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Budget 2017: New Investment Bond will pay 2.2%
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MSE_Luke
Posts: 295 MSE Staff
The Chancellor has confirmed the details of the three-year Government-backed investment bond, which will pay 2.2%...
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'Budget 2017: New Investment Bond will pay 2.2%'
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'Budget 2017: New Investment Bond will pay 2.2%'
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Comments
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Seriously, is it really worth it for a maximum investment of £3,000?
It certainly doesn't excite me at the moment, but it might do others...........Saved Nitty Gritty £7440.75 [149%] / £5000-[Sep] £58.44:starmod: for the 'Save 12k in 2017' #157
2017 Womble #35 £3463.27
Sept NSDs 4/15:staradminCCCChl 9/12 months:DSept PPChl#002 Pts 71 0 -
I'll stick with my 3% Tesco account...Remember the saying: if it looks too good to be true it almost certainly is.0
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When you've put your £3k in the NS&I Investment Bond you might want another one for the rest of your life-savings. Handily, the top search result from Google is for an Investment Bond which will accept deposits of £250k courtesy of Castle Trust:eek:. Fantastic marketing for them.0
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This gives a cracking return of £66 a year. Or £36 a year more than similar competing easy-access savers. :eek:Seriously, is it really worth it for a maximum investment of £3,000?
It certainly doesn't excite me at the moment, but it might do others...........
I wonder who is the target customer for this.0 -
Somebody who's desperate for £30 per year?0
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veryintrigued wrote: »Earlier today you were posting about winning £25 on premium bonds.
And your point is?0 -
This gives a cracking return of £66 a year. Or £36 a year more than similar competing easy-access savers. :eek:
I wonder who is the target customer for this.
My competing easy access account pays 3%, somewhat better than this as well as giving me full current account facilities with instant access, cash and VISA debit card.
Maybe use Halifax? Then you can get £36 without tying your money up at all.Somebody who's desperate for £30 per year?Remember the saying: if it looks too good to be true it almost certainly is.0 -
People can wait until this time next year: by then the interest might look good or it might look woeful.Free the dunston one next time too.0
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