07 Aug 2021
NS&I reduce rates payable on Income Bonds and Direct Savers
December 2020
NS&I have reduced the rates payable on their Income Bond and Direct Saver savings products from November 2020. These rates previously were paying 1.15% and 1.00% respectively, and are now paying 0.01% and 0.15% respectively. These products have long been a go-to for lawyers and those in positions with a duty of care, such as attorneys and deputy’s, due to the 100% guarantee offered by HM Treasury.