60 Day Notice Account
Notice accounts usually offer a higher interest rate than easy access accounts, without locking your money away for too long a period of time. To make a withdrawal you need to give notice. But if there's an emergency and you need your funds immediately, you can make a withdrawal straight away, at the expense of some interest.
|Interest rate||Balance||Gross* p.a.||AER†|
|Variable annual||£500 - £2,000,000||1.20%||1.20%|
|Variable monthly||£500 - £2,000,000||1.19%||1.20%|
- Open in branch or agency
- Save from £500 to £2 million
- Interest is calculated on your daily balance and paid annually or monthly
- Withdraw your money at 60 days' notice or immediately with a loss of 60 days' gross* interest
- Summary box
- Calculate your savings
- Help & guidance
|Account Name||60 Day Notice Account Issue 2|
|What is the interest rate?||
Interest is calculated on your daily balance and paid annually on 1 January every year or monthly on the first business day of each calendar month, depending on what you choose.
|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 conditions 74-80 of our Savings Terms and Conditions.
|What would the estimated balance be after 12 months based on a £1,000 deposit?||£1,012.00 (based on the assumption that no further deposits or withdrawals are made during the 12 months).|
|How do I open and manage my account?||
|Can I withdraw money?||Yes, all withdrawals from and closure of your account are subject to 60 days’ prior notice or loss of 60 days’ gross interest on the amount you withdraw if you do not give 60 days’ prior notice.|
- 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 60 Day Notice Account Issue 2 Account Terms & Conditions
- Savings Terms and Conditions
- 60 Day Notice Account Issue 2 Account Terms and Summary Information
We recommend that you print and keep a copy of these terms and conditions for your records.
Please also read the following:
- Basic information about the protection of your eligible deposits
- Electronic Verification Guide
- Tariff of Charges
- Your Information
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