Principality Postal Account launched

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Principality Postal Account launched

Principality has launched its Postal Account, which is an account administered and maintained entirely via post.

Customers can choose from 4.6 per cent AER variable with annual interest, or 4.51 per cent interest paid per month.

Tracy Morshead, managing director at Principality, said the account was designed for those customers unable to gain easy access to a branch.

The Principality Postal Account also gives customers options as to how they receive their interest – annual interest is either added to the account, or transferred to a different account of the customers' choice.

Similarly, those opting for monthly interest payments can have it paid straight into a current account, or another Principality savings account.

Customers can apply for the Principality Post Account at any branch, via the telephone or online.

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