Managing your maturing investments

Wondering what to do when you receive a maturity letter?

If you’ve recently received a letter from us telling you that your fixed-term investment is reaching the end of its term, you may be wondering what to do next. Not heard from us yet? Don’t worry – we’ll contact you around a month before the end of your investment term. You don’t need to do anything until you hear from us.

We’ve made some changes to our Guaranteed Growth Bonds and Guaranteed Income Bonds

Previously, we gave you access to your investment before the end of its term but charged a penalty equal to 90 days' interest on any money you took out early. Now, once you’ve decided to invest, you won’t have access to your money until the Bond reaches the end of its term. You will however have the right to cancel within 30 days of renewing your Bond.

So, if you’re thinking about renewing your Bond, but you think you might need access to your money during your new term, you may want to consider a different type of account.

What are my options?

You’ll normally be able to renew your investment for another fixed term or cash it in and get your money back. Your maturity letter will explain your options in more detail and let you know the interest rates on offer if you want to renew.

We’ll also let you know in your letter if you can manage your maturity options from your online account. You can log in using your NS&I number and password, and then select View maturity options from your dashboard. You can find your NS&I number on the letter or email that we'll send you.

Need help logging in?

If you choose to move your money to another NS&I account (like Premium Bonds), you can use a quick online switching form to do this.

More about switching to a different NS&I account

If you have won a Premium Bonds prize we'd love to hear from you