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“Hot on the heels of Tandem Bank launching its market-beating 5% rate for an easy-access account, NS&I has upped the Premium Bond prize fund to the highest rate in more than 24 years. From next month’s draw Premium Bond holders will have an effective prize fund rate of 4.65%. On top of that, the government-backed provider has raised rates across most of its other accounts, from the Junior ISA to the Direct Saver.
www.ajbell.co.ukThe prize fund rate for Premium Bonds was reduced several times last year
www.express.co.ukThe new NS&I rates have already come into effect
ground.newsNS&I now has a net financing target of £13 billion for the 2025/26 financial year
moneyweek.comNational Savings and Investments (NS&I) has cut its prize fund by around £25m, meaning the notional interest rate now stands at 4.15%
moneytothemasses.comMillions of NS&I; customers are set to benefit from the interest rate rises across variable savings products.
www.gbnews.comNS&I is hiking its prize fund rate again, marking the fifth rise in a year. We look at how the changes will affect you.
moneyweek.com