Easy access account relaunched | Product News - Moneyfacts

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Easy access account relaunched

Easy access account relaunched

Category: Savings
Date: 07/03/2016

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 It is now over 6 months old so the content may be out of date.

Post Office Money has relaunched its easy access savings account and secured it a place on the Moneyfacts charts thanks to its eye-catching rate and terms.

The basics…

Online Saver Issue 20 pays a competitive variable rate of 1.00% yearly, including a 12-month bonus of 0.35%. It's also available as a monthly option paying a slightly reduced rate of 0.99% monthly with a 0.34% bonus for 12 months.

The finer details…

This account must be opened and operated online with a minimum investment of just £1. Access is via a nominated account.

An unlimited number of additions are permitted and withdrawals can be made without restriction or notice, giving savers complete flexibility.

Why we like it…

Internet savers who are looking for a highly flexible account are likely to be delighted by the re-introduction of this deal, which has soared straight into the charts. This straightforward account allows unlimited and restriction-free additions and withdrawals as well as offering a monthly interest option; however, savers must be prepared to re-evaluate the deal's competitiveness in a year's time when the bonus expires.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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