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||1.65%||1.65%|
- 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
- Calculate your savings
- Help & guidance
|Account Name||Thank You Saver (Issue 2)|
|What is the interest rate?||1.65% 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?||£3,026.81 (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?||
|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.
- 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).
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.
Pam y Principality?
- 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 150 mlynedd o brofiad
- Gofalu am werth dros £10 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 2) Account Terms & Conditions
- Savings Terms and Conditions
- Thank You Saver (Issue 2) Account Terms and Product Summary Information
Please also read the following:
- Basic information about the protection of your eligible deposits
- Electronic Verification Guide
- Tariff of Charges
- Your Information
^ 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.