Maturity Limited Access
This is a maturity product, it’s designed to reward you as one of our loyal savings Members, you will benefit from higher rates than the products on sale to new customers.
|Interest Rate||Balance||Gross* p.a.||AER†|
|Variable Annual||£500 - £2,000,000||0.45%||0.45%|
- This product is only available to customers with a maturing Principality account
- Apply in branch, agency or by post
- Save from £500 to £2 million
- Interest is calculated on your daily balance and paid annually
- One withdrawal permitted per calendar year
- Closure permitted but counts as a withdrawal
- This product can be withdrawn from sale at any time without notice. While the product remains on sale it is only available to you for 14 days after the date on which your existing Principality account matures
- Summary Box
- Help & guidance
|Account Name||Maturity Limited Access Issue 2|
|What is the interest rate?||
Interest is calculated on your daily balance and paid annually on 1 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 conditions 74-80 of our Savings Terms and Conditions.
|What would the estimated balance be after 12 months based on a £1,000 deposit?||£1,004.50 (based on the assumption that you chose to have interest paid annually and added to your account and that no further deposits or withdrawals are made during the 12 months)|
|How do I open and manage my account?||
|Can I withdraw money?||
Before you apply below, please read the Maturity Limited Access Issue 2 Terms & Conditions
- Maturity Limited Access Issue 2 Account Terms and Product Summary Information
- Savings Terms and Conditions
We recommend that you print and keep a copy of these terms and conditions for your records.
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 £8 billion of our customers' assets
We are covered by the FSCS
Find out more about what it means for you.