National Savings
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- Notice category:
- Public Finance
- Notice type:
- National Savings
- Publication date:
- Edition:
- The Edinburgh Gazette
- Notice ID:
- 5196955
- Notice code:
- 1402
- Issue number:
- 29312
- Page number:
- 1454
NS&I RATE CHANGE FOR PREMIUM BONDS, DIRECT SAVER, AND INCOME BONDS.
RATE CHANGE FOR PREMIUM BONDS, DIRECT SAVER AND INCOME BONDS
NS&I announced on 18th August increases to the interest rate on Direct Saver and Income Bonds effective 18th August 2026.
NS&I have also announced an increase to Premium Bonds effective from 1st September 2026 prize draw. The odds of winning have also been improved from 22,000 to 1 to 21,000 to 1.
Rate changes
| NS&I account | Previous rate | New rate |
| Premium Bonds | 3.80% Variable. Annual Prize Rate (tax-free) | 4.35% Variable. Annual Prize Rate (tax-free) |
| Odds 22,000 to 1 | Odds 21,000 to 1 | |
| Direct Saver | 3.45% Gross/AER (taxable) | 3.75% Gross/AER (taxable) |
| Income Bonds | 3.40% gross/3.45% AER (taxable) | 3.69% gross/3.75% AER (taxable |
Find out more at nsandi.com
Definitions
AER (Annual Equivalent Rate) illustrates what the annual rate of interest would be if the interest was compounded each time it was paid. Where interest is paid annually, the quoted rate and the AER are the same.
NS&I is one of the largest savings organisations in the UK, offering a range of savings and investments to more than 24 million customers. All products offer 100% capital security, because NS&I is backed by HM Treasury.
Further information on NS&I, including press releases and product information, is available on the website at nsandi.com