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New online savings accounts at The Post Office

The Post Office has launched a new issue of its online savings bonds, making three new accounts immediately available to customers.

These bonds offer rates of 1.99% AER (one-year), 2.10% AER (two-year) and 2.20% AER (three-year).

Post Office head of savings and investments, Henk Van Hulle, said: “The current environment is tough for savers, but the new issue of Post Office online bonds, with multiple terms, offers a guaranteed return at competitive rates.

“This is ideal for people who have varying needs and do not require immediate access to their savings. We are always looking for ways to offer customers more choice and flexibility whilst offering a competitive rate.

“With a minimum investment of only £500, these bonds are ideal for all types of savers looking to take advantage of rates of up to 2.20% AER. Opening a new online bond is a great way of ensuring you are making the most of your savings.”

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