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Post Office Instant Saver

September 24th, 2009

The Instant Saver savings account by Post Office Ltd. currently gives a promotional interest rate of 2.10% Gross/AER variable on balances of at least 500£.

This rate includes a limited offer 2% gross introductory bonus for new Instant Saver Customers only, for 12 months from account opening.

The interest rate is variable and all interest is paid annually in March.

 In particular, Post Office Instant Saver can cater for you if:

  • you want an interest rate guarantee – Post Office guarantees that your interest rate will never be more than 1% below the Bank of England Base Rate for the life of the account
  • you don’t want to be tied into a fixed rate of interest
  • you have £500 to £1,000,000 to invest
  • you want to manage your money online, by phone, at your local Post Office® or over 60,000 ATMs nation-wide
  • you want free withdrawals – up to 6 per year and only £1 per withdrawal thereafter

 

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