Post office® boosts Instant Saver rate to 5%
From 29th August 2006 the Post Office® is increasing the rate on its Instant Saver account from 4.75% to 5.0%*, in line with the new Bank of England base rate rise.
The rate will be available to new and existing Instant Saver customers.
Richard Norman, Head of Savings, said: “The Post Office® is committed to offering customers great value and we want to pass this new rate on to savers as soon as possible so they get the most out of their money.”
Post Office® Instant Saver is guaranteed to remain within 1.0% of the Bank of England base rate and the account offers six free withdrawals a year with a flat fee of just GBP 1 for future withdrawals.
Instant Saver is available at all of the UK’s 14,300 Post Office® branches, by telephone and online. Withdrawals can be made both at branches and ATMs, offering unrivalled choice and convenience.
To find out more about Post Office® Savings log onto www.postoffice.co.uk/savings, call 0800 169 7500 or visit your local Post Office® branch.
Ends
*This includes a 1.0% bonus for 12 months from the date of account opening.
For more information please contact:
Inez de Koning /Anna Tombs – 020 7294 3623/3652
[email protected]
[email protected]
Hayley Fowell
Royal Mail Press Office
020 7320 7440
80 Old Street
London
EC1V 9NN
[email protected]
