Bruce Banner Posted November 27, 2017 Share Posted November 27, 2017 Just got an email from NS&I. Dear Mr Banner, Following the recent increase in the Bank of England base rate from 0.25% to 0.50%, we are pleased to let you know that we are increasing interest rates on our variable rate accounts from 1 December 2017. Please see below for details: Quote Link to comment Share on other sites More sharing options...
renting til I die Posted November 27, 2017 Share Posted November 27, 2017 (edited) ......and they are raising they rates to.....? *tumpets!* Edited November 27, 2017 by renting til I die Quote Link to comment Share on other sites More sharing options...
longgone Posted November 27, 2017 Share Posted November 27, 2017 premium bond winning percentage gone up as well Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted March 9, 2018 Author Share Posted March 9, 2018 It's going in the right direction. NS&I have just announced a new 3 year Guaranteed Growth Bond for between £500 and £1M, interest rate 1.95% fixed for 3 years. Quote Link to comment Share on other sites More sharing options...
JDI Posted March 9, 2018 Share Posted March 9, 2018 1 hour ago, Bruce Banner said: It's going in the right direction. NS&I have just announced a new 3 year Guaranteed Growth Bond for between £500 and £1M, interest rate 1.95% fixed for 3 years. I disagree that this is the right direction. I'm a saver, so unless the below article is incorrect, or this is a different product, then I'm sure I'm not the only one who's unhappy about the lower rates offered. http://www.thisismoney.co.uk/money/saving/article-5467745/NS-cuts-rate-three-year-fixed-savings-accounts.html Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted March 9, 2018 Author Share Posted March 9, 2018 4 hours ago, Just_Do_It said: I disagree that this is the right direction. I'm a saver, so unless the below article is incorrect, or this is a different product, then I'm sure I'm not the only one who's unhappy about the lower rates offered. http://www.thisismoney.co.uk/money/saving/article-5467745/NS-cuts-rate-three-year-fixed-savings-accounts.html This is Money have completely missed the point, as usual . The 2.2% bond is still available but the maximum investment is £3,000, whereas you can put up to a mil in the new 1.95% bond. We're over 65 but we never bothered with the pensioner bonds due to the small amounts allowed. Quote Link to comment Share on other sites More sharing options...
JDI Posted March 9, 2018 Share Posted March 9, 2018 NS&I allowed a mil in the last bond at 2.2%, they don't have links to historical rates, but here's a review from which (December 2017) comparing the bond with accounts requiring 25k: https://www.google.com/amp/s/www.which.co.uk/news/2017/12/nsi-guaranteed-growth-income-bonds-back/%3famp_markup=1#ampshare=https://www.which.co.uk/news/2017/12/nsi-guaranteed-growth-income-bonds-back/ Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted March 9, 2018 Author Share Posted March 9, 2018 I must have missed that one. Quote Link to comment Share on other sites More sharing options...
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