Post Office Instant Saver

Compare the Post Office Instant Saver with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
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Post Office Instant Saver Features & Benefits

Application Criteria
Permanent UK ResidentyesThis product is only available to individuals who are permanent UK residents.
Existing Customer OnlynoNo
New Money OnlynoNot applicable.
Minimum Initial Investment£500The minimum investment is £500.
Minimum Age11 years
The minimum age to open this account is 11 years. An application to open an account in the name of a young person who is 11 or older but under 16 must...expand
Introductory Rates
Introductory Bonus2.00%
A bonus of 2.00% is payable. Gross Rate Gross Rate AER Excluding BonusIncluding Bonus £500 0.10% 2.10%2.10% ...expand
Fixed or Variable BonusfixedThe bonus is fixed.
Introductory Bonus Conditions12 months intro bonusBonus Conditions -
An introductory bonus is payable for the first 12 months the account is open.
Rates
Rate TypebbrThe type of interest rate is bbr.
Headline Interest Rate2.1%The headline interest rate is 2.10% AER.
Rate Tierssee details
Gross Rate Gross Rate AER Excluding BonusIncluding Bonus £500 0.10% 2.10%0.10% ...expand
Tax FreenoThis account is not tax free.
Interest Payment FrequencyannuallyInterest is paid annually on 22nd March.
Interest Rate Guaranteesno < 1% below bbr for life of accountThe interest rate is guaranteed to never fall more than 1% below the Bank Base Rate for the life of the account.
Initial Rate Duration12 monthsThe initial interest rate is payable for 12 months.
Children's Savings
Children's Savings Accountnono
Account Access
Account TypeInstant AccessInstant Access
Opened OnlineyesAccount can be opened via the internet.
Online AccessyesTransactions can be made via the internet.
Opened at BranchyesAccount can be opened at a branch.
Branch AccessyesTransactions can be made at a branch.
Opened by PhoneyesAccount can be opened by telephone.
Phone AccessyesTransactions can be made by telephone.
Opened by PostyesAccount can be opened by post.
Postal AccessyesTransactions can be made by post.
Account Management
Instant Access to SavingsyesThis is an instant access account.
Minimum Balance£1The minimum balance is £1.
Minimum Withdrawal£1There is no minimum withdrawal.
Maximum Number of Withdrawals6 withdrawalsThe maximum number of withdrawals permitted per year is 6 to earn the cited interest rate.
Withdrawal Conditionsyes
Withdrawal Conditions - 6 free instant access withdrawals are permitted per year (21st March - 20th March each year). Further withdrawals are subject to...expand
Additional Informationprovided by Bank of IrelandThis account is provided by Bank of Ireland.
Available to TrusteesnoThis account is not available for trustees.
Fees & Charges
Penalty on All WithdrawalsnoThere is not a penalty on all withdrawals.

A-Z Savings Account Companies

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Butterfield Private Bank The Butterfield 45 Day Notice Account Monthly

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Lloyds TSB 6 Month Term Deposit

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Furness Building Society Bonus Saver

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Earl Shilton Foundation Account

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