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Principality’s St David’s Day special and new ISA

Principality’s St David’s Day special and new ISA

Category: Savings

Updated: 02/03/2011
First Published: 23/02/2009

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 It is now over 6 months old so the content may be out of date.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 launched a one year fixed rate regular savings account to celebrate St David's Day. To take advantage of the competitive 4.50% rate, savers must invest a minimum of £20 a month, with the maximum amount set at £500.

Clients must ensure they will not require access to the funds for a year, as early closure results in bottom tier of instant access account interest being paid.

Principality BS has also re-entered the fixed rate ISA market with a two year account for the 2008/09 tax year. Boasting a market leading rate of 3.30 % per annum, it is likely to prove popular with those who have yet to invest in an ISA for the current year.

Additions are permitted until 4 April 2009, allowing customers to maximise returns on their full ISA allowance for the full financial year. Early closure is allowed, although a heavy penalty will be incurred.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.