Post Office Instant Saver
their Instant Saver account offers you a great interest rate of *6.0% Gross/AER Variable* and you can access your money via Link ATMs or by calling call into one of our 13000 branches. Alternatively there’s the phone, by post, and even online. Open an account today and see your money soar.
 |  Compare Post Office Instant Saver details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | Post Office Ltd www.postoffice.co.uk | ||
| Product: | Instant Saver | ||
| Apply via this site: |  | ||
| Savings Details | |||
 Account Type: | Instant Access | ||
| Rate Type: | The type of interest rate is bbr. | ||
| Headline Interest Rate: | The headline interest rate is 5.75% AER. | ||
| Interest Rate Guarantees: | The interest rate is guaranteed to match any changes the in the Bank of England Base Rate until 1st January 2010 and to never fall more than 1% below the Bank Base Rate. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | 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 be completed and signed by the young person and by a parent or other legal guardian. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Minimum Investment: | The minimum investment is £500. | ||
| Maximum Investment: | The maximum investment is £1000000. | ||
| Minimum Balance: | The minimum balance is £1. | ||
| Introductory Rates | |||
| Introductory Bonus: | A bonus of 1.50% is payable. Gross Rate Gross Rate AER Excluding Bonus Including Bonus £500 4.25% 5.75% 5.75% | ||
| Incentives Offered: | There are no free gifts or incentives offered with this account. | ||
| Rates | |||
| Tax Free: | This account is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Bonus Payment Conditions: | Bonus Conditions - An introductory bonus is payable for the first 12 months the account is open. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £500 4.25% 5.75% 4.25% | ||
| Interest Payment Freq: | Interest is paid annually on 22nd March. | ||
| Managing Account | |||
| Instant: | This is an instant access account. | ||
| Passbook: | A passbook is not issued. | ||
| Transactions at Branch: | Transactions can be made at a branch. | ||
| Statement Frequency: | Statements are issued quarterly. | ||
| Transactions by Phone: | Transactions can be made by telephone. | ||
| Transactions by Internet: | Transactions can be made via the internet. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | 6 free withdrawals are permitted per year (21st March - 20th March each year). Further withdrawals subject to a charge of £1 per withdrawal. | ||
| Withdrawal Conditions: | Withdrawal Conditions - 6 free instant access withdrawals are permitted per year (21st March - 20th March each year). Further withdrawals are subject to a charge of £1 per withdrawal. | ||
| Fees & Charges | |||
| Penalty on all Wdls: | There is not a penalty on all withdrawals. | ||
| Compare | |||
| Products: | www.postoffice.co.uk Savings | ||
