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Principality BS gets itself noticed

Principality BS gets itself noticed

Category: Savings

Updated: 19/10/2010
First Published: 19/10/2010

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 It is now over 6 months old so the content may be out of date.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 Building Society has made a successful savings foray into the notice account market.

Paying a rate of 2.60% yearly (2.57% monthly), its new 60 Day Direct account sits just below the best 60 day notice accounts currently available.

A minimum investment of £1K is necessary to open the account, but earlier access is allowed on 60 days' loss of interest.

However, with the rate including a 1.00% bonus for 12 months, a review will be required after a year to check whether the account remains competitive.

Ideal for those who are happy to conduct their affairs by post, this account earns four out of five Moneyfacts stars.

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