Savings in in Otley
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.
Characteristics of this account:
- Its manage is completely online
- You can access your money as many times as you need.
- It is allowed to choose between monthly or annual interest payments.
- You can make as many deposits as you need
- It's perfect for those who need to access their money very often.
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
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:
- More tax-free interest incomes
- You can choose to split your money across variables or fix rates with no need to move from home. (Process 100% Online)
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 saving account will be perfect for you if you like to know how much profit will have. This service is provided by the Bank of Ireland UK.
Here we highlight some of the features of this account:
- Service provided by the Bank of Ireland UK and designed for those who don't mind to put their money away for a fixed period of time.
- You can open your Online BOND with only £500 deposit.
- It is allowed to choose between monthly or annual interest payments.
- 100% safe online management and 24/7 assistance
- You will know the average of earning money you will have over time.
As you may see there are a lot of different saving accounts you may choose. Before applying for any of them, if you have any doubt, please contact the Postal Office near you.
This website is privately owned and is not affiliated with the Post Office. Remember that we are never going to solicit any personal information, ID or credentials. Official Post Office website: https://www.postoffice.co.uk/