Principality savings accounts named 'easy to open' by Moneyfacts

Moneyfacts awards us 5 stars

Our savings accounts have achieved an Easy to Open 5 Star Rating by Moneyfacts.

New for 2025, Moneyfacts' Easy to Open Star Rating evaluates how easy it is to open savings accounts with each provider. And, we’ve earned the highest rating because ours are as easy to open as possible.

Who are Moneyfacts?

For over 35 years, Moneyfacts has been a trusted and independent source of accurate, unbiased financial product data across the financial industry. 

Their expert team constantly monitors the market to provide data and insight for mortgages, savings, credit cards, loans, business banking, insurance and investment products across the UK. 

Making savings easy

In October 2024, we launched our redesigned website that put our customers' needs first. Our Members told us our old website felt cluttered and confusing, making it harder to find what they needed. We listened and made changes to make it easier to use.

Now, accessing our savings accounts is simpler and smoother with:

1. product cards - compare options at a glance
2. better filters - quickly narrow down what you need
3. simpler language - making financial terms easy to understand

What makes an account 'Easy to Open'

Moneyfacts base their Star Ratings for Easy to Open savings accounts on specific service features, taking provider and consumer information into consideration. 

The review process includes information gained from: