicable rate. This would need to be paid directly to HM Revenue & Customs. For more information, please visit gov.uk and search for ‘Personal Savings Allowance’.

†AER stands for the Annual Equivalent Rate and shows you what the interest rate would be if interest was paid and added each year.

Download our full savings terms and conditions: General Retail Savings Terms and Conditions (PDF)

Download product terms and conditions: Branch Saver 120 (Issue 9) (PDF).

You can open this account in branch. We have branches across Lancashire in Barrowford, Burnley, Clitheroe, Colne, Garstang, Lytham, Nelson and Poulton. You can find the contact details of all each of our branches on our 'Find a branch' page.

Please note, to open a savings product in branch you may need to book an appointment. Our branch teams will let you know if this is the case when you enquire.

Download our list of Identification Requirements before your appointment: Identification Requirements (PDF)

Smiling Marsden colleague on hand to help customers

We're here to help

We want to provide the best service possible, so if you have any questions, get in touch. You can contact us by phone, visit us in branch or email us – we’ll be happy to help.

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