Published On: Tue, Jan 18th, 2022

NS&I: Green Savings Bonds’ interest rate slammed as a ‘meaty payoff’ for savers | Personal Finance | Finance

“Anyone signing up to a long-term fix needs to think carefully about what they think interest rates will do during that time.

“Many now expect a rate rise later this year and another next year, although this is by no means certain.

“But that would mean an uptick in savings rates too, in both the easy-access and fixed-rate market. If you lock money away now you’ll miss out on those potential increases.”

At the time of the product’s launch, Ian Ackerley, NS&I’s chief executive, said: “We are proud to be offering Green Savings Bonds on behalf of the Government.

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