NS&I announces major shake-up to its Guaranteed Growth and Income bonds

NS&I announces major shake-up to its Guaranteed Growth and Income bonds

National Savings and Investments (NS&I) will re-issue its popular Guaranteed Growth and Income bonds later this year, but the way you can use the products will fundamentally change.

While customers investing in the bonds will have a 30-day cooling-off period at the start, they will no longer have the option to withdraw their funds early.

NS&I is a governmental body backed by the Treasury offering various investment and saving schemes, including popular premium bonds and a Junior Isa.Which? looks at what the announcement means for savers and what returns are offered on these products.A free newsletter from Which? Money Compare […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.