NS&I is reducing the interest rate on its Direct ISA by 25 basis points from 1.00% tax-free/AER to 0.75% tax-free/AER from 24 September 2018. The decision to reduce the interest rate on Direct ISA was taken in order to deliver positive value for taxpayers.
NS&I has today increased the interest rate on its Junior ISA by 25 basis points to 2.50% tax-free/AER.
NS&I reduces interest rate for new customers purchasing 3-year Guaranteed Growth Bonds and Guaranteed Income Bonds
NS&I is reducing the interest rate for 3-year terms of Guaranteed Growth Bonds and Guaranteed Income Bonds by 25 basis points from today (6 March 2018).
NS&I has today announced that it is increasing interest rates across its variable rate product range, including Premium Bonds, from 1 December.
NS&I has today announced that it is reducing interest rates on four of its variable rate products. This follows reductions in interest rates across the savings market after the Bank of England’s reduction of the base rate by 25 basis points, to 0.25% in August 2016.
Following the announcement in the 2014 Budget that NS&I would help support savers by increasing the Premium Bonds investment limit to £40,000, and increase the number of £1 million prizes from one to two, NS&I has announced that the Premium Bonds annual prize fund rate will increase from 1.30% to 1.35% from 1 August 2014.
NS&I today announced changes to its Income Bonds. The changes are part of the final stage of NS&I’s programme to simplify and modernise its savings range, and to grow the number of customers transacting with it directly by post, phone and online.
NS&I today announced that it was reducing the annual Premium Bond prize fund rate by 0.20% to 1.30%1 from 1 August 2013. The odds of each £1 Bond number winning a prize will change to 26,000 to 1 from 24,000 to 1.
NS&I today announced that it was reducing the interest rate on its Income Bonds to 1.25%, its Direct Saver to 1.1% and its Direct ISA to 1.75%.
Interest rate reduction on NS&I's Direct ISA, reflecting market trend to lower rates on similar products.