Easy access
Principality Building Society savings review
Principality Building Society offers a broad range of savings accounts with interest rates up to 5%.
No reviews yet.
Write a review
Based in Wales, the Principality Building Society is the sixth largest building society in the UK. It has more than 500,000 members and offers a range of mortgage, insurance and savings products.
Principality Building Society's top savings rate of 8% is available on one of its easy access accounts.
Easy access savings accounts
Table: sorted by interest rate
Principality Building Society's top easy access rate of 8% is the best currently on the market.
4 of 4 results
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseCash ISAs
Table: sorted by interest rate
Principality Building Society's best cash ISA rate of 4.25% is very slightly lower than today's market-best rate of 4.65%.
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseFixed-rate bonds
Table: sorted by interest rate
Principality Building Society's best fixed-rate bond rate of 4.2% is slightly lower than today's market-best rate of 4.75%.
5 of 8 results
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseNotice savings accounts
Table: sorted by interest rate
0 of 0 results
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseRegular savings accounts
Table: sorted by interest rate
Principality Building Society's top regular savings account rate of 7.5% is the best currently on the market.
2 of 2 results
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseBusiness savings accounts
Table: sorted by interest rate
Principality Building Society's best business savings account rate of 4.55% is very slightly lower than today's market-best rate of 4.68%.
0 of 0 results
Compare other products
We currently don't have that product, but here are others to consider:
How we picked these
Be first to know about new deals
Sign up to receive the latest deals, tips and a chance to win £400! (T&Cs)
Error placeholder Click here to sign in
What is Principality Building Society's best savings account with the highest interest rate?
The best savings account depends on what you want from your savings. If you're after fast access to your money, then an easy-access account should suit you. However, if you're happy to lock your money away for a time to access a higher rate, then a fixed-rate bond is a good option.
Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below, we've listed the different types of accounts Principality Building Society offers, plus the highest interest rate currently available.
| Savings account types include | Easy access, cash ISAs, fixed-rate bonds, notice accounts, regular savers, business |
|---|---|
| Best easy access rate | 8% |
| Best cash ISA rate | 4.25% |
| Best fixed-rate bond rate | 4.2% |
| Best notice account rate | 4.3% |
| Best regular saver rate | 7.5% |
| Best business savings account rate | 4.55% |
| Fixed bond terms | 1 year - 5 years |
| Notice account periods available | 14 days - 180 days |
| Opening options | Branch, website, post |
| FSCS protection |
How to open an account
Depending on the account you choose, you will either need to open the account online, by post, in branch or at an agency. Note that branches are only in Wales or on the border.
With the exception of the children’s accounts, you will usually need to be either 16 or 18 years old, depending on the account you’re opening, and a UK resident.
Documents needed to open an account
To open an account you will need to provide a form of ID such as a UK passport or driving licence, as well as address verification such as a recent utility bill, local authority tax bill, water bill or bank or mortgage statement.
Is Principality Building Society safe?
Yes, Principality Building Society is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and PRA. This means all eligible deposits are protected up to a total of £120,000 by the Financial Services Compensation Scheme (FSCS).
Pros and cons
Pros
- Flexibility. There's a range of accounts to choose from, whether you're looking for an easy access account or a fixed rate bond.
- Multiple ways to bank. Manage your account online, by post or in branch.
- FSCS protection. Money in accounts will be protected up to £120,000 per person.
Cons
- Better rates elsewhere? Principality Building Society offers some competitive interest rates, but always check what's on offer elsewhere first.
- Limited branch access. You'll need to live in Wales or on the border if you want branch access to your account.
Customer service information for Principality Building Society
| Email support | |
|---|---|
| Telephone support | |
| In-app or live chat | |
| Contact form | |
| Branch support |
Our verdict: Is a savings account from Principality Building Society worth it?
Principality Building Society has a wide variety of savings accounts to choose from for a wide variety of needs. Whether you’re looking for a fixed rate bond, a cash ISA or a children’s account, there should be something for you. On top of that, you can choose from accounts designed to help you build up a deposit for your first home.
However, as always, make sure you’ve compared your options against the wider market before making a final decision.
Frequently asked questions
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables is provided by Defaqto. In other cases, Finder has sourced data directly from providers.
FREE interest rate alerts
Sign up to receive the latest deals, expert tips, and a chance to win £400! (T&Cs)
Error placeholder Click here to sign in
More resources on Finder
More guides on Finder
-
Revolut savings review
Revolut now offers savings accounts to its customers, known as Savings Vaults. You can get interest of paid daily, but the rate depends on which level of account you have. Find out whether Savings Vaults are a good option for your spare cash.
-
Working from home statistics: How many people work from home?
Our research found that 41% of Brits work from home at least some of the time. We look at who is working from home and how commuting costs may impact working patterns.
-
What is the average savings interest rate in the UK?
High inflation could be making your savings accounts lose value in “real terms”. We look at historical savings versus inflation rates.
-
Savings statistics: Average UK savings in 2026
Our 2026 savings statistics show the average savings amount in the UK is £19,214 but 2 in 5 Brits (39%) have £1,000 or less.
-
Chase Saver account review
Discover more about the Chase Saver account, including how the boosted rate works and whether it’s worth it.
-
Best Virgin Money savings account rates compared
Thinking about getting a savings account with Virgin Money? We look at the options, from cash ISAs to regular savings accounts, plus pros and cons.
-
TSB savings accounts
TSB offers a range of different savings accounts. For anyone looking to save with the bank, take a look at our detailed guide.
-
Halifax savings rates review, from savings accounts to ISAs
Whatever you’re saving for, find the right Halifax savings account for you. Our detailed guide walks you through which of Halifax’s savings accounts is for you.
-
Santander savings accounts
Our guide to Santander’s savings accounts. From ISAs to regular savings, from fixed-term to junior saving accounts, Santander might have the option for you.
-
Best Post Office savings account rates evaluated
Read about the Post Office and the savings accounts they offer. Find out more about the services Post Office Money provide, and see if they are right for you.