Instant Access Account

If you would like the option of unlimited no notice withdrawals and deposits through your local branch or by post, our Instant Access Account may be right for you.

  Cyfraddau llog Balans Gros* y fl. AER†
Amrywiol £1 - £2,000,000 0.10% 0.10%
  • Save in branch or by post
  • Save from £1 to £2 million
  • Interest is calculated on your daily balance and paid annually
  • Unlimited withdrawals and closure permitted
Summary Box
  Summary Box
Account name Instant Access Account
What is the interest rate? 0.10% Gross* p.a. / AER† (Variable)

Interest is calculated on your daily balance and paid annually on 1 January every year.
Can Principality change the interest rate? Yes, variable account rates could increase or decrease.

Customers will be given personal notification of any material reduction in interest rates 60 days before the change takes effect.

To understand why rates may be reduced please refer to page 13 and 14 of the Savings Terms and Conditions.
What would the estimated balance be after 12 months based on a £1,000 deposit? £1,001 (based on the assumption that no further deposits or withdrawals are made during the 12 months).
How do I open and manage my account?
  • There is no minimum age to open this account. You must be a UK resident for tax purposes to open and operate this account.
  • Open your account in branch, agency or by post.
  • Minimum balance is £1, maximum balance is £2,000,000. The minimum balance must be maintained to operate the account.
  • Manage your account in branch, agency, post or online via secure message (subject to Your Account eligibility criteria, available when you click “Register Now” at www.principality.co.uk/register).
Can I withdraw money? Yes, you do not have to give notice to close your account or make a withdrawal.
Additional information
  • Service charges and costs may apply to your account. These are outlined in our Tariff of Charges.
  • If the total amount of interest you earn exceeds your Personal Savings Allowance then you may have to pay tax directly to HMRC. For more information visit www.gov.uk and search ‘Personal Savings Allowance’.
  • In certain circumstances we may refuse an instruction to operate an account. These circumstances are outlined on page 5 of the Savings Terms and Conditions.
  • Rates correct as at 25/11/16.
Calculate your savings

Savings calculator

Please enter amount

Amount must be less than 1000000

Please enter amount

Amount must be less than 1000000

Please choose a duration

Please choose a duration

 

  1. The results displayed were dependent on the information you provided and are for illustrative purposes only and are by no means an indication of being suitable for your individual circumstances.
  2. The calculations assume interest is paid gross* of income tax on the entire balance on an annual basis
  3. It has been assumed that no withdrawals or additional deposits would be made from the account during the saving duration, and that the interest rate also remains the same during this time (note that interest rates on variable rate savings account are subject to change, and when fixed rate deals end, there is no guarantee that the same rate will be available in the future). 

Before you apply below, please read the Telerau ac Amodau'r Cyfrif Dim Rhybudd

Gan y byddwch yn rhwym i delerau ac amodau'r cyfrif, mae'n rhaid i chi eu darllen. Os nad ydych yn deall unrhyw un o'r telerau ac amodau cysylltwch â ni i gael rhagor o wybodaeth.

Rydym yn argymell eich bod yn argraffu ac yn cadw copi o'r telerau ac amodau hyn ar gyfer eich cofnodion.

Darllenwch y canlynol hefyd:

* Gros yw’r gyfradd llog sy’n daladwy yn ôl y contract cyn tynnu treth incwm yn unol â’r gyfradd a ddynodir gan y gyfraith.

† Ystyr AER yw Annual Equivalent Rate (Cyfradd Gyfwerth Flynyddol) ac mae’n dangos faint fyddai’r gyfradd llog pe byddai’r llog yn cael ei dalu a’i adlogi unwaith y flwyddyn.

Previously Viewed Products

You have not viewed any products yet


  • 6ed cymdeithas adeiladu fwyaf y DU
  • Cymdeithas adeiladu gydfuddiannol, sy’n eiddo i’n 500,000 o aelodau ac yn cael ei rhedeg er eu lles
  • Dros 150 mlynedd o brofiad
  • Gofalu am werth dros £8 biliwn o asedau ein cwsmeriaid

We are covered by the FSCS

Find out more about what it means for you.