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NS&I Index Linked Cert Interest?

Hi, without me having to dig out my certicate and give NS&I a call, can anyone confirm what happens to the interest accrued during the 5 year certificate period, as I paid in to one in May last year when they were on release so it is likely that I've gained a years interest by now, but not sure if it just stays on the certificate or is paid to me?

Comments

  • hermante
    hermante Posts: 599 Forumite
    Part of the Furniture 500 Posts Name Dropper
    You will get it when you cash out or at the end of the fixed term.
  • If I remember correctly if you cash out within 12 months you lose any interest accrued. Any time after this you will get it.
    Thinking critically since 1996....
  • ian-d
    ian-d Posts: 371 Forumite
    hermante wrote: »
    You will get it when you cash out or at the end of the fixed term.

    Many thanks, the term is 5 years but I've passed 1 year now assume I'm accruing interest. Shame you can't check certificates on the NS&I banking system but at least they have a calculator to give an idea of how much it has made so far.
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