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NS&I’s chart-topping bond

NS&I’s chart-topping bond

Category: Savings
Date: 11/04/2017

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Announced in the Autumn Statement, the new three-year NS&I bond is finally here, and it unsurprisingly heads straight to the top of the Best Buy chart for its sector, earning a high Moneyfacts rating in the process.

The basics…

The three-year Investment Guaranteed Growth Bond (1) boasts a market-leading rate of 2.20%, paid on its anniversary, whereby the interest must be compounded.

The finer details…

This online-only account requires a minimum investment of £100 and has a maximum investment restriction of £3,000. It does not allow additions, but earlier access is allowed on 90 days' loss of interest. Due to its Government backing, any funds held with NS&I are guaranteed to be secure.

Why we like it…

The market-leading rate on this deal alone is enough to earn it the number one spot in the Best Buy charts, as well as a high rating.

Moneyfacts rating: Excellent

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
 
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