PUT THE POLITICIANS ON THE MINIMUM WAGE AND WATCH HOW FAST THINGS CHANGE
Civilisation has operated in two ways - To make one part of society more affluent and the other more wretched than would have been the lot of either in a natural state
There are Natural Rights and Civil Rights. Life, Liberty and the Pursuit of Happiness
Where Our Power to Execute Our Natural Rights is Perfect, Government has No Legitimate Jurisdiction
When the Forces for War are Greater than the Forces for Peace   Then the World is in Danger
Politics is not a Dirty Word. It is a Way of Life. How is Your Way of Life Today ?

DRACONIAN RATES

 

Dear…..,

 
 

We’re getting in touch to let you know that we’re reducing the interest rates on some of our savings accounts on 24 November 2020.

Here are the changes:

 

 
 
 

NS&I account
Current Rate
New Rate (gross/AER)
Direct Saver
1.00%
0.15%
Income Bonds
1.16%
0.01%/0.01%
Investment Account
0.80%
0.01%
Direct ISA
0.90%
0.10%
Junior ISA
3.25%
1.50%
 

 
 
 

You can find the current interest rates at nsandi.com.
 
Income Bonds interest payments:  If the interest rate stays at 0.01% gross (the rate from 24 November 2020), balances of less than £646.00 will not earn interest each month.  The way in which we calculate the interest on your balance is detailed in the Customer Agreement (Terms and Conditions) and we are only able to pay interest if this amount is 0.5 pence and above.
 
The updated Customer Agreement reflecting this change will be available to view on nsandi.com from the 24 November 2020 or you can call us from that date on 08085 007 007 and we will post you a copy.
 
Yours sincerely
 

 
 
 
 
Andreana Carrigan
Customer Service Manager

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