Notice Account vs Fixed Term Deposit Account

amp123

Registered User
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2
Hi,

Looking at these best buy threads:

https://www.askaboutmoney.com/threads/instant-access-notice-deposit-accounts.102329/
https://www.askaboutmoney.com/threads/term-deposits-fixed-lump-sum-savings.101813/

The PTSB 2 year fixed term deposit account offers an AER of 0.65%. However The KBC 35 Day Notice Account offers the same AER, and you only have to give 35 days notice as opposed to locking away the money for 2 years. Why would you choose to go for the deposit account here over the notice account? Am I missing something? (Apologies if this is a basic question).

Thanks
 
The notice account is a variable rate, so they can change it at any time. With the fixed rate it's guaranteed for the full 2 years.
 
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