If convenience and flexibility are important to you, and you are comfortable using a computer, our Web Saver may be right for you.
|Interest rate||Balance||Gross* p.a.||AER†|
|Variable||£1 - £250,000||1.20%||1.20%|
- Open online
- Save from £1 to £250,000
- Interest is calculated on your daily balance and paid annually into your account
- Transfer money to your linked account whenever you need it
- Unlimited withdrawals and closure permitted
- Summary box
- Calculate your savings
- Help & guidance
|Account name||Web Saver|
|What is the interest rate?||1.20% Gross* p.a. / AER† (Variable)
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 our Savings Terms and Conditions.
|What would the estimated balance be after 12 months based on a £1,000 deposit?||£1,012 (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, you do not have to give notice to make a withdrawal or close your account.|
- 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 Web Saver Terms & Conditions
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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- A mutual building society, owned by and run for the benefit of our 500,000 members
- Over 150 years experience
- Taking care of over £9 billion of our customers' assets
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