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ISAs

Our competitive range of Individual Savings Accounts (ISAs) help you grow your savings tax-free and make the most of your annual Cash ISA allowance (currently £5,340).

Whether you want easy access to your money or you’re looking for a longer-term investment, we have a Cash ISA to suit you. They’re easy and quick to open too – you can apply online if you choose.

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ISAs
Gross* AER† Includes bonus Minimum to open Withdrawal notice More details
1 Year Fixed Rate Cash ISA Issue 86 2.75% 2.75% N/A £500 Not permitted More about this product

With a Principality Cash ISA you do not have to pay tax on your interest and you can keep more of your savings for yourself.

  • Fixed interest rate for 1 year
  • Transfers in of previous years' ISA subscriptions are not permitted
  • Interest is calculated daily and paid at maturity on the anniversary of your ISA opening
  • Minimum investment £500, maximum investment £5,340
  • Early closure or transfer to another approved ISA provider subject to loss of 90 days' interest
  • No withdrawals permitted prior to Maturity
2 Year Fixed Rate Cash ISA Issue 87 3.10% 3.10% N/A £500 Not permitted More about this product

With a Principality Cash ISA you do not have to pay tax on your interest and you can keep more of your savings for yourself.

  • Fixed interest rate for 2 years
  • Transfers in of previous years' ISA subscriptions permitted
  • Interest is calculated daily and paid annually on the anniversary of your ISA opening
  • Minimum investment £500, maximum investment £5,340 - where investing your 2011/2012 ISA allowance
  • Early closure or transfer to another approved ISA provider subject to loss of 180 days' interest
  • No withdrawals permitted prior to Maturity
e-ISA Issue 2 2.80% 2.80% 1.00% £1 None More about this product

Our online variable rate cash e-ISA account is simple to use and secure and you can save from as little as £1.  You can also transfer in your existing years' ISA subscriptions.

  • Rate includes a 1.00% unconditional tax free bonus rate paid for one year from your ISA opening.
  • Variable interest rate.
  • Invest up to £5,340 in this tax year.
  • View your statements and make deposits or withdrawals online.
  • Interest is calculated daily and paid into your e-ISA account annually on the 6th April each year.  
Promise ISA 2.30% 2.30% 0.80% £500 30 Days More about this product

Our Promise ISA gives you the opportunity to earn a tax-free annual bonus every year and gives you an excellent return on your money. You can also transfer in your existing years' ISA subscriptions.

  • A competitive core interest rate of 1.50% Tax-free^/AER† 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.
  • Closure and 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.
Variable Rate Cash ISA 0.60% 0.60% N/A £1 None More about this product

With a Principality Cash ISA you do not have to pay tax on your interest and you can keep more of your savings for yourself.

  • Variable interest rate
  • Minimum investment of £1
  • Invest up to £5,340 in this ISA year
  • Instant access to your money
  • Interest paid annually on 6th of April

* 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.

^Tax-free means the interest you earn is exempt from UK Income Tax and Capital Gains Tax. Tax treatment depends on your individual circumstances and may change in future.

 

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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.