Maturity 1 Year Fixed Rate Bond

This is a maturity product, it’s designed to reward you as one of our loyal savings Members, you will benefit from higher rates than the products on sale to new customers. Our Maturity 1 Year Fixed Rate Bond may be right for you if you have a lump sum to invest and can leave your investment untouched for 1 year.

  Interest Rate Balance Gross* AER†
Annual Interest £500 - £2,000,000 1.40% 1.40%
Monthly Interest £500 - £2,000,000 1.39% 1.40%
  • This product is only available to customers with a maturing Principality account
  • Apply online, in branch, agency or by post
  • Save from £500 to £2 million
  • Interest is calculated on your daily balance and paid at maturity or monthly
  • Additional deposits permitted up to 5 business days after the opening of the account
  • No withdrawals allowed before the end of the 1 year term
  • No closure permitted prior to maturity
  • This product can be withdrawn from sale at any time without notice. While the product remains on sale it is only available to you for 14 days after the date on which your existing Principality account matures
Summary Box
  Summary Box
Enw'r cyfrif Maturity 1 Year Fixed Rate Bond (FRB44)
Beth yw'r gyfradd llog?
AER†
Gross* p.a.
Fixed annual interest
1.40%
1.40%
Fixed monthly interest
1.40%
1.39%

Interest is calculated on your daily balance and paid on maturity or monthly, one month after the date on which your bond is opened, and then monthly after that, depending on what you choose.
A all y Principality newid y gyfradd llog? No, the rate on this bond is fixed for 1 year until maturity.
Beth fyddai'r balans amcangyfrifedig ar ôl 12 mis yn seiliedig ar adnau o £1,000? £1,014.00 (based on the assumption that you chose to have interest paid on maturity and added to your bond and that no further deposits were made).
Sut mae agored a rheoli fy nghyfrif?
  • This product is only available to customers with a maturing Principality fixed term account.
  • You can transfer funds from your maturing Principality account in branch, agency, online or by post.
  • Minimum balance is £500, maximum balance is £2,000,000
  • You can keep making deposits for up to 5 Business Days after opening the 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.
  • The bond will mature after one year on the anniversary of opening.
  • This product can be withdrawn from sale at any time without notice. While the product remains on sale it is only available to you for 14 days after the date on which your existing Principality account matures.
A gaf i godi arian?
  • 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.
Gwybodaeth ychwanegol
  • 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 www.gov.uk 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 20/08/19.

Before you apply below, please read the Maturity 1 Year Fixed Rate Bond (FRB44) 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.



  • 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 £8 biliwn o asedau ein cwsmeriaid

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