Savings in in County Londonderry
If you want to make benefits from your savings, the Post office offers you different possibilities to make your money grow without effort. These savings accounts will make your savings start working for you and start generating passive income immediately for you to enjoy.
These savings accounts will make your savings start working for you and start generating passive income immediately for you to enjoy. But before making any decision, there are some specifications that you may have to consider, depending on the idea you have about your money.
Online Saver
This saving account will be perfect for you if you need to access your money very often. This service is provided by Bank of Ireland UK.
Among all the characteristics of this account we can highlight:
- This service is provided by Bank of Ireland UK and you can access your money as many times as you need.
- Its management is completely online so you will handle all of your transactions from home.
- You are allowed to do as many deposits as you need
- You can choose between monthly or annual interest payments.
On the other hand, if you want to put your money away for a certain period of time to obtain more interests, maybe you can choose another kind of saving account. Keep reading for more info.
Online Individual Saving Account
The ISA saving account will be perfect for you if you want to gain extra interest money. This service is provided by OneFamily, all savings in Post Office Money Cash are deposited at the Bank of Ireland UK.
Characteristics of the ISA:
- Enjoy tax-free interest incomes
- Split your money across variables or fix rates.
- Its management is completely online so you will handle all of your transactions from home.
- Designed for OneFamily, (all savings in Post Office Money Cash are deposited at the Bank of Ireland UK) for all of those who want to gain extra interest money.
- Available for people over 16 years old.
This account is a very good option to earn more in a medium/long term, but if you are under 16, or if you don't want to manage your ISA online, you may choose another type of account.
Online Bond
This service is provided by the Bank of Ireland UK.
Let's highlight some of the features of this account:
- You may open your Online BOND with only £500 deposit.
- It is allowed to choose between monthly or annual interest payments.
- You want to let your money work for you for a fixed period of time.
- You will know the average of earning money you will have over time.
- 100% safe online management
Before applying for any of them, if you have any doubt, please contact the Postal Office near you.
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