Post Office launches new Reward Saver - Savings - News - Moneyfacts

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Post Office launches new Reward Saver

Post Office launches new Reward Saver

Category: Savings

Updated: 10/01/2012
First Published: 10/01/2012

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 It is now over 6 months old so the content may be out of date.

The Post Office has launched a new issue of its Reward Saver, paying improved rates.

The Reward Saver Issue 2 pays 3.00% yearly (2.96% monthly) including a 1.25% (1.22% monthly) bonus for 12 months.

This new issue of Reward Saver sees an increase in the overall rate of 0.25% to 3.00% achieved by way of an increase to the bonus to 1.25% for 12 months.

The new rate offered is a market leader in the 30 day notice sector, however it can be beaten by no notice accounts with an introductory bonus.

The monthly option at 2.96% should also appeal to those looking to supplement their incomes.

A review will be required in 12 months when the bonus expires.

Four out of five Moneyfacts stars have been awarded.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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