We are updating our Savings Terms and Conditions

Effective from 1st July 2020, we are making the following updates: 

• Clause 1 - we are updating how long you have to fund your new account 
• Clause 44 - we are updating our cheque withdrawal process 
• Account Special Term 1 – we are clarifying the criteria for who can open accounts
• Signatory Term 13 - we are updating the deceased signatory process on signatory accounts

Click here to view the new terms and conditions

Everyday Savings

Everyday savings accounts are a quick and easy way to manage your money on a daily basis. Principality offer easy access everyday savings accounts with a range of features and benefits designed to help you achieve your savings goals.

  • You need to access your savings
  • You want to save regularly and don't mind a variable interest rate.
  • You're happy locking your savings up over a long period of time
  • You want a fixed interest rate.
  Gross* p.a. AER† Includes bonus Minimum to open Withdrawal notice  
Web Saver Issue 2 0.65% 0.65% No £1 None More Info
First Home Steps Account Issue 2 0.80% 0.80% No £1 None More Info
Triple Access Saver Issue 2 0.35% 0.35% No £1 None More Info
Easy Saver 0.25% 0.25% No £500 None More Info
Instant Access Account 0.10% 0.10% No £1 None More Info

^ Tax-free means the interest you earn is exempt from UK Income Tax and Capital Gains Tax. Tax treatment depends on your individual circumstances and may not be maintained in future.

* Gross is the contractual rate of interest payable before the deduction of income tax at the rate specified by law.

† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and compounded once each year.

FSCSWe are covered by the Financial Services Compensation Scheme. Find out more about what it means for you.

  • 6th largest UK building society
  • A mutual building society, owned by and run for the benefit of our 500,000 members
  • Over 160 years' experience
  • Taking care of over £10 billion of our customers' assets
  • Members can access a Member Rewards page featuring competitions, discounts and more.

Principality. Where home matters.