NS&I boosts fixed-term savings rates

The NS&I, the government-backed savings institution has mirrored recent rate rises seen elsewhere in the market.

Origami dollar seedling being watered with coins
(Image credit: Getty images)

National Savings & Investments (NS&I) has boosted rates across a number of its fixed-term products.

The firm behind the ever-popular Premium Bonds is upping the rate it offers amid increasing competition within the savings space, with the best savings accounts now offering one-year fixed rate deals of more than 6%.

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Tom Higgins

Tom is a journalist and writer with an interest in sustainability, economic policy and pensions, looking into how personal finances can be used to make a positive impact. He graduated from Goldsmiths, University of London, with a BA in journalism before moving to a financial content agency. 

His work has appeared in titles Investment Week and Money Marketing, as well as social media copy for Reuters and Bloomberg in addition to corporate content for financial giants including Mercer, State Street Global Advisors and the PLSA. He has also written for the  Financial Times Group.

When not working out of the Future’s Cardiff office, Tom can be found exploring the hills and coasts of South Wales but is sometimes east of the border supporting Bristol Rovers.