Post Office launches new market leading savings rates

The Post Office has increased the savings interest rates for its online saver account, putting it straight to the top of the best buy tables for easy access accounts.

Online savers will have access to the new rate of 2.90 per cent AER and also the Post Office's new issue one-year bond paying the best buy rate of 3.00 per cent AER.

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."

He added that the Post Office expects the online saver account and the new online bond to be extremely popular and help people make their money work even harder for them.

Since the beginning of July the Post Office has launched a total of five new savings products as part of its plans to expand its savings range and increase its overall financial services proposition.
 

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2010-10-20 12:55:40 © Moneyextra.com