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Post Office Instant Saver

Last post Wed, Nov 29 2006, 3:53 PM by Roma. 0 replies.
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  •  Wed, Nov 29 2006, 3:53 PM

    Post Office Instant Saver

    Please can anyone advise ... PO are not allowed to lol ... we have had to sell our house and our vendor let us down so we have £150000 equity to invest for approx 3 months until we find another house (may be longer) ...
    I am useless at maths - the PO account is 5% and rising to 5.25% 6Dec ... it has interest added a on a DAILY basis which I have learnt is good ..?? When we withdraw we will obviously be taking ALL out .. even though the interest is done annually if we CANCEL we get interest within 10 days???
    Can anyone really brainy out there (leaves ME out!!) work out what we would earn in interest in 3 Months please..???? I will only have internet now until Thursday evening ... thank you SO much!!
    • Post Points: 5