NS&I slashes rates and Premium Bond prizes
NS&I slashes rates and Premium Bond prizes
Laura Miller
Mon, 02/17/2020 – 15:39Image
Savers with NS&I fixed and variable savings products will earn less interest from 1 May as rates are cut across the board, and the likelihood of winning prizes on Premium Bonds lowered.
Interest on the Direct Saver account will fall to 0.7%, down from 1%. The reduction is less on the Investment…