Easy Access

Principality Building Society Branch 5 Access Bonus Saver Review

A competitive easy access account from Principality Building Society. It ranks 85th of 194 easy access accounts we track.

Variable rate

3.35%AER

Then 2.30% after 12 months

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1

Max balance

No limit

Access

5 withdrawals/year

Interest paid

Annually

The Rate You'll Get

First 12 months

Boosted
3.35%AER

Includes a 1.05% boost for 12 months

Standard rate (after 12 months)

2.30%AER

How It Stacks Up

Ranks 85th of 194

Easy access accounts we track

Above average
This account 3.35%
UK CPI (Aug 2026)
3.10%
Pays 0.25% more
Average easy access
2.86%
Pays 0.49% more
Best easy access
5.50%
Pays 2.15% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

A better-paying alternative

Tembo bank logo

Tembo

HomeSaver

4.55%

AER

  • Pays 1.20% more than this Principality Building Society account
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Worth Weighing Up

  • Con: Rate drops to 2.30% after 12 months
  • Con: The rate is variable, so it can go down

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Estimated returns with Principality Building Society's Easy Access

What you could earn with Principality Building Society's Branch 5 Access Bonus Saver.

Estimated interest

£1,000 saved

£33.50

At 3.35% AER

£5,000 saved

£168

At 3.35% AER

£10,000 saved

£335

At 3.35% AER

£50,000 saved

£1,675

At 3.35% AER

Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on Principality Building Society Branch 5 Access Bonus Saver

Jonny PeaseCo-Founder, DepositScout

This account pays 3.35% for the first 12 months, but that includes a 1.05% bonus, so the rate drops to 2.30% once the boost ends, which is the main thing to watch. At 3.35% it sits below the easy access market average and 1.65% behind the category leader at 5.00%, though it does nudge 0.25% above CPI inflation of 3.1%. You are also limited to five withdrawals per year, which is a meaningful restriction for an account marketed as easy access. If you want branch-based saving at a similar rate, Tandem Bank's Instant Access Saver offers 3.40% without the withdrawal cap to consider.

Compare Easy Access Accounts

2 alternatives to Principality Building Society's Branch 5 Access Bonus Saver

Same type of account, closest on rate.

Common questions about the Branch 5 Access Bonus Saver

D

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Example Easy Access Saver Rate Down
4.20% AER
4.75%
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