Principality 5 year fixed rate savings bond paying 5.30%

Principality Building Society has replaced its 5 year fixed rate bond Issue 149 with a new Issue 150, paying a market-leading rate of 5.30% AER.

The bond has a minimum investment of £500 up to a maximum investment of £1 million. Interest is calculated on a daily basis and customers can choose whether they want interest paid annually or monthly. Savers should hurry to get their hands on this market-leading rate.

James Wright, Marketing Director at Principality Building Society, said: "Savers want their money to work as hard as possible, but they also want security for their cash and a guaranteed return on their investments - this new bond meets all of these requirements and also offers savers the flexibility of adding to their investment while the Bond remains on sale."

To apply for the bond, visit principality.co.uk.