from 33 ratings
33 customers rated their Principality Building Society savings as 4.5 out of 5 in our Consumer Finance Awards and Reviews.
Customer Service
Flexibility & Fairness
Product Features
Value For Money
Principality is a mutual building society that offers a range of savings products that can earn interest on your money. They have accounts to cover most needs; instant access for flexibility, fixed rate bonds for higher interest rates and a guaranteed return, ISAs for tax free savings, and online products that allow you to manage you accounts from home. They also offer kids accounts that allow you to save for your child's future.
Principality Building Society 3 Year Dylan's Children's Regular Saver Bond Iss 5
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Regular Saver£10.003% fixed
for 3 years
on £10+
FSCSBranch & Post
Principality Building Society 5 Year Fixed Rate Bond Issue 252
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.002.2% fixed
for 5 years
on £500+
FSCSOnline, Branch & Post
Principality Building Society 5 Year Fixed Rate Cash ISA Issue 134
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£500.002.2% fixed
for 5 years
on £500+
FSCSOnline, Branch & Post
Principality Building Society Regular Saver Bond Issue 15
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Regular Saver£20.002% fixed
for 1 year
on £20+
FSCSOnline, Branch & Post
Principality Building Society 3 Year Fixed Rate Bond Issue 251
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.001.9% fixed
for 3 years
on £500+
FSCSOnline, Branch & Post
Principality Building Society 3 Year Fixed Rate Cash ISA Issue 133
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£500.001.9% fixed
for 3 years
on £500+
FSCSOnline, Branch & Post
Principality Building Society 2 Year Fixed Rate Bond Issue 248
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.001.7% fixed
for 2 years
on £500+
FSCSOnline, Branch & Post
Principality Building Society 2 Year Fixed Rate Cash ISA Issue 130
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£500.001.7% fixed
for 2 years
on £500+
FSCSOnline, Branch & Post
Principality Building Society 1 Year Fixed Rate Bond Issue 250
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£500.001.4% fixed
for 1 year
on £500+
FSCSOnline, Branch & Post
Principality Building Society Promise ISA Issue 6
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£500.001.25% variable
on £500+
FSCSBranch
Available in branch only.
Principality Building Society e-ISA Issue 8
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£1.001.2% variable
on £1+
FSCSOnline
Principality Building Society e-Saver Issue 11
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Easy Access£1.001% variable
on £1+
FSCSOnline
Principality Building Society Children's Account
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£1.000.9% variable
on £1+
FSCSBranch & Post
Principality Building Society 9 Month Fixed Rate Bond
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Fixed Bond£5,0000.75% fixed
for 9 months
FSCS-
Principality Building Society Cash ISA
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Cash ISA£1.000.6% variable
on £1+
FSCSBranch & Post
Principality Building Society Instant Access Savings Account
Account TypeOpen WithInterest Rate (AER)Protection SchemeOpen Account
Instant Access£1.000.1% variable
on £1+
FSCSBranch & Post

We provide an independent comparison service free of charge but we may receive a commission from some of the companies we refer you to. These are indicated with purple buttons.

Principality Building Society Savings Reviews

Savings book - good way to save

by cat_715, 1 month ago
Savings book
unsure of rates
Recommended by cat_715

It is good to have a savings account that is in a book as you can see your balance increasing and makes you want to save more and less easy to take the money out, unlike online savers. I have always had a bank account since my nan set one up with the principality for me. It is probably not the best rate I could get and it is a 7 day notice account so you have to plan when you need your money otherwise you lose the interest for those days but it is good account to have.

Customer Service:
Excellent
Flexibility & Fairness:
Good, I'm happy
Product Features:
Average, could be better
Value For Money:
Good, I'm happy


Best rates and best service

by Dannyboi, 1 month ago
friendly. competitive. convenient.
Recommended by Dannyboi

I've been with principality since my parents opened an account for me over 30 years ago. i also have my mortage with them. they have also been the most competeitive with rates. The staff are always so helpfull and friendly. I couldn't imagine going anywhere else to be honest. they are constatly being given awards for both their prices and service

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Local feel and local knowledge

by rhian56, 1 month ago
Recommended by rhian56

Local branches where you are made to feel as an individual remembered by staff. You don't feel like you are constantly being sold too despite being offered alternative products. Helpful staff with good knowledge of the products and services offered.

The product itself suits my needs by allowing me East access to my savings when needed.

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Principality Building Society regular savers - great rates & service

by Jeni, 29 Feb 2012
Great interest rates
Recommended by Jeni

Principality Building Society offer regular savers every now and then. They always have an interest rate that is at the top of the market... two that I took out at the end of 2011 both offered 5% interest. You do not have to be a resident of Wales to take out the products. The accounts can be opened by post; just call a branch and have them send you the forms.

You can have more than one, as long as each is a different product (i.e. Christmas Regular Saver and Local Hero Regular Saver). The amount you save can be varied every month, within the minimum & maximum allowed.

Before the account matures, they send you a maturity instruction form to return. If you don't return it in time, the money goes into an instant access account. Although they charge a fee for sending the matured funds via BACS, there is no fee to have a cheque issued, and they are very prompt issuing it (my last cheque arrived the day after the account matured).

Staff are always very friendly and helpful on the phone.

I would highly recommend Principality Building Society, especially their regular savers.

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Principality Building society

by walke74, 28 Jun 2013
Recommended by walke74

I use it because it's local, I can talk to someone face to face and this building society supports local community interests in wales

Customer Service:
Good, I'm happy
Flexibility & Fairness:
Good, I'm happy
Product Features:
Good, I'm happy
Value For Money:
Good, I'm happy


Principality Building Society

by pennyt, 18 Jun 2013
English company with English advisors.
Recommended by pennyt

A very easy way to save money. You can withdraw funds whenever you need to and the customer service is informative and friendly.

Customer Service:
Excellent
Flexibility & Fairness:
Excellent
Product Features:
Excellent
Value For Money:
Excellent


Savings Account Companies