Interest rates now 0.01%
Interest rates now 0.01%. After luring people in they callously cut the interest rates to more or less zero.
We have transferred 90% of the money away from NS&I. Also premium bonds prize payment has been reduced, we usually get a few £25 each a month in total between members of our household usually adding up to £250 or similar, but some months now get absolutely zilch between us, how does that happen!
Trying to transfer money out also takes days. Frustrating online logging in system, often having to call to confirm rather than just a text etc.
February 1, 2021
Unprompted review