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EVERYDAY SAVINGS ACCOUNTS

Everyday savings accounts are a quick an easy way to manage your money on a daily basis. Principality offer easy access everyday savings accounts with a range of features and benefits designed to help you achieve your savings goals.

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Internet Savings account

The Principality e-Saver account is an internet savings account that enables you to manage your savings online. You have the freedom to make unlimited withdrawals and deposits with an internet savings account. You can also check your balance online at any time. With a minimum balance of £1 and a maximum balance of £1,000,000, interest is calculated daily and paid annually. Plus you receive an unconditional bonus rate of 1.20% in the first year. It takes just 10 minutes to open an e-Saver account online.

Everyday Savings
Gross* AER† Includes bonus Minimum to open Withdrawal notice More details
e-Saver Issue 4 2.85% 2.85% 1.20% £1 None More about this product

It's easy to open an e-Saver account, it is simple to use and secure, giving you access to your account anywhere and at any time.

  • Variable interest rate
  • Minimum balance is £1.  Maximum balance is £1,000,000.
  • Rate includes a 1.20% unconditional bonus for the first year.
  • View your statements and make deposits or withdrawals online.
  • Interest is calculated daily and paid into your e-Saver account annually on the 1st January each year.

 

Promise Saver 2.30% 2.30% 0.80% £500 30 Days More about this product

Our Promise Saver gives you the opportunity to earn an annual bonus every year and gives you an excellent return on your money.

  • A competitive core interest rate of 1.50% Gross* p.a./AER† (variable) every year.
  • A first year unconditional bonus of 0.80% with unlimited withdrawals.
  • After year 1 a bonus of 0.50% paid annually, if you make no more than 2 withdrawals per year.
  • Variable interest rate.
  • Withdrawals permitted subject to 30 days' notice or loss of 30 days' gross interest.
  • Interest is calculated daily and you can choose to have your interest paid monthly or annually.
Instant Access Account 0.10% 0.10% N/A £1 None More about this product

If you want access to your money quickly and easily, you should consider our Instant Access Savings Account.

  • Variable interest rate
  • Minimum balance is £1.  Maximum balance is £1,000,000.
  • Interest is calculated daily and paid into your account annually on the 1st January each year.

 

* Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and compounded once each year.

# Net is the rate of interest payable after the deduction of income tax at the rate specified by law.

Promise Saver

Our Promise aver is a 30 day notice savings account with a competitive variable interest rate and the added option of an annual bonus. In the first year you can make as many withdrawals as you want. Plus you receive a bonus of 0.80% in the first year. Every year after that, you receive a bonus of 0.50% provided you make only two withdrawals within the year. Interest is calculated daily and you can decide if you want it paid monthly or annually.

Instant Access Savings accounts

Simple, fast and efficient, you can access your money instantly at your local branch with an instant access savings account. Save from as little as £1 up to £1,000,000 and benefit from a variable interest rate. Open an instant access account quickly and easily online. Once your account is active, you can make unlimited withdrawals from your savings account at your local branch.

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To help us maintain our service and security standards, telephone calls may be monitored or recorded. Your personal details may be used by Principality Building Society to contact you about your application.

Principality Building Society is authorised and regulated by the Financial Services Authority (Authorisation No. 155998). Principality Building Society, Principality Buildings, Queen Street, Cardiff, CF10 1UA.