Principality launch new regular saver bond

Principality Building Society, Wales’ biggest building society, is celebrating St David’s Day with the launch of a new regular saver bond that offers 4.50% AER, fixed for a year. Savers need to make a regular monthly investment, which can be as little as £20 or as much as £500.

The regular saver bond will be launched on St David’s Day, 1st March and will be available to savers across the whole of Britain for the month of March. It can be managed online, by phone or via Principality branches and is ideal for dedicated savers.

Principality says that it wants to celebrate Wales’ patron saint’s day, and the building society’s ongoing success, by giving something back to all of Britain’s savers – and at 4.50% AER Gross PA, the St David’s Day Bond has one of the most attractive savings rates available.

James Wright, Marketing Director of Principality Building Society, explains: “Principality’s heritage in Wales is as a building society with strong community roots, so we have always put the interests of our customers first. Those qualities are now more important than ever before as savers look for a safe home for their money that gives them a good return on their cash.

“We wanted to celebrate St David’ Day by rewarding the people that matter to us the most – our members and our customers. The new bond is a simple way of saving regularly with a guaranteed interest rate and a great return on investment. Whether you put £20 or £500 away a month, saving frequently over time can make a real difference to your finances.”

The St David’s Day Regular Saver can be opened online by visiting principlaity.co.uk