National Savings
NS&I RATE CHANGE FOR DIRECT SAVER AND INCOME BONDS.
RATE CHANGE FOR DIRECT SAVER AND INCOME BONDS.
NS&I has today, 23rd May 2024 made changes to the interest rate on Direct Saver and Income Bonds effective 23rd May 2024.
Rate change
| NS&I account | Previous rate | New rate |
| Direct Saver | 3.65% Gross/AER (taxable) | 4.00% Gross/AER (taxable) |
| Income Bonds | 3.59% gross/3.65% AER (taxable) | 3.93% gross/4.00% AER (taxable) |
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.