Results
NS&I increases interest rates and issues provisional Q1 2018-19 results
NS&I today announced that it is increasing interest rates across the following variable rate products from 1 October 2018.
NS&I reduces interest rate on Direct ISA
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 increases interest rate on Junior ISA
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).
A boost for savers: NS&I increases interest rates
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 reduces interest rates
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.
NS&I increases prize fund rate for Premium Bonds
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 announces changes to its Income Bonds
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 reduces interest rate on Premium Bonds
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.