Post Office launches new Online Savings Bonds

The Post Office has launched new issues of its Online Bond offering competitive annual rates of up to 4.05% gross/AER. The new rates are available to customers from Friday 3 June 2011.

The new rates and terms are:
1-year - 3.35% gross/AER
2-year - 3.80% gross/AER
3-year - 4.05% gross/AER

Rates based on annual interest paid

Post Office Director of Savings Richard Norman said: "With base rate at historic lows it’s never been more important for savers to make the most of their money. These new Online Bonds offer some of the best rates in the market and are perfect for savers looking for a quick and hassle-free way to apply for and manage their savings"

To find out more about the Post Office Online Bonds go to postoffice.co.uk/savings.