Bond Cyfradd Sefydlog 1 Mlynedd

Our 1 Year Fixed Rate Bond may be right for you if you have a lump sum to invest and can leave your investment untouched for 1 year.

  Balans Gros* y fl. AER†
Llog blynyddol £500 - £2,000,000 1.10% 1.10%
Llog misol £500 - £2,000,000 1.09% 1.10%
  • Apply online, in branch or agency
  • Save from £500 to £2 million
  • Interest is calculated on your daily balance and paid annually or monthly
  • Additional deposits permitted while the bond remains on sale
  • No withdrawals allowed before the end of the 1 year term
  • No closure permitted prior to maturity
  • Limited availability
Summary Box
  Summary Box
Account name 1 Year Fixed Rate Bond Issue 302
What is the interest rate?
Gross* p.a.
Fixed annual interest
Fixed monthly interest

Interest is calculated on your daily balance and paid annually on maturity or monthly, one month after the date on which your bond is opened, and then monthly after that, depending on what you choose.
Can Principality change the interest rate? No, the rate on this bond is fixed for 1 year until maturity.
What would the estimated balance be after 12 months based on a £1,000 deposit? £1,011 (based on the assumption that you chose to have interest paid on maturity and added to your bond and that no further deposits were made).
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 online. Existing customers who wish to transfer funds from their maturing Principality Fixed Term Bond to open this Account can do so in branch, agency, online or by post.
  • Minimum balance is £500, maximum balance is £2,000,000.
  • You can keep making deposits while the bond remains on sale.
  • The bond will mature after one year on the anniversary of opening.
  • Manage your bond in branch, agency, online or by post.
Can I withdraw money?
  • No, closure or withdrawals are not permitted prior to maturity.
  • We may allow you to close your bond during the fixed term at our absolute discretion in exceptional circumstances.
  • We will write to you before your bond matures to let you know what you can do with your balance.
  • If we don't receive any instructions from you before your bond matures, your balance will be transferred to our Instant Access Account or its nearest equivalent.
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 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 11/04/17.
Calculate your savings

Savings calculator

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Amount must be less than 2000000

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Amount must be less than 2000000

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  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 1 Year Fixed Rate Bond Issue 302 Terms & Conditions

As you will be bound by the Account Terms of the account, you must read them. If you do not understand any of the terms and conditions please contact us for further information.

We recommend that you print and keep a copy of these terms and conditions for your records.

Please also read the following:

* 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.


1 Year Fixed Rate Bond Issue 302

  • 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
  • Members can access a Member Rewards page featuring competitions, discounts and more.

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