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2026-10-10T06:00:50.000Z

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UK savings: 5% interest rate deals may end

UK savings: 5% interest rate deals may end

NS&I has increased interest rates on its British savings bonds, offering fixed rates between 4.99% and 5.17% for one-, two-, three-, and five-year terms. These bonds are available to new and maturing customers, with some of the highest rates seen in years, although other providers may offer better returns. The bonds allow investments up to £1 million per person and are backed by the government, but funds cannot be withdrawn before maturity.

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