Savings rates on the up, as NS&I relaunches growth bonds

Three-year deal offers 2.15% for an investment of £500 to £1mThere was some rare good news for savers this week after National Savings & Investments reintroduced its popular one- and three-year Guaranteed Growth/Income Bonds last offered back in 2009.NS&I, the government’s savings arm, says its one-year Guaranteed Growth Bond will pay an interest rate of 1.50%, while the three-year deal will earn 2.20%. Continue reading...