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.

Premium Bonds take a quantum leap as new random number generator, ERNIE 5, picks two new jackpot winners for March

Premium Bonds take a quantum leap as new random number generator, ERNIE 5, picks two new jackpot winners for March
ERNIE has regenerated for the first time in 15 years, and is using quantum technology to generate random numbers. NS&I has also become one of the UK's first financial organisations to create an Alexa Skill, giving Premium Bonds customers another way to check their prizes.