National Savings and Investments (NS&I) has launched new issues of its two, three and five-year British Savings Bonds today, offering savers fixed interest rates across both Guaranteed Growth and Guaranteed Income Bonds.
In addition, NS&I’s Junior ISA will offer 3.55% AER tax-free to savers under the age of 18 – marking the first interest rate change since 18 August 2023 (4% AER).
The rates across growth and income for two, three and five years are illustrated in the table below.
|
Product |
Previous interest rate (from 15 April 2025) |
New interest rate from 3 July 2025 (on general sale) |
|
Guaranteed Growth Bonds 2-year (Issue 74) |
4.00% gross/AER |
3.85% gross/AER |
|
Guaranteed Income Bonds 2-year (Issue 74) |
3.93% gross/4.00% AER |
3.79% gross/3.85% AER |
|
Guaranteed Growth Bonds 3-year (Issue 76) |
4.10% gross/AER |
3.88% gross/AER |
|
Guaranteed Income Bonds 3-year (Issue 76) |
4.03% gross/4.10% AER |
3.82% gross/3.88% AER |
|
Guaranteed Growth Bonds 5-year (Issue 68) |
4.06% gross/AER |
3.84% gross/AER |
|
Guaranteed Income Bonds 5-year (Issue 68) |
3.99% gross/4.06% AER |
3.78% gross/3.84% AER |
|
Product |
Previous interest rate (from 18 August 2023) |
New interest rate from 18 July 2025 |
|
Junior ISA |
4.00% AER (tax-free) |
3.55% AER (tax-free) |
The one-year British Savings Bonds remain unchanged at 4.05% gross/AER for growth and 3.98% gross and 4.05% AER for income.
Andrew Westhead, NS&I retail director, said: “Today’s announcement is in response to changes in the wider market and will ensure we continue to offer a range of fixed-term options while balancing the interests of savers, taxpayers and the broader financial services sector.”
These bonds are fixed-term savings accounts with guaranteed returns that are available for savers with a minimum investment of £500.