Ns&i index linked savings certificates

wishingthemortgaheaway

alanq wrote: »

Are you sure you read that correctly? The only thing I have read similar to this concerned NS&I Guaranteed Growth Bonds and Guaranteed Income Bonds not Savings Certificates.
https://forums.moneysavingexpert.com/discussion/5982604/ns-i-will-no-longer-allow-early-withdrawal-on-new-bonds

Not entirely sure no, I read something along those lines and assumed it applied to my product.

(I'm not coming across as very intelligent on this thread am I? - I know nothing about financial stuff)

wishingthemortgaheaway

polymaff wrote: »

I don't immediately see the relevance of a December 2017 rate. ILSCs are variable rate products.

No-one can tell you what a reinvestment will earn until the end of the computation year - but at present that coupon is 2.5%, soon falling to 1.8%

The information sent with the forms used December 2017 as the example of RPI + 0.01% so us mere mortals had some clue about what the rate may be. I'm sure I could do an internet search for current RPI rate, just haven't done it yet.

polymaff

wishingthemortgaheaway wrote: »

The information sent with the forms used December 2017 as the example of RPI + 0.01% so us mere mortals had some clue about what the rate may be. I'm sure I could do an internet search for current RPI rate, just haven't done it yet.

wishingthemortgaheaway wrote: »

I'm not coming across as very intelligent on this thread am I?

You said it.