Easy access deal moves near the top | Product News - Moneyfacts

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Easy access deal moves near the top

Easy access deal moves near the top

Category: Savings
Date: 28/07/2015

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 It is now over 6 months old so the content may be out of date.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 given its easy access deal a helping hand up the Moneyfacts charts with a rate boost of 0.20%.

The basics…

Online Saver Issue 15 now pays a variable rate of 1.40% yearly, including a 0.75% bonus for 12 months, allowing it to sit just behind the current market-leader of its sector. A monthly option is also available that pays 1.39% (with a 0.74% bonus).

The finer details…

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

Unlimited additions and penalty-free withdrawals can be made without notice, giving savers the height of flexibility.

Why we like it…

This easy access account now pays an enticing rate that is sure to heighten its popularity among savers. The fact that it allows flexible access, has a monthly interest option and permits unlimited additions enhances its appeal further and ensures its status as a Moneyfacts best buy. However, savers must remember to re-evaluate the account's competitiveness in a year's time when the bonus rate 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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