Post Office launches new issue of Reward Saver account
A new issue of the Post Office's Reward Saver account has been launched today (January 9th 2012) that could provide real benefits for savers.
The product offers a best buy rate of three per cent AET variable, including a 12-month bonus of 1.25 per cent.
It can be opened in a branch, by phone or by post and offers a choice of monthly or annual interest rates.
Furthermore, if savers want to get at their money, they can have it penalty-free if they give 30 days' notice, or simply lose the interest for that month if they require to take it out sooner.
Post Office spokesperson Richard Norman said: "The new issue of the Post Office Reward Saver account further demonstrates our dedication to branch savers. The best buy rate will help more people make their money work harder for them."
Last month, the Post Office guaranteed to match the Bank of England Base Rate percentage changes for its branch-based Instant Saver, Reward Saver, Cash ISA and Easy Saver accounts until January 1st 2013.
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