Apply for a Instant Saver account
|Post Office Instant Saver (Issue 14)|
|What is the interest rate?||Interest rate without bonus||0.01% Gross/AER Variable|
|Interest rate including bonus (includes a bonus of 0.24% gross)||0.25% Gross/AER Variable|
|Annual interest, calculated daily, will be paid annually between 20th and 25th March|
|Can Bank of Ireland UK change the interest rate?||
Yes. We have the right to change the interest rate on your account. The reasons we may change your rate are outlined in Section 10 of the general savings terms and Conditions.
If we change your interest rate to your disadvantage, we will give you notice in writing a minimum of 14 days before the change takes effect, as long as you have at least £100 in your account.
|What would the estimated balance based on a £1,000 deposit?||
After 12 months
|After 24 months||£1,002.60|
Projection based on annual interest option with interest paid into the Instant Saver account (compound interest). The projection is provided for illustrative purposes only and does not take into account your individual circumstances.
These assumptions are based on a £1,000 deposit with no further deposits or withdrawals during the 12 months of the projection.
|How do I open and manage my account?||
Opening and managing your account
If you wish to switch into this or out to another product, please select the ‘Online Products’ link on your online banking page or visit your local branch.
|Can I withdraw money?||
Instant Saver offers you the ability to make unlimited no-notice withdrawals without any penalty.
|Additional information||Interest is paid gross without tax deducted.|
To view a downloadable version of the summary box, click here.
Before downloading our application form, please read a copy of our full terms and conditions.