Thank You Saver

Our Thank You Saver has been designed to acknowledge the crucial role played by NHS workers and to thank them for their ongoing support within our communities.

  Net y fl. Balans Gros* y fl. AER†
variable £1 - £20,000 1.40% 1.40%
  • You must be employed directly by the NHS and reside in one of the following postcode areas: LL, SY, LD, SA, CF, NP, HR and CH 1 to 8 to open this account.
  • Open in branch or agency
  • The Account can be opened in joint names, but the offer is limited to one account per customer and the primary account holder must be employed directly by the NHS.
  • Save up to £250 a month
  • Minimum balance £1 
  • Maximum balance £20,000
  • Three withdrawals permitted per calendar year
Summary Box
  Blwch Crynodeb
Account Name Thank You Saver Issue 3
What is the interest rate? 1.40% Gross* p.a. / AER† (Variable)
Interest is calculated on your daily balance and paid annually on 1st 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 conditions 74-80 of our Savings Terms and Conditions.
What would the estimated balance be after 12 months based on a £3,000 deposit? £3,022.75 (based on the assumption of 12 monthly deposits of £250, the first being made on the date the account was opened and the remaining 11 on the same day each following calendar month, that no withdrawals are made and the rate does not change).
How do I open and manage my account?
  • You must be aged 16 or over, a UK resident for tax purposes, residing in one of the following postcode areas: LL, SY, LD, SA, CF, NP, HR and CH 1 to 8 and employed directly by the National Health Service (the “NHS”) to open and operate this Account. You will need to provide your residential postcode and present your NHS staff ID card in order to evidence eligibility for this account.
  • The Account can be opened in joint names, but the offer is limited to one account per customer and the primary account holder must be employed directly by the NHS.
  • Open your account in branch or agency.
  • Minimum balance is £1, and you can save up to £250 per calendar month, up to the maximum operating balance of £20,000. 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.
  • Multiple monthly deposits can be made, as long as you don’t exceed the maximum monthly deposit of £250.
  • Manage your account in branch, agency, post or online via secure message (subject to Your Account eligibility criteria, available when you click ‘Register’ at
Can I withdraw money? Yes, you can make three withdrawals per calendar year, subject to the minimum balance.

Closure is permitted and will count as a withdrawal, so if you have made three withdrawals in the calendar year you will have to wait until the next calendar year to close the account unless there has been a material reduction in the interest rate.
Additional Information
  • Service charges and costs may apply to your account. These are outlined in our Tariff of Charges.
  • If the total amount of interest you earn exceeds your Personal Savings Allowance then you may have to pay tax directly to HMRC. For more information visit and search ‘Personal Savings Allowance’.
  • 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 21/01/2021.
Calculate your savings

Savings calculator




  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). 

Putting money into your savings account Once you've opened your savings account, for most accounts you should pay money in within 5 business days. Click here for information on how you can do that.

  • 6ed cymdeithas adeiladu fwyaf y DU
  • Cymdeithas adeiladu gydfuddiannol, sy’n eiddo i’n 500,000 o aelodau ac yn cael ei rhedeg er eu lles
  • Dros 160 mlynedd o brofiad
  • Gofalu am werth dros £11 biliwn o asedau ein cwsmeriaid
  • Gall Aelodau fynd at dudalen Gwobrau Aelodau sy’n cynnwys cystadlaethau, gostyngiadau a mwy.

We are covered by the FSCS

Find out more about what it means for you.

Before you apply, please read the Thank You Saver Issue 3 Account Terms & Conditions

As you will be bound by the Account Terms and your 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.

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.

Cynnyrch a welwyd eisoes

New! Thank You Saver