NSI Growth Bonds...maturing

ColdIron

minority said:

Can I split the money I have enough invested that I will need pay tax on it so I was thinking of moving 20k into my isa to make it tax free either my cash or in my stock and share isa then keep remainder to role over.

Yes. You can combine across the options to roll over into another 1 year and/or a 2 year and/or a three year and/or cash in to your nominated bank account

The one thing I don't see is how to transfer anything to a Direct Saver if you have one

InvesterJones

dcs34 said:

5.15% renewal still being offered today.

Worth noting that NS&I have a habit of offering better rates for maturing/renewal accounts compared to those opening new accounts (IIRC during Covid their 1-year bond renewals were very attractive but not available to people without a maturing account of the previous issue). Therefore it may be worth renewing even a small amount just to stay 'in' the system, so to speak.

Is it possible to add to a bond with the renewal, or can you only do up to the amount at maturity?

ColdIron

InvesterJones said:

dcs34 said:

5.15% renewal still being offered today.

Worth noting that NS&I have a habit of offering better rates for maturing/renewal accounts compared to those opening new accounts (IIRC during Covid their 1-year bond renewals were very attractive but not available to people without a maturing account of the previous issue). Therefore it may be worth renewing even a small amount just to stay 'in' the system, so to speak.

Is it possible to add to a bond with the renewal, or can you only do up to the amount at maturity?

No. You can only roll over up to the value of the existing bond (including interest)

Swipe

Had my email and maturity letter for my growth bond. They are offering 3.95% for a 12 month renewal: 

1-year term

Only available to customers renewing a maturing Guaranteed Growth Bond

Issue 83
3.95% gross/AER

2-year term

Issue 72
On general sale

3.60% gross/AER

3-year term

Issue 74
On general sale

3.50% gross/AER

5-year term

Issue 66
Only available to customers renewing a maturing Guaranteed Growth Bond

3.40% gross/AER