Tracker Savings Accounts

Tracker Savings accounts offer you a variable rate of interest. Often, the interest rate is linked to the Bank of England Bank Rate (Base Rate) plus an additional percentage throughout the period. This means that the interest rate can move up and down. Here at Principality, we offer a Tracker Saver, which has a range of features to help you achieve your savings goals.

  • You want a variable rate of interest which could go up or down in line with any Base Rate changes.
  • You won't need access to your money more than once a year.
  • You want to save regularly.
  • You want certainty your interest rate will not decrease. 
  • You want a fixed interest rate.
  • You need access to your money more than once a year. 
  Gross* p.a. AER† Minimum to open Withdrawal notice  
Tracker Saver 0.90% 0.90% £500 None More details

^ 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 not be maintained in future.

* 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.

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