National Savings
NS&I RATE CHANGE FOR PREMIUM BONDS AND JUNIOR ISA
RATE CHANGE FOR PREMIUM BONDS AND JUNIOR ISA
NS&I has today, 20th June 2023 announced increases to the interest rate on the Junior ISA, effective today and increased Premium Bonds, effective 1st July draw.
Rate change
NS&I account | Previous rate | New rate |
Premium Bonds | 3.30% Variable. Annual Prize Rate (tax-free) | 3.70% Variable. Annual Prize Rate (tax-free) |
Junior ISA | 3.40% AER (tax-free) | 3.65% AER (tax-free) |
Find out more at nsandi.com
Definitions
AER (Annual Equivalent Rate) illustrates what the annual rate of interest would be if the interest was compounded each time it was paid. Where interest is paid annually, the quoted rate and the AER are the same.
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