Post Office claims that the success of its instant access savings account, Instant Saver, is successful in the UK market and offers consistently good rate it offers customers. It provides guarantee to remain within 1% of the base rate for the life of the account.
Post Office car insurance has resulted in more than 500,000 policies for the company since its launch. Post Office van insurance, which is aimed at small business owners, has also realized over 12,000 sales in just under a year, taking it well on the way to having the biggest market share for this product.
Alan Cook, managing director of Post Office, said: The Post Office is one of the UK’s most trusted brands, and in the current financial climate consumers are looking for financial products that give them a good deal with no hidden catches.
Our aim at launch was to become a major player in the financial services industry and signify how the Post Office is changing. Just under four years on, and with almost 1.4 million customers, we’re one of the fastest growing financial services providers in the UK, and on track to achieve our goals.
