How it works
You can start with just £100, after that you can deposit from between £1 all the way up to the maximum balance of £1 million.
Making a deposit
There are lots of ways to pay in:
- In branch (by cash or cheque)
- By post (cheques only)
- Transfers from your linked current account
If you want to save regularly, you can set up a standing order from your current account to your Post Office Money Instant Saver.
Please note, receiving payments directly from third parties, for example a salary from your employer, or pension / benefit payment(s) from the DWP, is not permitted.
Withdraw savings in branch, online, by phone or post. Or, use your cash card at any one of 60,000 ATMs nationwide. There is a £50,000 limit per day for online and phone withdrawal requests.
Are you eligible?
Post Office Money Instant Saver is open to anyone aged 11 or over and a UK resident for tax purposes. Aged between 11 and 15? You’ll need a parent, grandparent or legal guardian to sign your application and provide documents to verify your name and address.
If you're aged 16 to 18, you'll need to verify your name - call us on 0800 169 7500 for a list of acceptable ID.