Maturity Limited Access Cash ISA (Issue 4)

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• You can only open this account if you have a Principality fixed term account coming to the end of its fixed term
• Open this ISA in branch, at an agency, by post or online
• Pay in from £500 to £20,000 in the current tax year
• Transfer in existing ISAs
• Interest is paid each year on 6th April
• You can take money out once every tax year
• Enjoy the benefit of this being a flexible ISA
• You can close or transfer this ISA at any time
• We can stop accepting applications at any time. While it remains available you can only open it within 14 days of the date your existing Principality fixed term account comes to an end

• Blwch Crynodeb
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Blwch Crynodeb

	Blwch Crynodeb
Beth yw'r gyfradd llog?	0.65% Tax-free^ each year/AER† (Variable) (See the meanings of 'Tax-free' and 'AER' at the bottom of this page) Interest is calculated each day on the money in the account and paid on 6th April every year.
A all y Principality newid y gyfradd llog?	Yes, variable interest rates can go up or down. If you have £100 or more in the account, we will give notice of any reduction in interest rates at least 14 days before the change takes effect. For more information, see the section Changes to interest rates in our Savings Terms and Conditions.
Beth fyddai'r balans amcangyfrifedig ar ôl 12 mis yn seiliedig ar adnau o £1,000?	£1,006.50 This is based on no further money being put in or taken out of the account and no change to the interest rate.
Sut ydw i’n agor a rheoli fy nghyfrif?	You must be a Principality customer with a savings account coming to the end of its fixed term (maturing). You must be 16 or over and a UK resident (see your Maturity Limited Access Cash ISA account terms). You can move money from your maturing Principality account in branch, at an agency, by post or online. You must keep at least £500 (the minimum balance) in the account. If your ISA reaches £20,000 during the 2022/2023 tax year you cannot pay any more money in. You cannot pay in more than the ISA Allowance each year. You can transfer unlimited amounts from ISAs from previous tax years, as these are not part of your current year’s ISA allowance. You can manage the account in branch, at an agency, by post, or by using the online service Your Account at www.principality.co.uk. We can stop accepting new applications for this account at any time. You can open the account up to 14 days after the date your existing Principality account matures unless we remove it from sale.
A gaf i godi arian?	Yes, you can make one withdrawal from your ISA every tax year. You can close or transfer your ISA at any time without losing interest. This is a flexible ISA. This means you’ll be able to take money out of it and replace that money before the end of the same tax year, without the replacement contributing to your annual ISA allowance.
Gwybodaeth ychwanegol	Service charges and costs may apply to the account. These are set out in our Tariff of Charges. In certain circumstances we may refuse an instruction for using an account. These circumstances are set out in our Savings Terms and Conditions. The tax treatment of your savings depends on your individual circumstances and may change in future. This is set by HM Revenue and Customs (HMRC). The interest rates quoted above were correct on 14/04/2022.

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

Contact us If you would like to speak someone for help give us a quick call. 

Before you apply, please read the Maturity Limited Access Cash ISA (Issue 4) Terms & Conditions 

You can only invest in one Cash ISA per tax year.

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.

• Maturity Limited Access Cash ISA Issue 4 Account Terms and Summary 
• Savings Terms and Conditions
• Privacy Policy 

Please also read the following:

• Basic information about the protection of your eligible deposits
• Electronic Verification Guide
• Tariff of Charges
• Your Information

^ Tax-free means UK Income Tax and Capital Gains Tax is not deducted from the interest you earn. This depends on your individual circumstances, and may change in future.

† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid once each year on the whole balance, including previous interest payments.

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