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Everyday Savings Everyday Savings

Gross* AER† Includes bonus Minimum to open Withdrawal notice More details
e-Saver Issue 11 1.00% 1.00% N/A £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.  
  • 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.

 

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.

 

Fixed Term Savings and Bonds Fixed Term Savings and Bonds

Gross* AER† Includes bonus Minimum to open Withdrawal notice More details
1 Year Regular Saver Bond Issue 14 2.00% 2.00% N/A £20 Not permitted More about this product

Our 1 Year Regular Saver Bond Issue 14 may be right for you if you have a regular amount to invest each month and can leave your investment untouched for a year.

With a fixed rate of interest on your regular savings, all it takes is to save a bit each month and you could soon be enjoying the things in life you want.

  • Fixed interest rate
  • Interest is calculated daily and paid on Maturity
  • Invest from £20 to £500 per calendar month for 12 months to achieve published interest rate
  • Customers who miss a payment or make a monthly payment of under £20 or in excess of £500, or close the bond prior to Maturity, will not receive the above interest rate.
  • If you make a £300 cash investment into your Bond each month on the same date as the date your bond was opened you will earn £39 gross* interest at Bond Maturity
  • Limited availability
1 Year Fixed Rate Bond Issue 246 1.50% 1.50% N/A £500 Not permitted More about this product

Our 1 Year Fixed Rate Bond Issue 246 may be right for you if you have a lump sum to invest and can leave your investment untouched for one year.

A fixed rate of interest for one year means you'll always know exactly what returns you'll receive and it's unaffected by changes in interest rates.

  • Fixed interest rate
  • Interest is calculated daily and you can choose to have your interest paid monthly or on Maturity
  • Invest from £500 to £2 million
  • Additional deposits permitted while the Bond remains on sale
  • Limited availability
  • No withdrawals permitted before the end of the 1 year term
  • Closure is not permitted before the end of the 1 year term
2 Year Fixed Rate Bond Issue 248 1.70% 1.70% N/A £500 Not permitted More about this product

Our 2 Year Fixed Rate Bond Issue 248 may be right for you if you have a lump sum to invest and can leave your investment untouched for two years.

A fixed rate of interest for two years means you'll always know exactly what returns you'll receive and it's unaffected by changes in interest rates.

  • Fixed interest rate
  • Interest is calculated daily and you can choose to have your interest paid monthly or annually
  • Invest from £500 to £2 million
  • Additional deposits permitted while the Bond remains on sale
  • Limited availability
  • No withdrawals permitted before the end of the 2 year term
  • Closure permitted subject to loss of 180 days' gross interest. You may close your account subject to the loss of 180 days' gross interest, which will be deducted from your Account before payment is made to you and may result in you receiving less back than you originally invested if 180 days' interest has not accrued.
3 Year Fixed Rate Bond Issue 249 2.00% 2.00% N/A £500 Not permitted More about this product

A fixed rate of interest for three years means you'll always know exactly what returns you'll receive and it's unaffected by changes in interest rates.

  • Fixed interest rate
  • Interest is calculated daily and you can choose to have your interest paid monthly or annually
  • Invest from £500 to £2 million
  • Additional deposits permitted while the bond remains on sale
  • No withdrawals permitted prior to Maturity. Closure permitted subject to loss of 270 days' gross* interest
5 Year Fixed Rate Bond Issue 244 2.50% 2.50% N/A £500 Not permitted More about this product

Our 5 Year Fixed Rate Bond Issue 244 may be right for you if you have a lump sum to invest and can leave your investment untouched for five years.

A fixed rate of interest for five years means you'll always know exactly what returns you'll receive and it's unaffected by changes in interest rates.

  • Fixed interest rate
  • Interest is calculated daily and you can choose to have your interest paid monthly or annually
  • Invest from £500 to £2 million
  • Additional deposits permitted while the bond remains on sale
  • No withdrawals permitted prior to Maturity. Closure permitted subject to loss of 360 days' gross* interest
  • Limited availability

ISAs ISAs

Gross* AER† Includes bonus Minimum to open Withdrawal notice More details
e-ISA Issue 8 1.20% 1.20% N/A £1 None More about this product

Our online variable rate cash e-ISA Issue 8 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.

  • Variable interest rate.
  • Invest up to £15,000 in this tax year 2014/15.
  • 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.
  • No notice needed to withdraw money. Your balance must not fall below the £1 minimum balance

 

Promise ISA Issue 5 1.40% 1.40% 0.50% £500 30 Days More about this product

Our Promise ISA Issue 5 gives you the opportunity to earn a tax-free annual bonus every year and gives you a competitive return on your money. You can also transfer in your existing years' ISA subscriptions.

  • A core interest rate of 0.90% Tax-free^ p.a./AER† variable.
  • The opportunity to earn a conditional bonus of 0.50% paid annually, if you make no more than 2 withdrawals per tax year.
  • Minimum balance £500, maximum balance £15,000 (plus transfers-in of existing ISA balances).
  • Closure and withdrawals permitted subject to 30 days' notice or loss of 30 days' interest on the amount you withdraw if no notice given.
  • Interest is calculated daily and you can choose to have your interest paid annually or monthly.
  • Apply in branch. Once opened can be operated in branch or by post.

 

Variable Rate Cash ISA 0.60% 0.60% N/A £1 None More about this product

With a Principality Variable Rate 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 £15,000 in this tax year 2014/15
  • Instant access to your money
  • Interest paid annually on 6th of April

 

2 Year Fixed Rate Cash ISA Issue 130 1.70% 1.70% N/A £500 Not permitted More about this product

Our 2 Year Fixed Rate Cash ISA Issue 130 may be right for you if you have a lump sum to invest and can leave your investment untouched for two years.

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 £15,000 - where investing your 2014/15 ISA allowance
  • Additional deposits permitted while the ISA remains on sale
  • Early closure or transfer to another approved ISA provider subject to loss of 180 days' interest
  • No withdrawals permitted prior to Maturity
  • Limited availability
3 Year Fixed Rate Cash ISA Issue 131 2.00% 2.00% N/A £500 Not permitted More about this product

Our 3 Year Fixed Rate Cash ISA Issue 131 may be right for you if you have a lump sum to invest and can leave your investment untouched for three years.

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 3 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 £15,000 - where investing your 2014/15 ISA allowance
  • Additional deposits permitted while the ISA remains on sale
  • Early closure or transfer to another approved ISA provider subject to loss of 270 days' interest
  • No withdrawals permitted prior to Maturity
  • Limited availability
5 Year Fixed Rate Cash ISA Issue 129 2.75% 2.75% N/A £500 Not permitted More about this product

Our 5 Year Fixed Rate Cash ISA Issue 129 may be right for you if you have a lump sum to invest and can leave your investment untouched for five years.

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 5 years
  • Transfers in are permitted
  • Interest is calculated daily and paid annually on the anniversary of your ISA opening
  • Minimum investment £500, maximum investment £15,000 - where investing your 2014/15 ISA allowance
  • Additional deposits permitted while the ISA remains on sale
  • Early closure or transfer to another approved ISA provider subject to loss of 360 days' interest
  • No withdrawals permitted prior to Maturity
  • Limited availability

Notice Accounts Notice Accounts

Gross* AER† Includes bonus Minimum to open Withdrawal notice More details
Promise Saver Issue 5 1.25% 1.25% 0.50% £500 30 Days More about this product

Our Promise Saver Issue 5 gives you the opportunity to earn an annual bonus every year and gives you an excellent return on your money.

  • A core interest rate of 0.75% AER† variable.
  • A bonus of 0.50% paid annually, if you make no more than 2 withdrawals per calendar year.
  • Closure and withdrawals permitted subject to 30 days' notice or loss of 30 days' gross* interest on the amount withdrawn.
  • Invest between £500 and £2,000,000.
  • Interest is calculated daily and you can choose to have your interest paid monthly or annually.
  • Apply in branch.  Once opened can be operated in branch or by post.

Children's Savings Accounts Children's Savings Accounts

Gross* AER† Includes bonus Minimum to open Withdrawal notice More details
Dylan's Regular Saver Bond Issue 5 3.00% 3.00% N/A £10 Not permitted More about this product

A child's savings account is a great way to give children a solid financial start in life and it doesn't take a lot to get into the habit of saving regularly.

  • Fixed interest rate for a 3 year term
  • Interest is calculated daily and paid annually on the anniversary of the account opening date
  • Invest from £10 to £150 per calendar month for a 3 year period
  • If a monthly investment is missed within any 12 month period you will receive the rate of interest paid on the Children's Account for the full 12 month period 
  • If you make a £150 cash investment into your Bond each month on the same date as the date your Bond was opened you will earn £255.12 gross* interest at Bond Maturity.
  • Closure permitted

 

Children's Account 0.90% 0.90% N/A £1 None More about this product

Our Children's Account is the ideal way to start saving for your child's future, because it makes saving both enjoyable and rewarding.

  • Variable interest rate
  • Account only available to persons under 18 years old. 
  • Minimum balance is £1. Maximum balance is £25,000.
  • Matures on the child's 18th birthday. On maturity the account will be transferred into Instant Access Savings Account (or equivalent).

* 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.

^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.

Savings Accounts

Whether you want to earn excellent returns on your savings, put money away for a dream holiday, teach your children how to save, save money for your retirement, a car or your first home, or earn tax-free interest on your annual Cash ISA allowance, Principality offer a range of savings accounts with flexible features and interest rates to suit your individual savings needs.

Fixed Term Savings and Bonds

Fixed Term savings and bonds offer competitive interest rates on secure investments for either a 2 or 5 year period.

Notice Accounts

Notice accounts offer higher interest rates in return for giving notice when you want to withdraw funds from your savings account.

ISAs

Individual savings accounts (ISA’s) can help you make the most of your annual Cash ISA allowance. ISA’s are tax-efficient savings accounts that enable you to earn tax-free interest on your annual Cash ISA allowance.

Children’s Savings Account

Our children’s savings accounts allow your children to save as much or as little as they like. Choose an account with unlimited deposits and withdrawals or a savings account with no withdrawals for the first year.

 

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.

This website is only for use in the UK and the products and services on it are only available to you if you are a UK resident.

Principality Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, reference number 155998.