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NSI index-linked savings - maturity options

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Comments

  • Rollinghome
    Rollinghome Posts: 2,722 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    redbuzzard wrote: »
    In fact, thinking about it, I might be a buyer at RPI minus 0.15% too
    Steady on, you'll give them ideas.

    A negative rate wouldn't look too good but every chance future offers could track CPI rather than RPI - so another reason to convert 3 year certs on maturity to 5 year with the option of coming out after 3 for just a small penalty.
  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    le_loup wrote: »
    No longer true.

    well mine that rolled over two weeks ago certainly said it - something wrong here

    fj
  • le_loup
    le_loup Posts: 4,047 Forumite
    You now lose 90 days interest and the current year's RPI.
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Yes. I just split my NS&I reinvestment into two, half in the 3 and half in the 5 year and got them to send me the loose change back.

    For this very reason. If i needed some money back (for say an emergency) then there would be less of a penalty to pay.:T

    How lucky you are: some months ago I phoned to ask how I could instruct that and was told that it was forbidden. How did you manage to do it?
    Free the dunston one next time too.
  • Many thanks for the replies :beer:

    I've decided to take your advice and let it roll over for another 3 years :)
    No longer trainee :o
    Retired in 2012 (54) :)
    State pension due 2024 (66) :(
  • kidmugsy wrote: »
    How lucky you are: some months ago I phoned to ask how I could instruct that and was told that it was forbidden. How did you manage to do it?


    Just filled out the form! (and then crossed my fingers).

    nsandiint.png

    It did take some weeks to come back, but it worked !

    FWIW. I scan all the forms I fill out for future reference
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I'll try that next time.
    Thanks.
    Free the dunston one next time too.
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