NS&I is changing interest rates on products including Premium Bonds this month

NS&I is changing interest rates on products including Premium Bonds this month

The Bank of England Base Rate has been maintained at a historic low of 0.1 percent since March this year, with the emergency cuts having been made as a temporary response to the coronavirus pandemic. The decision has prompted a number of banks and building societies to announce cuts to a number of variable rate products.

Premium Bonds prize checker updated as NS&I names November winners

As such, November 2020 marked the final month in which the Premium Bonds prize draw odds remain at the current rate.Ian Ackerley, NS&I Chief Executive, said in September: “Reducing interest […]

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