NS&I

[Coxey]

Hi anyone put money in NS&I guaranteed income bond or growth bond? Interest rates are 3.90 and 4% respectively

I note the full amount is guaranteed

[Zoon]

Just be careful with the amount invested as they aren't tax-free should you go above £1k interest per year.

[Richard-390a0]

Yes I have.

[leef44]

Yes I already have a Direct Saver account so it was very easy just to put my money into one of these bonds.

Well, actually I've set it up for my wife since she has not used her personal allowance.

[Takemeaway]

Wondering what the difference is between the guaranteed income bond or growth bond?

Apart from 0.1% interest

[leef44]

Takemeaway said:

Wondering what the difference is between the guaranteed income bond or growth bond?

Apart from 0.1% interest

is one fixed interest income and the other variable?