Principality BS unwraps savings gift - Savings - News - Moneyfacts


Principality BS unwraps savings gift

Principality BS unwraps savings gift

Category: Savings

Updated: 21/11/2011
First Published: 21/11/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Principality BS has made a welcome addition to its savings range with the launch of a festive fixed rate account.

Aimed at helping people save for next year's presents, the Christmas Regular Saver Bond pays 5.01%, one of the top rates in the regular savings market.

Although the bond matures on 29 November 2012, it is possible to access anything saved early, albeit with the account having to be closed and a hefty amount of interest being lost.

The minimum monthly payment is £20, but this can be amended at any time up to the maximum amount of £300 per month.

Four out of five Moneyfacts stars are a fitting gift.

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