More than a million savers with National Savings and Investments face changes when they come to renew their accounts from 1 May.
Savers with larger deposits will be unhappy that NS&I has slashed the ceiling on its deposits.
The change relates to NS&I’s one- and three-year guaranteed growth and income bonds. Previously, savers were able to deposit up to £1 million with these products. Now however, NS&I have slashed this limit to just £10,000. This is effective immediately.
NS&I has cut the rate it pays new customers on its three-year guaranteed growth and guaranteed income bonds.
Pensioners are being urged to check their maturing savings accounts with National Savings and Investments.
NS&I has today reintroduced one-year and three-year guaranteed growth bonds and guaranteed income bonds.
National Savings & Investments (NS&I) is to withdraw children’s bonds from sale as it launches a new Junior Isa product.
We round-up the winners and losers from the chancellor Philip Hammond’s first and last Spring Budget.
One of the rabbits pulled out of chancellor Philip Hammond's hat is the announcement of a new market-leading three-year savings bond.
National Savings & Investments (NS&I) has announced a cut on its easy-access Direct Isa to take effect from February 27 next year. The rate falls to 1.5 per cent from its current 1.75 per cent.
National Savings & Investments (NS&I) is to cut the premium bond prize fund rate from 1.5 per cent to 1.3 per cent from 1 August 2013, meaning it will be harder to win a monthly prize.