NS&I boosts savings bond rates – here's how they stack up
NS&I has increased the interest rates you can get on all of its fixed-term 'British Savings Bonds' – here's how they compare.
www.moneysavingexpert.comHere’s the latest on NS&I bond rate increases.
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NS&I announced updated rates for its fixed-term British Savings Bonds in late 2025 and into 2026. Several one-year and longer-term bonds saw rate increases, with the best-known changes showing around 4.10–4.20% AER for 1-year to 5-year terms on new issues, depending on the specific bond and issue date. These moves came as NS&I sought to attract new money amid shifting market conditions. [cite ][cite ][cite ]
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Compared with the broader market, these NS&I increases generally kept pace with or modestly outpaced some competing savings products at the time, though several challengers also adjusted rates. The changes were part of NS&I’s strategy to fund its operations while offering inflation-beating options to savers. [cite ][cite ]
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For current specifics, you’ll want to check the exact issue and term you’re considering (e.g., 1-year Guaranteed Growth vs. 2-year or 5-year fixed-term bonds), as rates vary by issue and sale date. Official NS&I communications and major financial outlets frequently publish the precise issue rates and how they compare to prior rates. [cite ][cite ]
Illustration: If you were considering a 1-year bond, a typical new issue might be around 4.18–4.20% AER, with monthly or annual interest options depending on the product, which aligns with recent NS&I updates. [cite ][cite ]
If you’d like, I can pull the most up-to-date exact figures for the specific bond term you’re considering (1-year, 2-year, 5-year) from NS&I’s latest release and present a quick compare against a few mainstream savers.