Heads up for NS&I Premium bond holders & other NS&I products

5 replies
Found 7th Feb
Premium bonds prize rates are to be slashed by 01-May-2017 from 1.25% to 1.15%

Other NS&I products affected from 01-May-2017: Direct ISA (1% to 0.5%), Direct Saver (0.8% to 0.7%), Income Bonds (1% to 0.75%)

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Other NS&I products affected from 01-May-2017: Direct ISA (1% to 0.5%), Direct Saver (0.8% to 0.7%), Income Bonds (1% to 0.75%)

At those rates is it really even worth saving at all? Better off keeping your money under the mattress lol.

not really unexpected is it , everywhere is pretty much the same so I guess you just have to grit your teeth and bear it .... anyway I seem to be on a bit of a ' winning ' streak with premium bonds at the minute so can't complain too much

It's frustrating but no surprise. Any idea when interest rates will rise again? I'm guessing a long time X)

joshp

It's frustrating but no surprise. Any idea when interest rates will rise … It's frustrating but no surprise. Any idea when interest rates will rise again? I'm guessing a long time X)


Tomorrow afternoon, at 4:15.
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