4 Year Fixed Rate Bond

Our 4 Year Fixed Rate Bond may be right for you if you have a lump sum to invest and can leave your investment untouched for 4 years.

  Interest rates Balance Gross p.a* AER†
Annual interest £500-£2,000,000 2.00% 2.00%
Monthly interest £500 - £2,000,000 1.98% 2.00%
  • Save online, in branch or by post
  • Save from £500 to £2 million
  • Interest is calculated on your daily balance and paid annually or monthly
  • Additional deposits permitted while the bond remains on sale
  • No withdrawals allowed before the end of the 4 year term
  • No closure permitted prior to maturity
  • Limited availability

Summary Box
  Summary Box
Account name 4 Year Fixed Rate Bond Issue 327
What is the interest rate?
AER†
Gross* p.a.
Fixed annual interest
2.00%
2.00%
Fixed monthly interest
2.00%
1.98%

Interest is calculated on your daily balance and paid annually on the anniversary of your bond opening, or monthly, paid one month after the date on which your bond is opened, and then monthly after that, depending on what you choose.
Can Principality change the interest rate? No, the rate on this bond is fixed for 4 years until maturity.
What would the estimated balance be after 48 months based on a £1,000 deposit? £1,082.43 (based on the assumption that you chose to have interest paid annually and added to your bond and that no further deposits were made).
How do I open and manage my account?
  • There is no minimum age to open this account. You must be a UK resident for tax purposes to open and operate this account.
  • Open your account in branch, agency or online. Existing customers who wish to transfer funds from their maturing Principality Fixed Term Bond to open this Account can do so in branch, agency, online or by post.
  • Minimum balance is £500, maximum balance is £2,000,000.
  • You have 5 business days from the account opening date in which to make your initial deposit. If you have not made your initial deposit in this time your account will be closed.
  • You can keep making deposits while the bond remains on sale.
  • The bond will mature after four years on the anniversary of opening.
  • Manage your bond in branch, agency, online or by post.
Can I withdraw money?
  • No, closure or withdrawals are not permitted prior to maturity.
  • We may allow you to close your bond during the fixed term at our absolute discretion in exceptional circumstances.
  • We will write to you before your bond matures to let you know what you can do with your balance.
  • If we don't receive any instructions from you before your bond matures, your balance will be transferred to our Instant Access Account or its nearest equivalent.
Calculate your savings

Savings calculator

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Before you apply below, please read the 4 Year Fixed Rate Bond Issue 327 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:


ISA Provider of the Year 2018

  • 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
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  • Gofalu am werth dros £8 biliwn o asedau ein cwsmeriaid

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