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Post Office launches new issues of Fixed Rate savings accounts

22nd April 2013 Print

The Post Office has launched new issues of its Growth Bond and Fixed Rate Cash ISA - two of its most popular savings accounts. The accounts feature market leading rates and are available to customers immediately.
 
Both the Growth Bond and Fixed Rate ISA offer rates for one, two and three year terms, with rates up to 2.10% gross/AER for the three year Growth Bond, and up to 2.10% tax-free/AER for the three Year Fixed Rate Cash ISA.
 
The new rates and terms are:
 
Growth Bond Issue 20:

One year - 1.90% gross/AER
Two year - 2.00% gross/AER
Three year - 2.10% gross/AER
 
Fixed Rate Cash ISA Issue 10:

One year - 1.90% tax-free/AER
Two year - 2.00% tax-free/AER
Three year - 2.10% tax-free/AER

Post Office Head of Savings Henk Van Hulle said: "We know that many savers are feeling the pinch due to the low base rate resulting in lower returns on their savings. At the Post Office, we are committed to giving our customers good value returns for their money and this is apparent with these new issues of our popular fixed rate savings accounts."