Principality Building Society Monthly Saver Account
Compare the Principality Building Society Monthly Saver Account with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare Principality Building Society Monthly Saver Account details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Principality Building Society www.principality.co.uk | ||
| Product: | Monthly Saver Account | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Regular Saver | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 5.05% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | no | ||
| Minimum Age: | Minimum age is 16 years. | ||
| Restricted Availability: | Regular monthly payments must be made into this account. The minimum monthly credit is £20. The maximum monthly credit is £1000. | ||
| Area Restrictions: | There are no area restrictions | ||
| Minimum Investment: | Minimum investment of £20. | ||
| Maximum Investment: | The maximum investment is £120000. | ||
| Minimum Balance: | The minimum balance is £1. | ||
| Monthly Minimum: | The monthly minimum is £20. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | There are no free gifts or incentives offered by the company. | ||
| Rates | |||
| Tax Free: | This product is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £1 5.05% 5.05% 5.05% | ||
| Interest Payment Freq: | Interest is paid annually. | ||
| Managing Account | |||
| Passbook: | A passbook is provided. | ||
| Transactions at Branch: | Transactions cannot be made at a branch | ||
| Statement Frequency: | Statements are issued annually. | ||
| Transactions by Phone: | Transactions cannot be made by telephone. | ||
| Transactions by Internet: | Transactions cannot be made via the internet. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | 1 withdrawal is allowed per year. If further wdls are made the rate will reduce to the bottom tier of Instant Access Account for a 12 month period. | ||
| Withdrawal Conditions: | Withdrawal Conditions - One withdrawal is allowed per annum. If any further withdrawals are made the interest rate will reduce to the bottom tier of Instant Access Account for the full 12 month period. If the account is closed, this will be treated as a withdrawal and the interest rate payable for the full 12 month period will be equivalent to that on the bottom tier of the Instant Access account. | ||
| Fees & Charges | |||
| Withdrawal Notice: | Notice is not required for withdrawals. | ||
| Withdrawal Penalty: | There is no withdrawal penalty. | ||
| Withdrawal Charge: | One withdrawal is allowed per annum. If any further withdrawals are made the interest rate will reduce to the bottom tier of Instant Access Account for the full 12 month period | ||
| W/d Notice/Penalty/Charge: | One withdrawal is allowed per annum. If any further withdrawals are made the interest rate will reduce to the bottom tier of Instant Access Account for the full 12 month period. | ||
| Compare | |||
| Products: | www.principality.co.uk Savings | ||
