MSE News: NS&I to close three-year Investment Bond applications today

NS&I to close three-year Investment Bond applications today
...

Comments

  • AndyPK
    AndyPK Posts: 4,241 Forumite
    First Anniversary First Post
    maybe 1 day or 2 days notice would have been better.

    I thought they had dropped the rate ?????
  • ColdIron
    ColdIron Posts: 8,995 Forumite
    First Anniversary Name Dropper Photogenic First Post
    They have on the Guaranteed Growth Bonds (the ones you can deposit > £3K into) but the article is about the Investment Guaranteed Growth Bonds
  • IanManc
    IanManc Posts: 2,079 Forumite
    First Anniversary First Post Combo Breaker Name Dropper
    AndyPK wrote: »
    maybe 1 day or 2 days notice would have been better.

    I thought they had dropped the rate ?????

    They gave a year's notice of this product's withdrawal - when it was launched it was announced that it would be available for a year, ending today.
  • Zanderman
    Zanderman Posts: 4,676 Forumite
    First Anniversary Name Dropper Photogenic First Post
    Mrs Zanderman just tried to open one of these, via an existing NS&I login. The website is slow, random error messages appear and the final screen, how much are you paying in, hangs on a ridiculous error message asking for a 'term' to be picked, from a non-existent list (and anyway the term is fixed 3 years, so it's a pointless question). Has happened multiple time on multiple browsers. We conclude that the NS&I site is, er, overloaded.
  • AndyPK
    AndyPK Posts: 4,241 Forumite
    First Anniversary First Post
    IanManc wrote: »
    They gave a year's notice of this product's withdrawal - when it was launched it was announced that it would be available for a year, ending today.



    I was referring to MSE not NS&I
  • Audaxer
    Audaxer Posts: 3,506 Forumite
    First Anniversary Name Dropper First Post
    ColdIron wrote: »
    They have on the Guaranteed Growth Bonds (the ones you can deposit > £3K into) but the article is about the Investment Guaranteed Growth Bonds
    It's good that the Guaranteed Growth Bonds are still available, albeit the rate in the most recent issue is down to 1.95% for 3 years. Still not bad as savings rate go with a maximum limit per person of £1m.
  • ColdIron
    ColdIron Posts: 8,995 Forumite
    First Anniversary Name Dropper Photogenic First Post
    I opened one at the beginning of December with plans to open another this week but got caught out by the rate drop, gotta be quick. Still, I got a 1 year fix with Investec at 1.9% so I'm not grizzling
  • Audaxer
    Audaxer Posts: 3,506 Forumite
    First Anniversary Name Dropper First Post
    ColdIron wrote: »
    I opened one at the beginning of December with plans to open another this week but got caught out by the rate drop, gotta be quick. Still, I got a 1 year fix with Investec at 1.9% so I'm not grizzling
    I opened one in January at 2.2%, and I was thinking of putting more in but then saw the rate had dropped to 1.95%, but I really should transfer some more cash savings in before the rate drops again.
  • 1Amigo
    1Amigo Posts: 28 Forumite
    First Post First Anniversary Combo Breaker
    What will us stricken savers do now that this lifeline is being taken away?
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 343K Banking & Borrowing
  • 250K Reduce Debt & Boost Income
  • 449.6K Spending & Discounts
  • 235.1K Work, Benefits & Business
  • 607.7K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards