60 Day Notice Account
Like the name suggests, if you’re willing to give us 60 days’ notice before making a withdrawal, you’ll benefit from a better variable rate. Also available as a Cash ISA.
|Interest rate||Balance||Gross* p.a.||AER†|
|Variable annual||£500 - £2,000,000||1.10%||1.10%|
|Variable monthly||£500 - £2,000,000||1.09%||1.10%|
- Open in branch or agency
- Save from £500 to £2 million
- Interest is calculated on your daily balance and paid annually or monthly
- Withdraw your money at 60 days' notice or immediately with a loss of 60 days' gross* interest
- Summary box
- Calculate your savings
- Help & guidance
|Account Name||60 Day Notice Account|
|What is the interest rate?||
Interest is calculated on your daily balance and paid annually on 1 January every year or monthly on the first business day of each calendar month, depending on what you choose.
|Can Principality change the interest rate?||Yes, variable account rates could increase or decrease.
Customers will be given personal notification of any material reduction in Interest rates a minimum of 14 days before the change takes effect. To understand why rates may be reduced please refer to our Savings Terms and Conditions.
|What would the estimated balance be after 12 months based on a £1,000 deposit?||£1,011.00 (based on the assumption that no further deposits or withdrawals are made during the 12 months).|
|How do I open and manage my account?||
|Can I withdraw money?||Yes, all withdrawals from and closure of your account are subject to 60 days’ prior notice or loss of 60 days’ gross interest on the amount you withdraw if you do not give 60 days’ prior notice.|
- 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.
- The calculations assume interest is paid gross* of income tax on the entire balance on an annual basis
- 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 60 Day Notice Account 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:
- Basic information about the protection of your eligible deposits
- Electronic Verification Guide
- Tariff of Charges
Recommended Provider for Savings August 2017
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