NS&I ups rates on three products after BoE rise

Direct ISA to rise by 25 basis points

clock • 2 min read
NS&I ups rates on three products after BoE rise

State-owned savings bank NS&I will raise its rates on December 29 in a bid to hit its net financing target for 2021/22, which is £6bn (plus or minus £3bn).

National Savings & Investments (NS&I) revealed it will increase rates on its Direct Saver and Income Bonds by 20 basis points from 0.15% to 0.35%, as well as a 25-point bump on its Direct ISA rate, taking...

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