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Post Office Instant Saver

Description: Savings account. / Depositing or withdrawing money made easy.

Newest Review: ... huge interest rate and there is no monthly minimum pay ins or fees. When I saw the leaflet for the instant saver I was intrigued and wanted to swap instantly as I had a very poor Halifax account with a really terrible interest rate. So I went down to the Halifax and closed down the lousy savings account I had with them, and then took all of the money across to the post office. I filled out ... more

... the application form there and then and sent it off to be processed. A word of advice however, if you use the same method, you MUST keep the receipt that they will give you over the counter as if something ever went wrong, your £500+ could go missing an...more

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Post Office Instant Saver (585 words)
by - written on 12/02/09 (Very useful, 364 readings)
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Post Office Instant Saver The post office instant saver is a savings account offered to the public by the post office. It is backed by the Bank of Ireland and proved to be a very popular account up until the end of 2008. The account was released in 2005-2006 boasting a massive interest rate of 6.5% as well as having easy access to your money. Easy access meant you could have up to 6 withdrawals a year for free, then after that they would only cost you £1 each. There was no punishment to your interest rate if you withdrew any money which I thought was fantastic. As being punished to get hold of your own money is a bit ridiculous. The account needs ... Read the complete review

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