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Guaranteed Growth and Guaranteed Income Bonds pay vastly improved rates compared to when they were last offered back in 2019 - but the small print means they won't be for everyone.
Aimed at savers with a minimum of £500 who are willing to tuck away their cash for 12 months, this is the highest rate of interest offered on this bond for 13 years.
The government-backed savings giant NS&I has brought back its Guaranteed Growth Bonds and Guaranteed Income Bonds for the first time in three years.
It is the Bank of England's tenth consecutive base rate hike in 13 months.We explain why the Bank is raising interest rates and what it means for you.
The government-backed savings giant NS&I has brought back its Guaranteed Growth Bonds and Guaranteed Income Bonds for the first time in three years.