Can I open 2 Post Office Online Saver account?

francismay

Can I open 2 Post Office Online Saver account?

I already have one Post Office Online Saver account which I am currently using it.
Can I open another one? Or is it limited to one account per customer?

It doesn't mention in their terms and conditions.

antrobus

francismay wrote: »

Can I open 2 Post Office Online Saver account?

I already have one Post Office Online Saver account which I am currently using it.
Can I open another one? Or is it limited to one account per customer?

It doesn't mention in their terms and conditions.

I believe that you can only one of each issue. But since the PO seem to regularly have new issues multiple accounts are possible. I have three on the go.

Willing2Learn

Yes, I believe you can

See thread linked below:
https://forums.moneysavingexpert.com/discussion/5926023/more-than-one-post-office-online-saver

Zero_Sum

Not sure you can have the same issue multiple times but i currently have 4 PO online savers, being issues 31, 32, 33 & 34

surreysaver

francismay wrote: »

Can I open 2 Post Office Online Saver account?

I already have one Post Office Online Saver account which I am currently using it.
Can I open another one? Or is it limited to one account per customer?

It doesn't mention in their terms and conditions.

It certainly used to be in the T&Cs you couldn't have more than one of each issue. But their systems didn't seem able to pick it up. I have three of issue 26. But you're right - I cannot see that in their terms anymore

PRAISETHESUN

From my experience with PO Bank, the terms for each account state that you can only hold one account in your name - although they don't appear to enforce this particularly well, or consistently. The general consensus from the forum is that you are allowed to hold one account per issue (the T&Cs update each issue so they can be considered completely separate from each other), with some anecdotal evidence for them also considering monthly and annual interest versions of the same issue as also being considered separate.

They bring out new issues every 1-2 months or so, and I just apply for a new one each time for a monthly version and an annual version (with a few days in between each application) and usually get approved for both each time, although some of them don't work properly (can't make withdrawals) so they just sit there with a £2 balance that I will sort out eventually - I don't trust them to fix these accounts without messing up the others!