NS&I Increases Rates on Income Bonds and Savings Accounts

Thursday, 30 May 2024, 13:50

In a surprising move, NS&I quietly boosted the rates on two of its savings accounts, including its income bonds. The announcement, which was initially planned to be highlighted last week, was delayed due to the unexpected election announcement. This update comes as good news for savers looking to maximize their returns amidst a challenging economic environment.

https://store.livarava.com/12a82377-1e8d-11ef-a3e7-9d5fa15a64d8.jpg — NS&I Increases Rates on Income Bonds and Savings Accounts

NS&I Increases Rates on Savings Accounts

NS&I recently made a notable change to two of its savings accounts, including the popular income bonds. This adjustment was intended to attract more savers seeking higher returns.

Delayed Announcement Due to Election

The changes were set to be formally announced last week but were delayed by the unexpected election announcement. This shift in timing resulted in the changes being implemented quietly instead.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

NS&I Increases Rates on Savings Accounts

Delayed Announcement Due to Election

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