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

ColdIron

Highest ever rate and a big leap from 5.00%

https://nsandi-corporate.com/news-research/news/nsi-offers-highest-ever-interest-rate-one-year-fixed-rate-guaranteed-growth

Sg28

Wow bucking the trend too! I reckon these will go quick.

Albermarle

ColdIron said:

Highest ever rate and a big leap from 5.00%

https://nsandi-corporate.com/news-research/news/nsi-offers-highest-ever-interest-rate-one-year-fixed-rate-guaranteed-growth

6.2% is 0.2% above the next best rate available. However 4.95% after tax, so around 0.75% below the best one year fixed rate ISA, if you have any isa allowance left of course.

Rheumatoid

Still showing as 5% for me

sparkiemalarkie

Still showing as 5% on the website but 6.20% on the summary info
sx

ColdIron

Rheumatoid said:

Still showing as 5% for me

https://www.nsandi.com/guaranteed-returns

southone

once bond is opened how long have you got to fund before no more can be added as i see it says you cant top these up in the year?

NanookOfTheNorth

If done online you need to add the funds straight away by debit card when opening the bond.   I couldnt see any way of opening to secure the account then fund later.  So I presume it's a one time funding.

Swipe

southone said:

once bond is opened how long have you got to fund before no more can be added as i see it says you cant top these up in the year?

I think you can only open a bond with a single payment but nothing stopping you opening multiple bonds

ColdIron

Normally you would fund the account with a debit card at the time of opening. If you want to add more then you would open additional bonds. 30 day cooling off period

southone

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