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Are NS&I totally safe?

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  • Several of the NS&I products are, in fact, unsung heroes.

    Agreed some look very good, unfortunately their instant/easy access products do seem to offer very poor rates compared to other places.

    I'm tempted by their Index Linked savings certs for some of my money, just wary of the whole "no interest" should I need to touch it within the first couple of years.
  • RayWolfe
    RayWolfe Posts: 3,045 Forumite
    1,000 Posts Combo Breaker
    amcluesent wrote: »
    Obviously families pauperised by 3.5% undated 'war loan' will have a view about the risk of loaning to 'safe as houses' HMG :(
    Pauperised?
    I think this goes back to 1916 ... and yet they are still paying the promised interest rate until the original holder dies when full repayment is made. As Cook County said, inflation is not protected on all of NS&Is offerings.
    I guess you could go back to the middle ages and find something terrible happened ...
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