Ns And I Growth Bonds

National savings and investments ns i will re issue its popular guaranteed growth and income bonds later this year but the way you can use the products will fundamentally change. But the key change is the amount you can invest has been drastically reduced down from 1 million to 10 000. You can cash in your bond at the end of the 3 year term with no penalty.

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Interest Rates Ns I

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Guaranteed Growth Bonds Ns I Adviser

Ns I Put The Brakes On Investments For Their Growth And Income Bonds

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Investment guaranteed growth bonds are designed to be held for the whole of the 3 year investment term.

Ns and i growth bonds. The changes to our fixed term products are as a consequence of a number of factors. Faqs about guaranteed growth bonds why has ns i taken guaranteed growth bonds off of general sale and reduced the interest rate on all terms of it by 25 basis points. You can also cash in before that but we will deduct a penalty from your payment equivalent to 90 days interest on the amount cashed in. Ns i s guaranteed growth bond continues to offers savers 1 5 aer for one year or 1 95 aer over three years while its guaranteed income bond continues to offer 1 46 aer for one year and 1 92 aer for three years.

Log in or call us at any time with your ns i number and password to hand. Find out how long it takes to receive your payment. Ns i is reducing the maximum purchase limit for new sales of 1 and 3 year terms of guaranteed growth bonds and guaranteed income bonds from 1 million to 10 000 20 000 jointly from today 11 june 2018. While customers investing in the bonds will have a 30 day cooling off period at the start they will no longer have the option to withdraw their funds early.

How to cash in. Log in call us. The current interest rate of the 1 and 3 year issues of guaranteed growth bonds and guaranteed income bonds will remain unchanged. Bonds that started on or after 1 may 2019.

Or complete a cashing in form and send it to us. When you cash in part of a bond at least 500 must remain in the bond to keep it open.