Growth Bonds

Know what you'll get with a guaranteed fixed return

Type of Account	Type of Interest Rate (i.e. Variable / Fixed)	Current Gross¹ Rate pa/ AER²	Previous Gross¹ Rate pa/ AER²
Online Saver – annual interest includes a 12 month 1.25% gross/AER fixed bonus⁶	Variable	2.75% gross/ 2.75% AER	n/a
Online Saver – monthly interest includes a 12 month 1.23% gross/ 1.24% AER fixed bonus⁶	Variable	2.72% gross/ 2.75% AER	n/a
Online Bond – annual interest 1 year term	Fixed	2.80% gross/ 2.80% AER	n/a
Online Bond – monthly interest 1 year term	Fixed	2.76% gross/ 2.80% AER	n/a
Reward Saver - annual interest includes a 12 month 1% gross/AER fixed bonus³	Variable	2.50% gross/ 2.50% AER	n/a
Reward Saver - monthly interest includes a 12 month 1% gross/1%AER fixed bonus³	Variable	2.48% gross/ 2.50% AER	n/a
Instant Saver includes a 12 month 2% introductory bonus³ (accounts applied for and opened after 10/08/2009)	Variable	2.10%	n/a
Instant Saver includes a 12 month 1% introductory bonus³ (accounts applied for and opened between 06/04/2009 and 10/08/2009)	Variable	1.10%	n/a
Instant Saver excluding introductory bonus rate³	Variable	0.10%	0.25%
2010/2011 Cash ISA including 2% introductory bonus rate⁴	Variable	2.25%	n/a
2009/2010 Cash ISA including 2% introductory bonus rate⁵	Variable	2.25%	1.25%
2008/2009 Cash ISA	Variable	0.25%	0.75%
Growth Bond (Issue 13) 1-year term	Fixed	2.65%	n/a
Growth Bond (Issue 13) 2-year term	Fixed	3.40%	n/a
Growth Bond (Issue 13) 3-year term	Fixed	3.75%	n/a
Fixed Rate Cash ISA (Issue3) 1 year term	Fixed	2.65%	n/a
Fixed Rate Cash ISA (Issue3) 2 year term	Fixed	3.10%	n/a
Fixed Rate Cash ISA (Issue3) 3 year term	Fixed	3.40%	n/a
The following accounts are only available to customers whose existing Post Office® savings products have matured
Loyalty Bond holding account	Variable	0.10%	n/a
Easy Saver	Variable	0.10%	n/a

¹Gross rates are variable and do not take account of deductions of income tax.
²AER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and compounded each year.
³Introductory bonus applies for the first 12 months from account opening. Terms and Conditions apply. Rate applies to balances of £500 or more. Below £500 no interest is paid.
⁴Rate includes a bonus on all deposits made in the 2010/11 tax year, for 12 months from the first deposit.
⁵Rate includes a bonus on all deposits made in the 2009/10 tax year, for 12 months from the first deposit. Bonus increased from 1% to 2% on 10th August 2009.
⁶Introductory bonus applies for the first 12 months from account opening. Terms and Conditions apply. Rate applies to balances of £1 or more. Below £1 no interest is paid.
For variable rate products, excluding Reward Saver and Easy Saver accounts (opened from July 2009), interest is paid annually in March. For Easy Saver accounts opened from July 2009, interest is paid on the anniversary of account opening. For Reward Saver accounts annual interest is paid on the anniversary of account opening (or closest business day) and monthly interest is paid on the closest business day each month linked to the date of account opening. For Growth Bonds interest is paid annually on the anniversary of the Bond opening. For Online Saver accounts annual interest is paid between 20th and 25th March each year and monthly interest is paid on the last day of each month (if the last day is not a working day, we will pay interest on the next working day). For Online Bonds annual interest is paid on the anniversary of account opening and monthly interest is paid each month, based on the date that the account is opened.

All rates are correct with effect from 23 August 2010.

Post Office® Online Saver, Online Bond, Instant Saver, Growth Bonds, Reward Saver and Maturity Accounts provided by Bank of Ireland.

Post Office® ISAs are provided by Family Investments.

Post Office Ltd is an appointed representative of the Governor and Company of the Bank of Ireland which is authorised by the Irish Financial Regulator and authorised and subject to limited regulation by the Financial Services Authority; details about the extent of Bank of Ireland’s authorisation and regulation by the Financial Services Authority are available by request. Bank of Ireland, 1 Donegall Square South, Belfast, BT1 5LR.
Family Investments is the trading name of Family Investment Management Limited (Co. No. 1915516) and Family Equity Plan Limited (Co. No. 2208249), which are authorised and regulated by the Financial Services Authority. Registered in England and Wales at 16-17 West Street, Brighton, East Sussex BN1 2RL.
Post Office Ltd is registered in England and Wales, Registered No. 2154540. Registered Office 148 Old Street, London EC1V 9HQ. Post Office and the Post office logo are registered trade marks of Post Office Limited.