Fixed Term Savings and Bonds

Fixed term savings and bonds tie up your money for a set period of time while earning competitive interest rates. Principality provides you with a choice of fixed term Bonds with interest rates that are calculated daily. Interest can be paid annually or monthly into a bank account of your choice. We have a range of Fixed Term Bonds that are easy to open and manage.

	Gross* p.a.	AER†	Includes bonus	Minimum to open	Withdrawal notice
1 Year Regular Saver Bond Issue 19	2.00%	2.00%	No	£20	Not permitted	More details
1 Year Fixed Rate Bond Issue 339	1.33%	1.33%	No	£500	Not permitted	More details
2 Year Fixed Rate Bond Issue 340	1.50%	1.50%	No	£500	Not permitted	More details

^ 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.

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