MSE News: NS&I inflation-beating savings to return

50Twuncle

Has anyone got an update to this yet ?
I have registered on-line but have no idea what rates will be offered on what savings limit

Biggles

21Twinkle wrote: »

I have registered on-line but have no idea what rates will be offered on what savings limit

Nobody has. No more information may be known for months.

cslogg

I am not sure what to do here.
It is coming up to the time of the year when I have to decide where to put my ISA money.
I have a Barclays Golden ISA of £5k + which ends in a couple of weeks. I was going to move it to an ISA that accepts transfers and then add my 2011-2012 entitlement.Now on learning about the NS&I bonds coming back I am tempted by them.
I cannot do both.

cslogg

le_loup

Welcome to the club.

Biggles

Well, you've got till 5 Apr 12 to decide about the ISA. I'm sure we'll know about the new ILSCs by then!

gadgetmind

I'm going to do my ISAs as usual, but I nearly always put everything into S&S ISAs rather than cash.

However, I do have a bit to invest outside of ISAs and I now can't decide whether to do ITs/shares or wait a bit to grab a pair of NS&I bonds. I was previously this close -> <- to putting 2x£15k into NS&I when they cancelled everything. :-(

poppy10_2

gadgetmind wrote: »

I'm going to do my ISAs as usual, but I nearly always put everything into S&S ISAs rather than cash.

However, I do have a bit to invest outside of ISAs and I now can't decide whether to do ITs/shares or wait a bit to grab a pair of NS&I bonds.(

Diversification is the key. If you've already got everything in stocks and shares, it's worth having some bonds to balance the risks. You might not earn as much as you could in the stock market, but your money is 100% guaranteed, and you know you will at least beat inflation.

50Twuncle

How long would someone have to tie their money up - and what access would they have to it - plus when would the interest be paid - annually or at withdrawl ?
These questions need asking first .....

poppy10_2

21Twinkle wrote: »

How long would someone have to tie their money up - and what access would they have to it - plus when would the interest be paid - annually or at withdrawl ?
These questions need asking first .....

For the previous issues -
You can invest for a 3 or a 5 year term.
You can withdaw your money at any time (but lose out on the index-linking if youdon't hold it for the whole term)
Interest is paid on an annual basis, rising over the term

Biggles

poppy10 wrote: »

You can withdaw your money at any time (but lose out on the index-linking if you don't hold it for the whole term)

You only lose out on the index-linking (and the interest) if you cash in before the first anniversary.