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Press release

NS&I DIRECT ISA INTEREST RATE LOWERS TO 6.05% FOLLOWING DECREASE IN BANK OF ENGLAND BASE RATE

06 December 2007

New rate effective immediately

 

The interest rate paid on NS&I’s Direct ISA will decrease from 6.30% per annum to 6.05% following today’s decrease in the Bank of England base rate by 0.25%.

The new rate becomes effective from today and is guaranteed to be at least 0.55% above base rate until 5 April 2008.

NS&I’s Direct ISA is available online and by telephone only. Customers can invest up to £3,000 each tax year and have direct access to their account 24 hours a day.

And the Direct ISA comes with the 100% capital guarantee which NS&I can offer because all of its savings and investments are backed by HM Treasury.

Direct ISA key features

Media team
NS&I has a number of spokespeople available for interviews and our experienced radio team is available via our ISDN line: 020 7602 4522.

The numbers below are for media use only. Customers wishing to contact NS&I can find details here.

Gareth Headon		020 7348 9494
		gareth.headon@nsandi.com
Gill Stephens		020 7348 9449
		gill.stephens@nsandi.com
Iman Asante		020 7348 9301
		iman.asante@nsandi.com
Angela Mason		020 7348 9433
		angela.mason@nsandi.com
Monica Del-Villar		020 7348 9654
		monica.del-villar@nsandi.com
ISDN for interviews		020 7602 4522
Out of hours		All numbers above diverted to staffed mobile phones

 

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