Advertisement:

News Centre

Post Office launches new Reward Saver

Post Office launches new Reward Saver

Category: Savings
Date: 1/10/2012

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.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at anytime.

Related Articles

Savers urged to consider regular contributions

Savers setting up monthly payments into their savings accounts are getting ahead of the game when it comes to building up a nest egg.

Ulster Bank improves Direct Saver terms

Ulster Bank has improved its Direct Saver account by upping the rate of interest and cutting the minimum investment.

Take note of Hanley Economic notice account

Hanley Economic BS has extended its savings portfolio with the launch of a 180 day notice account.