Post Office attracts GBP 3 billion in savings (UK)
Post Office Financial Services has attracted over GBP 3 billion in savings deposits and has won half a million car insurance customers, strengthening its position as one of the fastest growing financial services providers in the UK.
The success of Post Office’s instant access savings account – Instant Saver – is largely due to the consistently good rate it offers customers (currently 5.75 per cent). And a guarantee to remain within one per cent of the base rate for the life of the account – one of the best deals available on the high street.
Post OfficeCar Insurance offers drivers great value cover through a panel of insurers to search for the best deal. This, along with offers of GBP 50 cash back or one month free, has resulted in more than 500,000 policies for the Post Office since launch in July 2004.
Post Office Van Insurance – which is aimed at small business owners – is also booming, hitting over 12,000 sales in just under a year, taking it well on the way to having the biggest market share for this product.
This week Post Office also reached significant motor insurance milestones. Post Office Car Insurance policies now exceed half a million and Post Office Van Insurance has achieved more than 12,000 sales in less than a year.
Post Office Financial Services is a joint venture between the Post Office and Bank of Ireland, which has strived to offer customers great value with fair and easy to understand products.
Post Office Financial Services has attracted over GBP 3 billion in savings deposits and has won half a million car insurance customers, strengthening its position as one of the fastest growing financial services providers in the UK.
The success of Post Office’s instant access savings account – Instant Saver – is largely due to the consistently good rate it offers customers (currently 5.75 per cent). And a guarantee to remain within one per cent of the base rate for the life of the account – one of the best deals available on the high street.
This week Post Office also reached significant motor insurance milestones. Post Office® Car Insurance policies now exceed half a million and Post Office® Van Insurance has achieved more than 12,000 sales in less than a year.
Post OfficeCar Insurance offers drivers great value cover through a panel of insurers to search for the best deal. This, along with offers of GBP 50 cash back or one month free, has resulted in more than 500,000 policies for the Post Office since launch in July 2004.
Post Office Van Insurance – which is aimed at small business owners – is also booming, hitting over 12,000 sales in just under a year, taking it well on the way to having the biggest market share for this product.
Post Office Financial Services is a joint venture between the Post Office® and Bank of Ireland, which has strived to offer customers great value with fair and easy to understand products.
