NSI

Your country needs YOU to… stash your cash in NS&I

by

The nation’s savers are being offered top rates in an effort to line the Government’s coronavirus war chest. Despite interest rates plunging to record lows, National Savings and Investments (NS&I) has gone against the grain and abandoned plans to cut rewards which would have cost savers £200 million. The Treasury-backed bank says the U-turn is … Read more

NS&I reverses next month’s planned cuts to Premium Bonds in win for savers

by

NS&I axes planned brutal rate cuts for 21m Premium Bond holders and other easy-access savings accounts – but fixed-rates will still plummet More than 21m people hold Premium Bonds which were due to be less generous The odds on a £1 Bond winning a prize were due to lengthen to 26,000 to 1 The number … Read more

NS&I confirms Premium Bond millionaires still had visits from Agent Million

by

How did Agent Million deliver the jackpot news to April’s Premium Bond winners during coronavirus? NS&I confirms ‘secret plan’ Every month, two Premium Bond holders win £1m They are given the good news in person by an Agent Million We asked NS&I whether it was still visiting people in person to let them know It … Read more

NS&I and Marcus Bank cut rates – what’s the point of saving? This is Money podcast

by

NS&I and Marcus Bank cut rates – what’s the point of saving? The This is Money podcast By This Is Money Published: 16:30 GMT, 21 February 2020 | Updated: 16:30 GMT, 21 February 2020 This week, savings have been in the spotlight with National Savings and Investments cutting rates on a number of its offerings, … Read more

NS&I slashes interest rates and Premium Bond prizes affecting 25m savers

by

Dismay for 25million savers as NS&I slashes rates as low as 0.6% – and halves monthly winners of £50 and £100 prizes on Premium Bonds From May an estimated 13,448 £50 and £100 prizes will be handed out This is half as many as were given out in the recent draw Overall there will be … Read more