NS&I to reduce some interest rates to almost nought from 24 November
'In line with banks and building societies'
The NS&I’s Direct Saver product – a savings account - will be reduced from a current interest rate of 1% down to 0.15%.
National Savings & Investments (NS&I) will reduced interest rates on some of its products to practically nothing from 24 November 2020.
The changes will apply to NS&I's variable rate products and some fixed term products. The Premium Bonds prize fund rate will also be reduced and apply from the December 2020 draw. NS&I said the new...
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