NS&I raises rates above five percent

National Savings and Investments has increased returns on its British savings bonds, now paying between four point nine nine percent and five point one seven percent over one to five year terms.

Highest rates in nearly three years

Many NS&I accounts are now paying more than five percent for the first time in nearly three years, as competition in the savings market has been growing.

Deals may not stick around

Rachel Springall at Moneyfactscompare dot uk says attractive deals do not always hang around for long. If a provider attracts enough savings cash it will pull a product from sale.

Better rates available elsewhere

Sarah Coles at AJ Bell says you can still make more money elsewhere. The top one year fixed rate bond pays five point one two percent, while the highest five year bond offers five point…

“you can still make more money elsewhere”

NS&I's safety advantage

NS&I bonds let you invest up to one million pounds per person with a minimum of five hundred pounds.

Easy access alternatives emerge

Starling's Easy Saver account offers five percent interest with unlimited penalty free withdrawals, but only for customers who opened a Starling current account on or after first October, on balances up to twenty five thousand…

Marcus raises its one year rate

Marcus by Goldman Sachs this week increased its one year fixed rate savings account from four point three percent to four point seven five percent, as competition continues across the savings market.