Agent Million gives two lucky Premium Bonds holders from Kent and York a bank holiday weekend to remember

What would you do with £1 million? That’s a question two lucky winners are going to have to answer as Agent Million visits both Kent and York to deliver May’s Premium Bonds jackpot prizes. This month, the lucky Premium Bond holder from Kent held the maximum value of £50,000 and bought their winning Bond (210VY427248) in August 2013. Agent Million also ventured to York. The lucky jackpot winner there holds £45,000 worth of Premium Bonds and bought the winning Bond (152JH073647) in February…

NS&I confirms three-year contract extension with Atos

Contract extension will build on digital capability and continue to deliver value for money for taxpayers. NS&I has today (4 April 2019) confirmed that it is exercising the option to extend its operational services contract with Atos by an additional three years, following the end of the principal contract period from 2014-2021. The contract extension was signed on 28 March 2019 and means that the relationship between NS&I and Atos will continue until 2024.

NS&I to release new issues of Guaranteed Growth Bonds and Guaranteed Income Bonds from 1 May 2019 with revised terms and conditions

From 1 May 2019, new issues of 1 year and 3 year Guaranteed Growth Bonds and Guaranteed Income Bonds will be on sale with a revised customer agreement (terms and conditions). The current interest rates, and the holding limit of £10,000 for both Guaranteed Growth Bonds and Guaranteed Income Bonds, will be unchanged. 1-year Guaranteed Growth Bond will continue to pay an interest rate of 1.50% gross/AER, while the 3-year Bond will continue to pay 1.95% gross/AER.

Creating the savings habit of a lifetime: Parents kick start savings for 21 million Brits

NS&I research has shown the enduring influence of our parents on building long term savings habits and the financial as well as emotional bonds between the generations. 50% of Britons had a savings account opened for them by their parent or guardian when they were a child, with just over half of over 16s (51%) saving regularly as a child, either by themselves or parents investing on their behalf and almost two thirds of over 16s (62%) saving regularly into adulthood.