NS&I Green Savings Bond - 3.00% fixed for 3 years

sausage_time

Issue 3: 3.00% gross/AER, fixed for 3 years.   Somewhat tempting, taxable of course.

SJMALBA

Are you aware that 3+% is available elsewhere for 1 year FRBs? Or is the 'green' element attracting your interest?

trickydicky14

You can get 3.45% now on a 3 year, and I would think that's only going to go up over the next 6 months.

InvesterJones

Is the interest paid annually, or just a lump sum in the same tax year at the end?

ColdIron

The NS&I website is a great resource for these sorts of questions

https://www.nsandi.com/products/green-savings-bonds

Daliah

sausage_time said:

Issue 3: 3.00% gross/AER, fixed for 3 years.   Somewhat tempting, taxable of course.

3.21% for a 1 year fix, and interest rates still on the up… https://moneyfacts.co.uk/savings-accounts/fixed-rate-bonds/

Stubod

..I would not "fix" at the mo. as rates seem to be going up daily...

km1500

all 3 year's interest is paid (and taxable) in year 3

so kind of them ...

masonic

Wow, if I had any index linked savings certificates, I'd definitely be cashing them in to buy some of these.

Daliah

masonic said:

Wow, if I had any index linked savings certificates, I'd definitely be cashing them in to buy some of these.

You and me both 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Albermarle

Daliah said:

sausage_time said:

Issue 3: 3.00% gross/AER, fixed for 3 years.   Somewhat tempting, taxable of course.

3.21% for a 1 year fix, and interest rates still on the up… https://moneyfacts.co.uk/savings-accounts/fixed-rate-bonds/

AFAIK, NS & I have a brief not to compete head on with commercial savings institutions, so they will never be at the top of the savings tables. On the other hand if you compare them with other very well known, large players ( like Barclays etc ) they have generally better rates. Even PB's 1.4% easily beats the big banks easy access accounts.

Your average member of the public will be happier with their money at 3% in NS& I, than with some small bank they have never heard of.