5 Year Fixed Rate Cash ISA Annual InterestOur 5 Year Fixed Rate Cash ISA may be right for you if you have a lump sum to pay in and you don't need to take your money out for five years.
|Interest rate||Balance||Tax-free^ each year||AER†|
|Annual interest||£500 - £20,000||1.25%||1.25%|
|Monthly interest||£500 - £20,000||1.24%||1.25%|
- Open this ISA in branch, at an agency or online
- Pay in from £500 to £20,000 in the current tax year
- Transfer in existing ISAs
- Add more money to the ISA until it is taken off sale
- Choose to have the interest paid once a year or every month
- No withdrawals allowed before the end of the five-year term
- If you close or transfer the ISA early you must give up 360 days' interest
- We can stop accepting applications at any time
|What is the interest rate?||Fixed annual interest 1.25% Tax-free^ each year 1.25% AER†
Fixed monthly interest 1.24% Tax-free^ each year 1.25% AER†
(See the meanings of ‘Tax-free’ and ‘AER’ at the bottom of the page)
Interest is calculated each day on the money in the account and paid:
whichever you choose.
|Can Principality change the interest rate?||No, the rate is fixed for five years until the ISA matures (when the account comes to an end).|
|What would the estimated balance be after 60 months based on a £1,000 deposit?||£1,064.08
This is based on you choosing to have interest paid annually and added to your ISA, and not making any further payments into the account.
|How do I open and manage my account?||
|Can I withdraw money?||
Before you apply below, please read the 5 Year Fixed Rate ISA Issue 243 Terms & Conditions
If you are transferring previous years' ISA subscriptions, please enter your initial deposit as £500 on the application form. The application form will ask you whether you are making a transfer later in the process.
You can only invest in one Cash ISA per tax year.
- 5 Year Fixed Rate ISA Issue 243 Account Terms and Product Summary Information
- Savings Terms and Conditions
Please also read the following:
- 6th largest UK building society
- A mutual building society, owned by and run for the benefit of our 500,000 members
- Over 150 years experience
- Taking care of over £10 billion of our customers' assets
We are covered by the FSCS
Find out more about what it means for you.