Savings in in Welshpool
If you want to make your money grow without effort, the Post office offers you a wide range of possibilities. These services are available for you and ready to start making profits straight away.
Among all the different saving accounts you may choose, there are some specifications that you will have to pay attention to depending on the base idea you may have. Broadly speaking, these savings accounts will make your savings start working for you and start generating passive income immediately for you to enjoy.
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.
Among all the characteristics of this account we can highlight:
- You can access your money as many times as you need.
- Its manage is completely online
- You can make as many deposits as you need
- It is allowed to choose between monthly or annual interest payments.
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
The ISA saving account will be perfect for you if you want to gain extra interest money. 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. (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 service is provided by the Bank of Ireland UK.
Let's 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.
Before applying for any of them, if you have any doubt, please contact the Postal Office near you.