New online saver account from the Post Office

Wednesday, 25 August 2010 12:00

The Post Office has announced the launch of a new online saver account as part of an expansion of its savings range.

It will offer 2.75 per cent AER variable, inclusive of a guaranteed 12-month bonus and is available with immediate effect.

The deal has been described by the organisation as perfect for those wishing to apply for and manage their savings online.

It includes no withdrawal penalties or restrictions.

Richard Norman, director of savings and investments at the Post Office, said: "We are reinforcing our commitment to offering competitive rates and account flexibility."

He added the new product compliments the group's existing range of branch savings accounts.

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