Post Office in five star savings spectacular - Savings - News |

News News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Post Office in five star savings spectacular

Post Office in five star savings spectacular

Category: Savings

Updated: 20/10/2010
First Published: 20/10/2010

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 It is now over 6 months old so the content may be out of date.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 is the bearer of spectacular news after increasing the rates payable on two of its savings accounts.

Its Online Bond is a one year fixed term internet operated account which now pays 3.00%.

Savers are afforded the ability to close the account early on the loss of 90 days' interest, helping it to earn four out of five Moneyfacts stars.

However, even better is the Online Saver account which now pays 2.90%, a rate high enough to make it a market leader amongst its peers.

As it includes a 1.25% bonus for 12 months, savers will have to review the account's competitiveness after a year.

However, certain to prove a big hit with savers happy to conduct their financial affairs over the internet, this account earns the maximum five out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.