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NS&I Launches New British Savings Bonds with Better Interest Rates

UNITED KINGDOM, JUL 24 – NS&I increased 1-year bond rates to 4.18% AER for Growth Bonds and 4.11% for Income Bonds to support savers and meet its annual financing target.

  • NS&I has launched new one-year British Savings Bonds with increased interest rates of 4.18% AER, available from Thursday.
  • The new bonds offer full protection on deposits up to £1 million, simplifying the savings process.
  • Westhead, NS&I retail director, stated that this provides savers a new opportunity to save.
  • Guaranteed Growth Bonds and Guaranteed Income Bonds are also offered for fixed terms of 1, 2, 3, or 5 years.
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Fintech Finance broke the news in on Thursday, July 24, 2025.
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