Principality e-Saver Issue 4 account

Principality Building Society has launched its new online variable rate e-SAVER Issue 4 account, which offers a market-leading rate of 2.85% AER.

The Principality e-SAVER Issue 4 includes a conditional introductory bonus of 1.20% above the variable e-SAVER rate payable for the first 12 months from the date of account opening.

Launched on Wednesday April 13, the account is available to anyone aged 16 and over and for balances of £1 up to £1,000,000. Interest will be calculated daily and paid annually on January 1st each year.

The new e-SAVER Issue 4 account is the latest online-only product launched by Wales' largest building society, Principality.

Kate Murray, Savings Manager at Principality Building Society, said: "Whilst the Society remains committed to its physical presence on the high streets of Wales, we also understand the growing consumer demand for competitive online-only products which customers can service on their own terms.

"Following the success of previous issues, the e-SAVER 4 account offers a market leading rate and gives customers the freedom to manage their account entirely online, giving them total control of their savings."

To find out more about the Principality e-SAVER  Issue 4 account, visit principality.co.uk.