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More than 333,000 NS&I Direct ISA customers are set to benefit from today, with the interest rate NS&I pays on the account increasing from 2.15% tax-free/AER to 2.40% tax-free/AER. The increase to the interest rate paid on NS&I’s Direct ISA follows upwards changes made to Premium Bonds, Income Bonds and Direct Saver earlier this year. In February this year, NS&I also brought one-year Guaranteed Growth Bonds and Guaranteed Income Bonds back on sale.

This month’s £1 million Premium Bonds jackpot winners come from Nottingham and Sefton, with Agent Million visiting both winners in person to let them know about their life-changing win. The first Bond number drawn was 350FG197341 and it belongs to a winner based in Nottingham. This winner purchased their winning Bond in January 2019 and holds £50,000 in Premium Bonds. The second £1 million jackpot winner is based in Sefton, Merseyside. Their winning Bond number is 371JL524811 and it was…

The Chancellor of the Exchequer has appointed Dax Harkins as the new Chief Executive of National Savings and Investments (NS&I). Mr Harkins has been the Acting Chief Executive since March 2023 and was given the role on a permanent basis after an open recruitment exercise – in line with the Civil Service Commission’s recruitment principles and procedures.

  It was no April Fool’s this month when Agent Million visited two Premium Bonds holders in Somerset and Croydon to let them know that they had won the jackpot prize of £1 million. The first Bond number drawn was 236TZ340702 and is held by a winner based in Somerset. The winner holds £50,000 in Premium Bonds and purchased their winning Bond in December 2014. April’s second Premium Bonds millionaire is based in Croydon and holds Bond number 503VL397852. The winner has £25,000 in…

Q3 2022-23 Net Financing of £0.5 billion As of 31 December 2022, Net Financing total of £3.9 billion, against a whole-year target of £6 billion (+/- £3 billion) 2022-23 Net Financing whole-year forecast is £6.1 billion (excluding Green Savings Bonds) 2023-24 Net Financing target: £7.5 billion (+/- £3 billion) NS&I today published its unaudited quarterly results for the third quarter of the financial year 2022-23 (October-December 2022).

Over £25 billion in Premium Bonds prizes have now been paid out to winners since the first ever draw in 1957, as March’s £1 million jackpot winners are announced as coming from Nottinghamshire and Oxfordshire. A record £330 million will be paid out in prizes in this month’s draw thanks to the increase in the prize fund rate to 3.30%, the highest rate in over 14 years, and the fifth increase to the prize fund rate that NS&I has made in less than a year.

  • Premium Bonds prize fund rate increases to 3.30% from March 2023 draw • Fifth prize fund rate increase for Premium Bonds in the last year • Interest rate increases for Direct Saver and Income Bonds to 2.85% with immediate effect   The Premium Bonds prize fund rate is increasing to 3.30%, up from 3.15%, effective from next month’s draw, meaning around £15 million more in prizes up for grabs.

  New NS&I Green Savings Bonds Issue released today at a fixed-rate of 4.20% gross/AER over a three-year term Money invested in Green Savings Bonds will help finance green projects as part of the UK Government Green Financing Framework A new Issue of NS&I’s Green Savings Bonds has been released today paying 4.20% gross/AER fixed-rate over a three-year term. Savers putting money into Green Savings Bonds will be helping fund vital green projects across the UK as part of the UK…

New Issues of one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds are on sale from today at 4.00% gross/AER and 3.90% gross/3.97% AER respectively Close to half a million existing NS&I customers may also benefit from interest rate increases for Guaranteed Growth Bonds, Guaranteed Income Bonds and Fixed Interest Savings Certificates NS&I is bringing back on sale its one-year fixed rate Guaranteed Growth Bonds and Guaranteed Income Bonds and increasing interest…

Five hundred Premium Bonds holders have now been made millionaires since the £1 million jackpot prize was first introduced in 1994 thanks to February’s landmark draw. Agent Million delivered the life-changing news to the February winners based in Sefton in Merseyside, and Sheffield. The jackpot winning numbers were drawn by the fifth incarnation of ERNIE, NS&I’s famous random number generator.