Principality BS makes fixed rate savings switch - Savings - News |

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Principality BS makes fixed rate savings switch

Principality BS makes fixed rate savings switch

Category: Savings

Updated: 17/02/2011
First Published: 17/02/2011

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 It is now over 6 months old so the content may be out of date.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 switch for the better for savers by replacing its four year fixed rate bond with a market leading five year deal.

Paying 4.85%, the bond requires a minimum investment of £500 and offers the flexibility of allowing additional investments while the issue remains open.

The account can also be closed early, albeit with a hefty 360 days' interest penalty.

Four out of five Moneyfacts stars are well deserved.

Find the best savings rates for you - Compare savings accounts

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