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NS&I 1 Year Guaranteed Growth Bonds and Guaranteed Income Bonds at 6.20%

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Comments

  • Swipe
    Swipe Posts: 5,577 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Issue 72 is not available to open yet from within my account. I'll try again tomorrow.
  • ColdIron
    ColdIron Posts: 9,765 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 30 August 2023 at 11:59AM
    southone said:
    so you can only max out the faster payment limits or debit card card one? how would you get the max 1 million in or a larger figure
    They provide a number of ways to pay including bank transfer, open banking and transfer from a direct saver
    I've never tried to pay in a million
  • ColdIron
    ColdIron Posts: 9,765 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    edited 30 August 2023 at 11:47AM
    Swipe said:
    Issue 72 is not available to open yet from within my account. I'll try again tomorrow.
    I got as far as the payment section when I stopped as I won't have the cash until tomorrow (Coventry)
  • Albermarle
    Albermarle Posts: 27,537 Forumite
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    southone said:
    so you can only max out the faster payment limits or debit card card one? how would you get the max 1 million in or a larger figure
    Although many posters on here have significant assets, I do not think many will have experience of depositing One Million Pounds in a savings account with any provider.
  • southone
    southone Posts: 196 Forumite
    Third Anniversary 100 Posts Name Dropper
    ColdIron said:
    southone said:
    so you can only max out the faster payment limits or debit card card one? how would you get the max 1 million in or a larger figure
    They provide a number of ways to pay including bank transfer and open banking
    I've never tried to pay in a million
    https://www.nsandi.com/help/ways-to-pay

    I wasn't wanting to pay in a million (only in my dreams) but limited to 25k from what i could make out and as am selling house at moment and am looking for a account with income from it, its a fair bit over my limits, how long once opened to make transfers as i cant find that of FAQ
  • ColdIron said:
    Swipe said:
    Issue 72 is not available to open yet from within my account. I'll try again tomorrow.
    I got as far as the payment section when I stopped as I won't have the cash until tomorrow (Coventry)
    So can you do that?

    I won't have the money available (the required amount for me at least) till 4th Sept.

    Can you go so far then pause?
  • Rudyson
    Rudyson Posts: 345 Forumite
    Part of the Furniture 100 Posts Name Dropper
    ColdIron said:
    Swipe said:
    Issue 72 is not available to open yet from within my account. I'll try again tomorrow.
    I got as far as the payment section when I stopped as I won't have the cash until tomorrow (Coventry)

    Me too, but I think Coventry's cash will arrive the day after tomorrow
  • ColdIron
    ColdIron Posts: 9,765 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    southone said:
    ColdIron said:
    southone said:
    so you can only max out the faster payment limits or debit card card one? how would you get the max 1 million in or a larger figure
    They provide a number of ways to pay including bank transfer and open banking
    I've never tried to pay in a million
    https://www.nsandi.com/help/ways-to-pay
    I wasn't wanting to pay in a million (only in my dreams) but limited to 25k from what i could make out and as am selling house at moment and am looking for a account with income from it, its a fair bit over my limits, how long once opened to make transfers as i cant find that of FAQ
    AFAIK you pay in at the time of opening. You can transfer from a direct saver if you have one. I've always used a debit card to fund NS&I accounts (though my provider allowed £100,000 for a direct saver many years ago)
    You can open multiple bonds
  • Swipe
    Swipe Posts: 5,577 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Swipe said:
    Issue 72 is not available to open yet from within my account. I'll try again tomorrow.
    OK, I managed to open one using the 'open new bond' link from my existing bond section and funded it from my direct saver. That should average up my issue 70 now rubbish 4% rate that's due to mature in February.
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