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Post Office®
skoolmaster
Posts: 127 Forumite
Post Office®
1, 3 and 5 Year GROWTH BONDS Issus 6a launched w.e.f. 25.6.08.
1 Year GROWTH BOND Issue 6a: a one year fixed term account with a minimum investment of £500 paying 7.05% on maturity.
3 Year GROWTH BOND Issue 6a: a three year fixed term account with a minimum investment of £500 paying 6.00% yearly.
5 Year GROWTH BOND Issue 6a: a five year fixed term account with a minimum investment of £500 paying 6.00% yearly. For all three bonds: No additions or withdrawals permitted.
25 Jun 2008
1, 3 and 5 Year GROWTH BONDS Issus 6a launched w.e.f. 25.6.08.
1 Year GROWTH BOND Issue 6a: a one year fixed term account with a minimum investment of £500 paying 7.05% on maturity.
3 Year GROWTH BOND Issue 6a: a three year fixed term account with a minimum investment of £500 paying 6.00% yearly.
5 Year GROWTH BOND Issue 6a: a five year fixed term account with a minimum investment of £500 paying 6.00% yearly. For all three bonds: No additions or withdrawals permitted.
25 Jun 2008
Skoolmaster
Noblesse Oblige
shedful of passbooks and bonds
Noblesse Oblige
shedful of passbooks and bonds
0
Comments
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Details here"The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens0
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Hi. Is there a difference between the 'Growth Bond' and a 'Fixed Rate Bond'? I have a relative wanting to move a large some from a FRB to GB...They say you can't put a value on life... but I live it at half price!0
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I was all a-fluster when I saw the word "growth", but then realised that their definition of growth is still subject to Income Tax, not CGT
Bit of bad naming, that - it's neither growth nor a bond! Good rate though.You've never seen me, but I've been here all along - watching and learning...:cool:0 -
I guess the 1 year rate isn't bad, but the longer term rates are pretty poor.Stompa0
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The 1 year fixed rate bond
if a cheque is presented at a post office, how long would it be before interest is earned
From Day 1?
Has anyone any experience of when please - thanks0 -
More poor naming by the post office.
These are fixed term deposits. Its bad enough they call them bonds but then they introduce the word growth to suggest it comes under CGT and not income tax but it doesn't.
As one of the funny Natwest adverts says, lets bamboozle them with words like bond and bosh....I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Post Office savings are apparently under the Bank of Ireland? Is that 100% under FSA and FSCS or would you have to claim it back from Ireland if something were to happen?0
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is this still available at the same interest rates? the website doesn't make it clear0
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Tried twice to apply online but both times half way through the application process the screen went blank.
Gave up and went to Cahoot,paying 7.01% fixed `til 16th July next year.0 -
The 1 year fixed rate bond
if a cheque is presented at a post office, how long would it be before interest is earned
From Day 1?
Has anyone any experience of when please - thanks
Not Day 1 - the website says,
"money invested in your account will start to earn interest from the day after cleared funds are credited to your account, your account is opened and we've completed all necessary Anti-Money Laundering checks"
That's from this page - http://www.postoffice.co.uk/portal/po/content1?catId=52900697&mediaId=529006950
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