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Cash ISA for posties?

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
fly-catchers
EX ROYAL MAIL
Posts: 573
Joined: 05 Oct 2008, 16:38
Gender: Male

Cash ISA for posties?

Post by fly-catchers »

Hi,
I remember there was a company offering a cash ISA for RM employees which at that time was offering 3%. It was not I think comsave. Obviously if they are are still offering a cash ISA it won't be 3% now. Anyone know who the company is?
maisymoo04
Posts: 2226
Joined: 07 Apr 2010, 17:11
Gender: Male
Location: You dont want to no

Re: Cash ISA for posties?

Post by maisymoo04 »

Just go to pennypost website it pays 4.75% interest yearly
"Some day I will have the bottle to take the money"
genesis
Posts: 220
Joined: 29 May 2007, 21:04

Re: Cash ISA for posties?

Post by genesis »

Pennypost 2%
maisymoo04
Posts: 2226
Joined: 07 Apr 2010, 17:11
Gender: Male
Location: You dont want to no

Re: Cash ISA for posties?

Post by maisymoo04 »

Oooppphha :crazy:
"Some day I will have the bottle to take the money"
N1-22postman
EX ROYAL MAIL
Posts: 68
Joined: 13 Oct 2010, 08:31
Gender: Male

Re: Cash ISA for posties?

Post by N1-22postman »

The 4.75% Penny Post pays on savings is not interest - It is a dividend - It is not guaranteed. However, they have paid a similar dividend for a number of years and I am happy to regularly save with them (you also get life insurance for free) given that bank and building society savings interest rates are abysmal.The Penny Post ISA pays 2% interest which is a top rate.