English

Learner Earner

Dim ond mewn cangen neu asiantaeth y gellir agor ein Cyfrif Dysgu Cynilo. Rydym wedi ei sefydlu fel hyn gan ei fod wedi ei gynllunio i helpu plant i ddysgu pam y dylent gynilo, drwy gyfrwng pecynnau gweithgareddau hwyliog, llyfr stori a sticeri, cadw-mi-gei, a'r profiad o ymweld â'u cangen leol yn rheolaidd i adneuo arian.

2.35% Gros* y fl. / AER† (Amrywiol) Trefnu apwyntiad
  • Due to the latest government guidance, from Monday 26th October to the 8th November, we will be unable to conduct any branch appointments for savings account openings in Wales.
  • Dim ond ar y cyd ag oedolyn dros 18 oed y gellir agor y cyfrif hwn
  • Dim ond fel llofnodwr y gellir agor Cyfrifon Dysgu Cynilo i blant, cliciwch yma i gael rhagor o wybodaeth
  • Cynilo mewn cangen, asiantaeth, neu drwy'r post
  • Cynilwch hyd at £250 y mis fesul cyfrif
  • Lleiafswm y buddsoddiad cychwynnol yw £1, uchafswm y balans yw £20,000 fesul cyfrif
  • Cyfrifir llog ar eich balans yn ddyddiol a chaiff ei dalu yn flynyddol
  • Caniateir adneuon lluosog hyd at yr uchafswm misol
  • Caniateir codi arian dair gwaith bob blwyddyn galendr
  • Yr uchafswm oedran ar gyfer y plentyn sy'n agor y Cyfrif hwn yw 17, isafswm oedran yr oedolyn yw 18
  • Ar gael yn gyfyngedig
  Cyfraddau llog Balans Gros* y fl. AER†
Variable £1 - £20,000 2.35% 2.35%
Blwch Crynodeb
  Blwch Crynodeb
Account Name Learner Earner Issue 3
What is the interest rate? 2.35% Gross* p.a. / AER† (Variable)

Interest is calculated on the daily balance and paid annually on the 1 January every year.
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 £3,000 deposit? £3,038.19 (based on 12 monthly deposits of £250, the first being made at account opening and the remaining 11 on the same day each calendar month, and on the assumption that no withdrawals are made).
Sut ydw i’n agor a rheoli fy nghyfrif?
  • This Account can only be opened by an Adult(s) aged over 18, in conjunction with a Child aged under 18. Two accounts must be opened initially, one for the Adult(s) and one for the Child. Subsequent accounts for other children can be opened by the Adult account holder. The Adult must be the parent, grandparent, close relative or legal guardian of the Child(ren).
  • Accounts opened for under 14’s must be opened on a signatory basis.
  • Adult(s) Accounts can be opened in sole or joint names, the Child’s Account can only be opened in the sole name of the Child.
  • Account holders must be a UK resident for tax purposes.
  • This account is limited to one per customer of any issue number. If you already have a Learner Earner, you will not be able to open this account. If you open this account, you will not be able to open another Learner Earner.
  • Open your account in branch or agency.
  • Multiple deposits can be made up to the maximum monthly deposit of £250.
  • Minimum balance per account is £1, the overall maximum balance per account is £20,000. The minimum balance must be maintained to operate the account. If the maximum balance is reached, only accrued interest can be added to the account.
  • You are not obliged to pay into the account every month.
  • Manage your account in branch, agency or by post.
A gaf i godi arian?
  • Yes, you can make up to 3 withdrawals per calendar year.
  • Closure is permitted but counts as a withdrawal.
  • If the Child's account is closed or a withdrawal is made it must be on the Child's behalf and for the Child's benefit.
Gwybodaeth ychwanegol
  • Service charges and costs may apply to your account. These are outlined in our Tariff of Charges.
  • In certain circumstances we may refuse an instruction to operate an account. These circumstances are outlined in the Savings Terms and Conditions.
  • Rates correct as at 11/05/2020.

Before you apply, please read the Learner Earner Issue 3 Terms & Conditions

As the adult, signatory and child  will be bound by the Account Terms of the account and their information is held in accordance with our privacy policy, you should read, print and save the below documents for your records. If you have any queries relating to them, 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:

^ Mae di-dreth yn golygu na fydd yn rhaid ichi dalu Treth Incwm y DU na Threth ar Enillion Cyfalaf ar y llog byddwch yn ei ennill. Mae’r system dreth yn dibynnu ar eich amgylchiadau unigol; mae’n bosibl na fydd yn cael ei chynnal yn y dyfodol.

* Gros yw’r gyfradd llog sy’n daladwy yn ôl y contract cyn tynnu treth incwm yn unol â’r gyfradd a ddynodir gan y gyfraith.

† Ystyr AER yw Annual Equivalent Rate (Cyfradd Gyfwerth Flynyddol) ac mae’n dangos faint fyddai’r gyfradd llog pe byddai’r llog yn cael ei dalu a’i adlogi unwaith y flwyddyn.

Cyfrifo eich cynilion

Savings calculator

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  1. 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.
  2. The calculations assume interest is paid gross* of income tax on the entire balance on an annual basis
  3. 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). 

Cymorth a chanllawiau

Guides Read more for top tips on saving and answers to your savings and ISA questions.

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Learner Earner Issue 3