NS&I. How long to invest

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  • Catswhiska
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    ColdIron wrote: »
    The point others are making is that if you take out the 3 year option at 2.15% and cash them in after 1 year you are still getting a better rate of interest (the equivalent of about 1.6%) than the 1.45% offered on the 1 year option. The penalty reduces further the longer you keep them

    That explains things and was the answer I was looking for. Many thanks
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