Post Office delivers with growth bonds - Savings - News - Moneyfacts


Post Office delivers with growth bonds

Post Office delivers with growth bonds

Category: Savings

Updated: 25/05/2011
First Published: 25/05/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Post Office has come up with the savings goods with the launch of its new fixed rate bonds.

Really making its mark is the One Year Growth Bond now paying 3.35%.

Now ranking amongst the market leaders for its term, the bond requires a minimum investment of £500.

Although early access to funds is allowed, a breakage fee will be charged, so savers really need to make sure they can commit the funds for the full term.

Four out of five Moneyfacts stars have been awarded.

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