Re-Investing in an NS&I Account

cyclewalkbob · 2 February 2011 at 6:21PM

My 3 year NS&I savings account at 1.35% above RPI ends in February.

They have offered me a further extension for 3 years at 1% over RPI

As a higher tax payer - not for long- I thin this is as good a deal I can get at the moment.

What are your views?

Blobby8_2 · 2 February 2011 at 6:25PM

cyclewalkbob wrote: »

My 3 year NS&I savings account at 1.35% above RPI ends in February.

They have offered me a further extension for 3 years at 1% over RPI

As a higher tax payer - not for long- I thin this is as good a deal I can get at the moment.

What are your views?

I agree, unless you fancy gold or shares (mine will be staying where it is)

Sceptic001 · 2 February 2011 at 6:34PM

Inflation-proofing and near-instant access. Tax-free. RPI currently 4.8% and rising. No-brainer!

soulsaver · 2 February 2011 at 8:14PM

It's as good a deal you can get at the moment even as standard rate tax payer unless you want to take on some (more) risk. I'll definitely be rolling it over.