This comparison simply includes all savings accounts.
Principality Building Society Instant Access Savings Accounts
Why we like it: Which? Recommended Savings Provider. No notice period. Deposit from £100. Interest paid monthly or annually. Apply in minutes. Your eligible deposits with RCI Bank UK Limited are protected up to a total of £85,000 by the Financial Services. Compensation Scheme (FSCS)
Why we like it: Interest can be paid monthly or annually. £500,000 maximum balance. FSCS Protected. Must be UK resident and aged 18 or older. Unlimited withdrawals subject to 45 days notice
Why we like it: Interest can be paid monthly or annually. £500,000 maximum balance. FSCS Protected. Must be UK resident and aged 18 or older. Unlimited withdrawals subject to 45 days notice
Why we like it: Earn 1.00% AER (variable) interest on balances up to a maximum of £20,000. Up to 3% CASHBACK on various household bills. Monthly fee of £5. Cashback capped at £5 for each cashback tier each month. Must pay in £500 pm.
Principality Building Society Instant Access Savings Accounts
Principality Building Society is one of the biggest building societies in the UK, which specialise in business and personal banking services. They have a variety of accounts including high interest instant access savings accounts.
Principality Building Society Instant Access Account
If you require a savings account but you do not want to tie your savings up for a long period of time, the Principality Building Society Instant Access Account may be a viable option. The account gives you the ability to receive substantial interest along with instant access to your savings.
The Instant Access account from Principality Building Society is one of their high interest accounts that gives you the freedom to make unlimited withdrawals, without the inconvenience of penalty charges. In addition, you can also make as many deposits as you wish. The Principality Building Society Instant Access has some of the best monthly interest that high street banks have to offer. The features of the Instant Access account could make it an attractive option for students, young professionals, over 50s, those looking towards retirement and retired individuals. Principality Building Society ensure that they can provide banking services to all ages, which is why their Instant Access account is a suitable savings account for over 60s.
Features include:
- Competitive interest rates
- Open an account with just £1
- Maximum balance of £2 million
- Unlimited withdrawals
- Easy saver rates
- Manage your accounts instantaneously with online access
Review our table above to compare the Principality Building Society savings account with other instant access high street savings accounts.
Quick online application setup from Principality Building Society
With UK savings rates at an all time low you need to take action to ensure your savings are getting the best interest deal possible.
The savings accounts' interest rates fail to provide savers with enough interest to match inflation. This means that peoples’ savings are eroding in real time. The majority of banks offer plenty of savings options to the general public; however, most of them do not give the saver any financial advantage. This is because the interest rates offered by savings accounts are determined by the Bank of England’s base rate. We can help you compare a selection of some of the best interest paying accounts.
For savers looking to access their money regularly, a good instant access savings account will offer flexible withdrawal facilities while combining these with a good rate of interest.
See here for a comparison of leading UK instant access accounts
