National Savings

2023-06-202023-06-212023-06-23TSO (The Stationery Office), customer.services@thegazette.co.uk43839388590

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.

National Savings and Investments is backed by HM Treasury.