Save with an Emma 120-Day Notice Pot
Earn 4.31% AER (variable) by giving 120 days' notice before you withdraw. The same rate on every Emma plan. Get started with as little as £1.
What is a 120-Day Notice Pot?
A 120-Day Notice Pot is a savings account at OakNorth, opened through Emma with Bondsmith. It earns 4.31% AER (variable), 4.22% gross (variable), on every Emma plan.
Interest is calculated daily.
Withdrawals take 120 days once requested.
Deposit from £1 up to £500,000.
4.31% AER (variable)
A higher rate, in return for 120 days' notice
You earn 4.31% AER (variable) because you agree to give 120 days' notice before you take money out.
When you ask to withdraw, your money stays in the pot for the next 120 days and you can't use it during that time. It's paid back to your Emma Wallet when the notice period ends.
Money you might need within 120 days won't be available to you sooner from this pot.
FSCS protection
Eligible deposits in your 120-Day Notice Pot are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person at OakNorth.
Money held in your Emma Wallet is not FSCS protected, but it is safeguarded under the E-money regulations.
When your notice period starts
Ask to withdraw before 10am on a working day and your notice period starts the same day.
After 10am, at weekends or on bank holidays, it starts the next working day. For example, if you ask on Friday at 4pm, Emma sends your request to the bank on Monday and you receive your money 120 days later.
Multiple saving pots that work for your goals
Create unlimited savings pots, track savings progress and earn 4.31% AER (variable) in a 120-Day Notice Pot, with 120 days' notice to withdraw.
Save with ease
Discover our 3 Autosave options.Combine them for ultimate saving power!
Custom deposit
Set a recurring savings amount to consistently grow your pots and build your balance effortlessly.
Round ups
The smart feature that saves your spare change every time you spend.
AI saving
Save without lifting a finger. Our AI calculates the perfect amount to add to your pots ensuring it won’t disrupt your expenses.
Frequently asked questions
Any money in your 120-Day Notice Pot earns interest daily, no later than from the first business day after it arrives with the bank. Your money should arrive with the bank no later than the first business day after you make a transfer. To withdraw, the bank needs 120 days' notice. Emma sends your withdrawal request to the bank the same day if you ask before 10am, or by the next business day. Your money is paid back to your Emma Wallet when the notice period ends.
The rate is 4.31% AER (variable), 4.22% gross (variable), on every Emma plan. Emma calculates your interest daily and adds it to your 120-Day Notice Interest pot.
If you are eligible, money in your 120-Day Notice Pot is protected by the FSCS up to £120,000 per person at OakNorth. When your money is held by Emma, in your Emma Wallet, it is not protected under the FSCS, but it is safeguarded under the E-money regulations.
You can deposit from £1 up to £500,000.
The specific terms of the 120-Day Notice Pot are in its Deposit Information. Your agreement with the bank is in the Bank Terms, and your agreement with Emma is in the Emma Pots Terms. You can find all three in the Emma app.
Rates correct as of 11 November 2026. 4.31% AER (variable), 4.22% gross (variable). AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest was paid and compounded once each year. The rate is variable and can go up or down.
The 120-Day Notice Pot is a savings account with OakNorth, provided through Bondsmith. Withdrawals need 120 days' notice.
Over 3 million downloads
We are on a mission to improve everyone's financial wellbeing.
