60 Day Notice Cash ISA

	Summary Box
Account name	Easy Cash ISA
What is the interest rate?	0.25% Tax-free^ p.a. / AER† (Variable) Interest is calculated on your daily balance and paid annually on 6 April every year (or the next business day).
Can Principality change the interest rates?	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?	£1,002.50 (based on the assumption that no further deposits or withdrawals are made during the 12 months).
How do I open and manage my account?	You must be aged 16 or over, a UK resident for tax purposes and an individual applicant to open and operate this account. Open your account in branch or agency. Minimum balance is £500 and you can save up to the current annual Cash ISA limit of £20,000 (plus transfers-in of existing ISA balances) in this tax year. You need to keep the minimum balance in your account for it to remain open. Manage your account in branch, agency, post or online via secure message (subject to Your Account eligibility criteria, available when you click ‘Register Now’ at www.principality.co.uk/register).
Can I withdraw money?	Yes, you do not have to give notice to close your account or make a withdrawal. This is a flexible ISA. This means you’ll be able to take money out of it and replace that money before the end of the same tax year, without the replacement contributing any further towards your annual ISA allowance.
Additional information	Service charges and costs may apply to your account. These are outlined in our Tariff of Charges. In certain circumstances we may refuse an instruction to operate an account. These circumstances are outlined in the Savings Terms and Conditions. Rates correct as at 06/04/2021.

	Interest rate	Balance	Tax-free^ p.a.	AER†
	Variable	£500 - £20,000	0.25%	0.25%

	Summary Box
Account Name	60 Day Notice Account Issue 2
What is the interest rate?	AER† Gross* p.a. Annual interest 1.20% 1.20% Monthly interest 1.20% 1.19% 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?	You must be aged 16 or over. You must be a UK resident for tax purposes to open and operate this account. Open your account in branch or agency. Existing customers who wish to transfer funds from their maturing Principality Fixed Term Bond to open this Account can do so in branch, agency or by post. Minimum balance is £500, maximum balance is £2,000,000. The minimum balance must be maintained to operate the account. Manage your account in branch, agency, post or online via secure message (subject to Your Account eligibility criteria, available when you click ‘Register Now’ at www.principality.co.uk/register).
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.
Additional information	Service charges and costs may apply to your account. These are outlined in our Tariff of Charges. If the total amount of interest you earn exceeds your Personal Savings Allowance then you may have to pay tax directly to HMRC. For more information visit www.gov.uk and search ‘Personal Savings Allowance’. In certain circumstances we may refuse an instruction to operate an account. These circumstances are outlined in the Savings Terms and Conditions. Rates correct as at 12/11/2019.

^ Tax-free means the interest you earn is exempt from UK Income Tax and Capital Gains Tax. Tax treatment depends on your individual circumstances and may not be maintained in future.

† AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and compounded once each year.

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Taking care of over £11 billion of our customers' assets

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