Online Double Access Issue 2
Our Online Double Access account may be right for you if you want to manage your account online, save when it suits you, and like the comfort of knowing you can take money out up to two times each calendar year.
Interest rate | Balance | Gross* each year | AER† | |
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Variable | £1 - £1,000,000 | 4.85% | 4.85% |
- Open online
- Pay in from £1 to £1,000,000
- Interest is paid each year on 1 January
- You can take money out twice every calendar year
- You can close this account at any time but closure counts as a withdrawal
- We can stop accepting applications at any time
- Summary box
- Help & guidance
Summary Box | |
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What is the interest rate? | 4.85% Gross* / AER† (Variable) each year (See the meanings of ‘Gross’ and ‘AER’ below this summary box.) Interest is calculated each day on the money in the account and paid on 1st January every year. |
Can Principality change the interest rate? |
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What would the estimated balance be after 12 months based on a £1,000 deposit? | £1,048.50 This is based on no further money being put in or taken out of the account and no change to the interest rate. |
How do I open and manage my account? |
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Can I withdraw money? |
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Additional Information |
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Before you apply below, please read the Online Double Access (Issue 2) Terms & Conditions
As you will be bound by the Account Terms and your information is held in accordance with our privacy policy, you should read, print and save the below documents for your records. If you have any queries relating to them please contact us for further information.
- Online Double Access (Issue 2) Account Terms and Product Summary Information
- Savings Terms and Conditions
- Privacy Policy
Please also read the following:
- Basic information about the protection of your eligible deposits
- Electronic Verification Guide
- Tariff of Charges
- Your Information

Putting money into your savings account Once you've opened your savings account, for most accounts you should pay money in within 5 business days. Click here for information on how you can do that.