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NS&I to cut Direct ISA rate - MSE News

Former_MSE_Callum Posts: 696 Forumite

16 July 2018 at 11:32AM in ISAs & tax-free savings

Government-backed savings provider NS&I is reducing the interest rate on its Direct ISA from 1% to 0.75% from 24 September...

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'NS&I to cut Direct ISA rate'

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Comments

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  Paul_DNAP Posts: 751 Forumite

  

  16 July 2018 at 2:01PM

  Did the NS&I retail director really use the term "a fair rate" for this sub-1% savings account and keep a straight face?

  (Although I could be wrong, I often am.)

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  le_loup Posts: 4,047 Forumite

  16 July 2018 at 4:19PM

  Fair from who's point of view.
  For tax payers, yes.

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