Post Office easy-access saver sees rate rise | Product News | moneyfacts.co.uk

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Post Office easy-access saver sees rate rise

Post Office easy-access saver sees rate rise

Category: Savings
Date: 06/07/2017

Post Office Money has increased the rate on its easy access with bonus account by 0.10%, which has improved its position in the Best Buy chart for its sector and earned it a high Moneyfacts rating.

The basics…

The Online Saver Issue 25 now boasts the joint-highest variable rate in its sector of 1.11%, including a 0.86% bonus for the first 12 months. Interest is paid yearly and must be compounded.

The finer details…

This online-only account requires a minimum investment of just £1. Unlimited additions and withdrawals are allowed through a nominated current account. The inclusion of a bonus means that part of the rate is fixed for a year, but also that savers would be wise to review their account after the bonus expires.

Why we like it…

The joint top rate on this deal has allowed it to move up in the Best Buy chart for its sector, and earned it a high rating.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
 
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