NS&I to cut Premium Bonds prize fund & rates on other savings products - Money To The Masses
National Savings and Investments (NS&I) has cut its prize fund by around £25m, meaning the notional interest rate now stands at 4.15%
moneytothemasses.comI don’t have live access to current news feeds right now. Based on the latest publicly reported patterns, NS&I Premium Bonds prize fund rates have moved up and down in recent years, but I can’t confirm the exact current rate or the very latest headline without checking a live source. Would you like me to fetch the latest updates from NS&I’s site and reliable financial news outlets? If you prefer, I can also summarize typical factors that drive Premium Bonds prize fund rate changes and what they mean for you.
If you want, I can search now and provide a concise latest-news digest with citations.
National Savings and Investments (NS&I) has cut its prize fund by around £25m, meaning the notional interest rate now stands at 4.15%
moneytothemasses.comMillions of NS&I; customers are set to benefit from the interest rate rises across variable savings products.
www.gbnews.comNS&I now has a net financing target of £13 billion for the 2025/26 financial year
moneyweek.com“Hot on the heels of Tandem Bank launching its market-beating 5% rate for an easy-access account, NS&I has upped the Premium Bond prize fund to the highest rate in more than 24 years. From next month’s draw Premium Bond holders will have an effective prize fund rate of 4.65%. On top of that, the government-backed provider has raised rates across most of its other accounts, from the Junior ISA to the Direct Saver.
www.ajbell.co.ukNS&I is hiking its prize fund rate again, marking the fifth rise in a year. We look at how the changes will affect you.
moneyweek.comThe prize fund rate for Premium Bonds was reduced several times last year
www.express.co.ukThe new NS&I rates have already come into effect
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