Regular Saver Bond Issue 17 - Principality Building Society

Regular Saver Bond Issue 17

Principality Building Society
2 % AER
Headline Interest Rate
Regular Saver
FSCS
Compensation Scheme
£ 0 min monthly deposit
£ 500 max monthly deposit
  • Open By:

About the account

Account Type: Regular Saver
Headline Interest Rate: 2 % AER
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 20
Minimum Additional Deposit: £ 20
Maximum Monthly Deposit: £ 500
Date account was introduced: 15 Dec 2017

This account may be appropriate for you if

  • You are happy not withdrawing funds before the end of the term
  • You are over 16 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£202.00%2.00%2.00%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: maturity
Statement Frequency: annually
Additional Deposits: Allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: No withdrawals permitted during the term of the account. Closure is permitted subject to loss of interest penalty.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: Withdrawals are not permitted.
Transferred on Maturity: This account matures into an Instant Access account.

Conditions

Trustee Types: This product can be opened, in trust, by an adult for a child. If opened on a trust basis, there can be a minimum of 1 trustee and maximum of 4 trustees and only one beneficiary (child).
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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Customer ratings