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POST OFFICE MONEY OFFERS TABLE TOPPING RATES

Press release -

POST OFFICE MONEY OFFERS TABLE TOPPING RATES

  • Post Office Money bucks the trend by raising the interest rate on its Online Saver to 1.01% gross/AER* variable

Post Office Money continues to provide some of the best savings rates on the market with table topping increases to its Online Saver rate of 1.01% gross/AER* variable. The new rate will be available online to customers from Thursday 5th January 2017.

Online Saver interest rate has been increased from 0.90% to 1.01% gross/AER* variable including a 12 month fixed bonus of 0.76% gross/AER* variable, after which the underlying rate will revert to 0.25% gross/AER* variable. Customers can make unlimited deposits and withdrawals on this account.

Applications are available online only.

Pete Wood, Head of Savings for Post Office, said: “Post Office Money continues to challenge a tough savings environment by increasing the interest rate on its Online Saver rate, currently offering the most competitive rate on the market.

“Not only does our Online Saver have a very attractive interest rate but also offers savers excellent features such as minimum deposits of £1 with unlimited deposits and withdrawals.”

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About the Post Office

Post Office Limited has an unrivalled national network of over 11,600 branches across the UK, more than all the high street banks combined, and sits at the heart of many communities across the country.

It provides around 170 different services and products spanning financial services including savings, insurance, loans, mortgages and credit cards. Post Office also offers Government services, telephony, foreign currency, travel insurance and mail services.

99.7% of people live within three miles of their nearest Post Office outlet. For many rural communities the Post Office is the only retail outlet. Post Offices remain highly valued and trusted and are the focal point for many communities. For more information, visit www.postoffice.co.uk.

Contacts

Post Office Press Office

Post Office Press Office

Press contact Please note this line is strictly for the Post Office Media enquiries, not Royal Mail enquiries. Royal Mail are responsible for the delivery of letters and parcels as well as stamps 0207 012 3456
Karim Aziz

Karim Aziz

Press contact Head of Media Relations 0207 012 3456
Emma Hancock

Emma Hancock

Press contact Senior PR & Campaigns Manager 020 7012 3456
Sheila Tapster

Sheila Tapster

Press contact Press Officer 020 7012 3456

Welcome to the Post Office Media Centre, our online resource for news, information, photos and footage for journalists across the UK.

The Post Office has over 11,500 branches across the UK, 97% of these are run with retail partners on an agency or franchise basis. 99.7% of the population live within 3 miles of a Post Office and 93% live within 1 mile. Along with a significant online business, we are the biggest retail network in the UK, with more branches than all the banks and building societies combined.

Post Office Media

100 Wood Street
EC2V 7ER London
United Kingdom