1 Year Triple Access Regular Saver Savings Account

5.40% Gross* each year/AER† (Variable) 

We work out the interest on the money in the account daily and pay it into the account on 1 January each year. 

Yes, variable interest rates can go up or down. 

If you have £100 or more in the account, we will give you notice of any reduction in interest rates at least 14 days before the change takes effect. 

For more information, see the section Changes to Interest rates in our Savings Terms and Conditions. 

£617.46

This is based on: 

• You paying in £50 a month for 12 months.
• You making the first payment on the date the account was opened.
• No money being taken out of the account. 
• No change to the interest rate. 

This calculation is for guidance only, to show you what a future balance could look like. It does not consider your individual circumstances. 

• You must be 16 or over and be a UK resident (see your 1 Year Triple Access Regular Saver account terms). 
• This can be a joint account unless it was opened online. 
• Accounts opened online cannot be joint accounts.  
• You can't have more than one 1 Year Triple Access Regular Saver in your name. 
• You can open the account in branch, at an agency or online. 
• If you open the account online you have to link the account to a current account in your name with another UK bank or building society in order to move money when you need it. You must manage your account using a secure online profile with Principality.
• If you open the account in branch you can manage the account in branch, at an agency, by post or using a secure online profile with Principality. 
• You must keep at least £1 (the minimum balance) in the account. 
• You do not have to make payments into the account every month. 
• The most you can pay in each month is £50, in one or more payments. 
• If your account reaches £600.00, you cannot pay anymore money in. 
• The account will come to an end (mature) after 1 year, on the anniversary of the account opening. 

Yes, you can make 3 withdrawals from the account every calendar year. Closing the account counts as a withdrawal. 

On the 1st anniversary of opening the account, we will move your money to an easy access account available at the time. 

Service charges and costs may apply to your account. These are set out in our Tariff of Charges. 

If the total amount of interest you earn is more than your tax-free Personal Savings Allowance, you may have to pay tax directly to HM Revenue and Customs (HMRC). For more information, visit gov.uk.

In certain circumstances we may refuse an instruction for using an account. These circumstances are set out in our Savings Terms and Conditions. 

The interest rates quoted above were correct on 13/03/2025.