{"id":119868,"date":"2026-04-30T09:15:00","date_gmt":"2026-04-30T08:15:00","guid":{"rendered":"https:\/\/en.econostrum.info\/uk\/?p=119868"},"modified":"2026-04-30T09:09:21","modified_gmt":"2026-04-30T08:09:21","slug":"nsi-raises-rates-again-deals-competitive","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/uk\/nsi-raises-rates-again-deals-competitive\/","title":{"rendered":"NS&I Raises Rates Again, But Are These Deals Actually Competitive?"},"content":{"rendered":"\n

National Savings and Investments <\/strong>has increased interest rates on its fixed-term British Savings Bonds, with returns now reaching up to 4.5%<\/strong>. The changes apply to both new and maturing customers, reflecting wider shifts in the savings market. The government-backed provider has also adjusted rates on selected other products, positioning its latest offers among the more competitive options currently available, though not the highest.<\/p>\n\n\n\n

Higher Fixed Rates Introduced across Multiple Bond Terms<\/strong><\/h2>\n\n\n\n

NS&I has launched new issues of its Guaranteed Growth Bonds<\/strong> and Guaranteed Income Bonds, offering revised rates across one-, two-, three- and five-year terms. According to official updates, the one-year option now pays 4.50% AER, up from 4.07%, while the two-year bond offers 4.48%, the three-year 4.45%, and the five-year 4.40%.<\/p>\n\n\n\n

Income versions of these bonds provide slightly different gross rates but align closely in annual equivalent returns. For example, the one-year income bond pays 4.41% gross, equivalent to 4.50% AER. According to Which?<\/a>, these products require a minimum investment<\/strong> of \u00a3500 and allow deposits up to \u00a31 million per person, with funds locked in for the full term.<\/p>\n\n\n\n

Early withdrawals are not permitted under any of the fixed-term options. At maturity, savers <\/a>can either withdraw their funds or reinvest into a new bond. According to NS&I statements, the products are designed for customers seeking guaranteed returns over a defined period.<\/p>\n\n\n\n

The provider has also increased the rate on its Investment Account from 1% to 2.05% AER<\/strong>, although this product remains less prominently marketed. At the same time, other accounts such as Premium Bonds have not seen equivalent increases.<\/p>\n\n\n\n

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NS&I has launched new fixed-rate savings accounts that let you lock in good rates for one to five years with total safety, as it's backed by the Treasury \ud83d\udc47https:\/\/t.co\/HJ0mMwb7N8<\/a> pic.twitter.com\/0RGFpXLn24<\/a><\/p>— MoneySavingExpert (@MoneySavingExp) April 28, 2026<\/a><\/blockquote>