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Post Office instant access savings become 'market leading' at 2.90% Go compare with our comparison table

Post Office instant access savings become 'market leading' at 2.90%

21 October 2010 / by Rachael Stiles

The Post Office has increased the interest rates on two of its savings products, making them some of the most competitive on the market.

The Post Office Online Saver now has a rate of 2.90 per cent AER, putting it at the top of the instant access savings account,best buy tables.

The Post Office has also increased the rate on its Online Bond to 3.00 per cent AER.

The Post Office says that this increase in its savings rates reflects its "commitment to offering a wide range of competitive savings products for savers", in line with the other new products they have launched in recent months.

Commenting on the new rates, Richard Norman director of Post Office savings and investments, 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."

© Fair Investment Company Ltd
 

Apply for the Post Office Online Saver »

 
ProviderAccountInterest Rate (AER)TermApply
3.17%Easy AccessApply Now >
Up to 3.17% AER (including 1.62% gross p.a. bonus for 12 months when you save £25,000 or more) Open with £1,000. Easy access, with 1 free withdrawal per year.
3.10%Instant AccessApply Now >
3.10% AER variable (3.06% gross p.a.) including a fixed bonus of 2.56% gross p.a. for 12 months from account opening. After 12 months the rate will revert to the standard variable rate.
3.06%Easy AccessApply Now >
3.06% gross/AER variable including 12 month fixed bonus of 2.06% paid until 30th June 2013. £1,000 minimum opening balance. Easy access. Online management.
3.01%Instant AccessApply Now >
Rate includes a 1.36% gross/AER fixed interest bonus for the first 12 months. Monthly interest available. Unlimited free withdrawals. Open with £1.
2.80%Easy AccessApply Now >
Includes a 0.89% bonus payment for the 1st 12 months giving you a return of 2.80% AER. Open with £1,000.
up to
2.50%		Instant AccessApply Now >
Earn tiered rates of up to 2.50% Gross/AER when you save £500 or more. Open with £1. Unlimited withdrawals. Save up to £1,000 each month.
1.51%Instant AccessApply Now >
From 0.6% - 2.01% with 12 month bonus.
0.75%Instant AccessApply Now >
0.75% including a 0.50% bonus on months where you don't make a withdrawal. Rate without bonus is 0.25%.
1.60%Instant accessApply Now >
1.60 AER/Gross variable. This rate includes a fixed introductory bonus of 1.50% AER for the first 12 months.
2.50%Instant accessApply Now >
Existing customers only. 2.50% AER/Gross (variable) on balances of £10,000 or more or 1.60% AER/Gross from £1 to £10,000. These rates include a fixed introductory bonus of 1.50% AER for the first 12 months.