The Post Office has increased the interest rate for its Online Saver account to 2.9 per cent, which puts it at the top of the best buy tables for easy access accounts .
Also, it has launched a new issue of its one year Online Bond, paying a best buy rate of 3 per cent. Since the beginning of July, the Post Office has launched a five new savings products as part of its scheme to expand its savings range and increase its overall financial services proposition. The range includes a selection of branch and online based products.
Post Office Director of Savings and Investments, Richard Norman, said: "The Post Office is dedicated to growing and expanding our savings range to give customers not only great value, but also choice and flexibility with their savings. The Online Saver and Online Bond have proved extremely popular and these rate increases will help even more people make their money work harder for them."
Consumers may apply for an Online Saver and Online Bond at the Post Office website postoffice.co.uk.
Post Office increases interest rates for its online saver account
Financial Services > e-banking > Banking news
Post Office increases interest rates for its online saver account
Mon, 25 Oct 2010
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