Postoffice 1 Year Growth Bond Issue 11

You’ve earnt your money, paid your tax, and now it’s time to make it work for you and earn some decent returns. With the Bank of England Base Rate still stuck at historical lows, the fixed rate of 3.30% AER from the Post Office is a decent rate for a 1 year bond.

There’s a minimum deposit of £500 and the account can be withdrawn at any time. The rate of 3.30% AER Gross is correct as of the 11th Feb 2010 but may have changed if you;re reading this at a later date. ThePost Office 1 year Growth Bond was awarded the moneyfacs ‘Best Buy’ rating, so it’s worth a look compared to other bond accounts.

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1. Post Office Growth Bond

Please note that this review does not constitute financial advice or endorsement of the product under review. The rates or products may have been changed or withdrawn since the review was written.