If convenience and flexibility are important to you, and you are comfortable using a computer, our Online Saver may be right for you.
|Interest rate||Balance||Gross* p.a.||AER†|
|Variable - with bonus||£1 - £250,000||1.38%||1.38%|
|Variable - without bonus||£1 - £250,000||1.18%||1.18%|
- You will earn the interest rate with bonus for the first 12 months, after which the interest rate will revert to the rate without bonus.
- Open online
- Save from £1 to £250,000
- Interest is calculated on your daily balance and paid annually into your account
- Transfer money to your linked account whenever you need it
- Unlimited withdrawals and closure permitted
- This account cannot be held in joint names
- Summary box
- Calculate your savings
- Help & guidance
Please read the summary box below before continuing on to apply
|Account name||Online Saver Issue 2|
|What is the interest rate?||
Gross* p.a./ AER† (Variable)
Interest rate without bonus
Interest rate with bonus (includes a bonus of 0.20%)
You will earn the interest rate with bonus for the first 12 months, after which the interest rate will revert to the rate without bonus. 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 condition 74-80 of our Savings Terms and Conditions.
|What would the estimated balance be after 12 months based on a £1,000 deposit?||£1,013.80 with bonus
£1,011.80 without bonus
(based on the assumption that no further deposits or withdrawals are made during the 12 months and the rate does not change).
|How do I open and manage my account?||
|Can I withdraw money?||Yes, you do not have to give notice to make a withdrawal or close your account.|
- 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).
Before you apply below, please read the Online Saver Terms & Conditions
- Savings Terms and Conditions
- Online Saver 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
Please Note: If you are an existing eSaver or Web Saver customer and want to open an Online Saver account and transfer your existing balance to it, then please send us a secure message via Your Account using the message option to ‘Switch this account’ and we will transfer your existing balance without the need to open a new account
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