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NS&I Guaranteed Growth Bond

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Comments

  • RG2015
    RG2015 Posts: 6,090 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    xiox wrote: »
    I've looked at the current information sheet, and there's now no mention of a £3000 limit:
    https://www.nsandi.com/guaranteed-growth-bonds
    It seems that the limit is now £1M.
    The 2.20% Investment Guaranteed Growth Bond was launched on 11th April 2017 and was limited to £3,000 per person. This will be available until 10th April 2018.

    The new Guaranteed Growth Bond which is also 2.20% was launched on 30th November 2017 and has a ceiling of £1 million per person. I imagine that this may be withdrawn at any point.
  • tara747
    tara747 Posts: 10,238 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Thanks everyone! I've shifted most of my savings into these bonds, the return is below inflation but beats just about every other deposit account on the market. The Treasury backing also gives a measure of reassurance in these uncertain times.
    Get to 119lbs! 1/2/09: 135.6lbs 1/5/11: 145.8lbs 30/3/13 150lbs 22/2/14 137lbs 2/6/14 128lbs 29/8/14 124lbs 2/6/17 126lbs
    Save £180,000 by 31 Dec 2020! 2011: £54,342 * 2012: £62,200 * 2013: £74,127 * 2014: £84,839 * 2015: £95,207 * 2016: £109,122 * 2017: £121,733 * 2018: £136,565 * 2019: £161,957 * 2020: £197,685
    eBay sales - £4,559.89 Cashback - £2,309.73
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