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Millions of pounds more in Premium Bonds prizes will be up for grabs from next month as NS&I increases the prize fund rate from 1.40% to 2.20%, adding an expected £76 million to the prize fund for October. The changes will see the number of £5,000, £10,000, £25,000, £50,000 and £100,000 prizes almost double. There will also be 19 times as many £50 and £100 prizes paid out from October. The odds of each £1 Premium Bond number winning a prize will also improve from 24,500 to 1 to 24,000 to 1.

Third Issue of Green Savings Bonds at a fixed-rate of 3.00% gross/AER over a three-year term Money invest in Green Savings Bonds will help finance green projects as part of the UK Government Green Financing Framework Savers can help fund vital green projects across the UK while earning an improved rate of interest from today, with the third Issue of NS&I’s Green Savings Bonds paying 3.00% gross/AER fixed-rate over a three-year term.

NS&I will increase the Premium Bonds prize fund rate from 1.00% to 1.40%, effective from the June 2022 Premium Bonds prize draw. The odds of each £1 Premium Bond number winning a Premium Bonds prize will also change from 34,500 to 1 to 24,500 to 1. The increased prize fund rate will see an estimated additional 1.4 million prizes paid out in the June Premium Bonds prize draw.

NS&I has announced that it will be increasing the interest rates on its Direct ISA, Direct Saver and Income Bonds to 0.35% on 29 December 2021. The interest rate on Direct Saver and Income Bonds will be increased by 20 basis points, from 0.15% gross/AER to 0.35% gross/AER. The interest rate on Direct ISA will be increased by 25 basis points, from 0.10% tax-free/AER to 0.35% tax-free/AER.

NS&I must strike a balance between the interests of savers, taxpayers and the broader financial services sector. Changes will ensure NS&I’s interest rates are aligned appropriately against those of competitors. Interest rate reductions will apply to variable rate and some fixed term savings products, effective from 24 November 2020 – with changes to the Premium Bonds prize-fund rate effective for the December 2020 prize draw. NS&I today announced interest rate reductions,…

NS&I today announces interest rate reductions across its fixed and variable savings products, effective from 1 May 2020 Changes will ensure NS&I’s interest rates are positioned appropriately against those of its competitors and help NS&I to strike a balance between the needs of its savers, taxpayers and broader market stability The interest rate changes, effective from 1 May 2020, reflect the fact that due to exceptionally low gilt yields, the measure NS&I uses for tracking…

NS&I’s 1-year and 3-year Issues of Guaranteed Growth Bonds and Guaranteed Income Bonds are no longer on general sale Interest rates on new Issues of Guaranteed Growth Bonds, Guaranteed Income Bonds and Fixed Interest Savings Certificates for customers with maturing investments will be reduced by 25 basis points across all terms NS&I delivers £2 billion of Net Financing and returned a Value Indicator figure of -£119 million in Q1 2019-20 NS&I is today (2 September 2019)…

NS&I has announced that it is increasing interest rates on both its Junior ISA and Direct ISA. Interest rates paid on Junior ISA will be increasing by 75 basis points from 2.50% AER to 3.25% AER. In addition, the interest rate paid on Direct ISA will be increasing by 15 basis points from 0.75% AER to 0.90% AER.

Customers will continue to benefit from inflation beating returns, tax-free interest and the 100% security that comes with NS&I products. From 1 May 2019, existing holders of Index-linked Savings Certificates who renew into a new term will receive index-linking based on the Consumer Prices Index (CPI) measure of inflation, rather than the Retail Prices Index (RPI).

NS&I today announced that it is increasing interest rates across the following variable rate products from 1 October 2018.