Bond Cyfradd Sefydlog 2 Mlynedd (Issue 358)

Our 2 Year Fixed Rate Bond may be right for you if you have a lump sum to pay in and you don't need to take your money out for two years.

  Cyfraddau llog Balans Gross* each year AER†
Llog blynyddol £500 - £2,000,000 0.80% 0.80%
Llog misol £500 - £2,000,000 0.80% 0.80%
  • Open this bond in branch, at an agency or online
  • Pay in from £500 to £2,000,000
  • Add more money to the bond until it is taken off sale
  • Choose to have the interest paid once a year or every month
  • No withdrawals allowed before the end of the two-year term 
  • You cannot close this bond early
  • We can stop accepting applications at any time
Blwch crynodeb
  Blwch Crynodeb
Enw'r cyfrif 2 Year Fixed Rate Bond Issue 358
Beth yw'r gyfradd llog? Fixed annual interest       0.80% Gross* each year      0.80% AER†
Fixed monthly interest     0.80% Gross* each year      0.80% AER†

(See the meanings of ‘Gross’ and ‘AER’ at the bottom of the page)

Interest is calculated each day on the money in the account and paid:
  • annually (each year), on each anniversary of your bond opening; or
  • monthly, starting one month after the date your bond opened, and then each month after that;
    whichever you choose.
  • A all y Principality newid y gyfradd llog? No, the rate is fixed for two years until the bond matures (when the account comes to an end).
    Beth fyddai'r balans amcangyfrifedig ar ôl 24 mis yn seiliedig ar adnau o £1,000? £1,016.06

    This is based on you choosing to have interest paid annually and added to your bond, and you not making any further payments into the account.
    Sut ydw i’n agor a rheoli fy nghyfrif?
    • There is no minimum age to open this account. If you are under 14, it must be opened as a trust or signatory account.
    • You must be a UK resident (see your 2 Year Fixed Rate Bond account terms).
    • You can open the account in branch, at an agency or online. If you want to open this account with funds transferred from a Principality fixed term account that has matured, you can do this online, in branch, at an agency or by post.
    • You must keep at least £500 (the minimum balance) in the account.
    • If your bond reaches £2,000,000 you cannot pay any more money in.
    • You must make the first payment into your bond within five business days of it opening. If you don’t, we will close the account.
    • You can keep making payments into your bond while we are still offering this bond to customers.
    • Your bond will mature after two years, on the anniversary of the account opening.
    • You can manage the account in branch, at an agency, by post, or by using the online service, Your Account, at
    A gaf i godi arian?
    • No, you cannot make withdrawals or close your bond before it matures.
    • We will write to you before your bond matures to find out what you want to do with your money.
    • If we don’t receive any instructions from you before your bond matures, we will move your money to our Instant Access Account or the nearest equivalent we offer at the time.
    Gwybodaeth ychwanegol
    • Service charges and costs may apply to your bond. These are set out in our Tariff of Charges.
    • If the total amount of interest you earn is more than your tax-free Personal Savings Allowance, you may have to pay tax directly to HM Revenue & Customs (HMRC). For more information, visit and search Personal Savings Allowance.
    • In certain circumstances we may refuse an instruction for using an account. These circumstances are set out in our Savings Terms and Conditions.
    • The interest rates quoted above were correct on 21/10/2021.
    Cyfrifo eich cynilion

    Savings calculator

    Please enter amount

    Amount must be less than 2000000

    Please enter amount

    Amount must be less than 2000000

    Please choose a duration

    Please choose a duration


    1. The results displayed were dependent on the information you provided and are for illustrative purposes only and are by no means an indication of being suitable for your individual circumstances.
    2. The calculations assume interest is paid gross* of income tax on the entire balance on an annual basis
    3. It has been assumed that no withdrawals or additional deposits would be made from the account during the saving duration, and that the interest rate also remains the same during this time (note that interest rates on variable rate savings account are subject to change, and when fixed rate deals end, there is no guarantee that the same rate will be available in the future). 

    Before you apply below, please read the 2 Year Fixed Rate Bond Issue 358 Terms & Conditions

    As you will be bound by the account terms and your information is held in accordance with our privacy policy, you should read, print and save the below documents for your records. If you have any queries relating to them please contact us for further information.

    Please also read the following:


    * Gross interest is the rate of interest before income tax is deducted at the rate set by law.

    † AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid once each year on the whole balance, including previous interest payments.

    Cynnyrch a welwyd eisoes

    Bond Cyfradd Sefydlog 2 Mlynedd Issue 358

    Putting money into your savings account Once you've opened your savings account, for most accounts you should pay money in within 5 business days. Click here for information on how you can do that.

    • 6ed cymdeithas adeiladu fwyaf y DU
    • Cymdeithas adeiladu gydfuddiannol, sy’n eiddo i’n 500,000 o aelodau ac yn cael ei rhedeg er eu lles
    • Dros 160 mlynedd o brofiad
    • Gofalu am werth dros £10 biliwn o asedau ein cwsmeriaid
    • Gall Aelodau fynd at dudalen Gwobrau Aelodau sy’n cynnwys cystadlaethau, gostyngiadau a mwy.

    We are covered by the FSCS

    Find out more about what it means for you.