{"id":9372,"date":"2016-03-29T21:35:25","date_gmt":"2016-03-29T14:35:25","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/nsi-cuts-interest-rates-for-millions-of-savers\/"},"modified":"2016-03-29T21:38:53","modified_gmt":"2016-03-29T14:38:53","slug":"nsi-cuts-interest-rates-for-millions-of-savers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nsi-cuts-interest-rates-for-millions-of-savers\/","title":{"rendered":"NS&I cuts interest rates for millions of savers"},"content":{"rendered":"


\nInvestment, direct Isa, direct saver and income bond accounts will all be affected by National Savings & Investments\u2019 decision to reduce rates Millions of savers were dealt a blow after National Savings & Investments cut the interest rates on many of its accounts. NS&I has also slashed the number of premium bond prizes, thereby reducing people\u2019s chances of winning.The rate on the investment account, held by more than 1.7 million people, will fall from 0.75% to 0.45%, while the 415,000 holders of the Direct Isa will see their rate drop from 1.25% to 1%. The direct saver rate will fall to 0.8% from its current 1.1%, while income bonds will now pay 1%, down from 1.25%. Continue reading…
\n
\nSource : theguardian.com
\nRead more…NS&I cuts interest rates for millions of savers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Investment, direct Isa, direct saver and income bond accounts will all be affected by National...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-9372","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2ra","jetpack-related-posts":[{"id":22277,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-to-suffer-as-first-direct-cuts-rates-further-than-bank-of-england\/","url_meta":{"origin":9372,"position":0},"title":"Savers to suffer as First Direct cuts rates further than Bank of England","date":"August 8, 2016","format":false,"excerpt":"\r Other banks expected to cut savings rates as First Direct announces its cash Isa rate will be cut by 0.4 percentage pointsOne of the UK\u2019s most high profile savings providers has announced interest rate cuts in excess of the Bank of England\u2019s recent base rate reduction.At the weekend, First\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74144,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rates-on-the-up-as-nsi-relaunches-growth-bonds\/","url_meta":{"origin":9372,"position":1},"title":"Rates on the up, as NS&I relaunches growth bonds","date":"December 9, 2017","format":false,"excerpt":"\r Three-year deal offers 2.15% for an investment of \u00a3500 to \u00a31mThere was some rare good news for savers this week after National Savings & Investments reintroduced its popular one- and three-year Guaranteed Growth\/Income Bonds last offered back in 2009.NS&I, the government\u2019s savings arm,\u00a0says its one-year Guaranteed Growth Bond will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9570,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-lose-interest-as-nsi-cuts-rates-plus-a-look-at-shared-ownership\/","url_meta":{"origin":9372,"position":2},"title":"Savers lose interest as NS&I cuts rates, plus a look at shared ownership","date":"March 31, 2016","format":false,"excerpt":"\r Also, banks will recognise your voice when you call them with a query and Pants to Poverty drops its ethical stanceHello and welcome to this week\u2019s Money Talks \u2013 a roundup of the week\u2019s biggest stories and some things you may have missed. Continue reading...\r \r Source : theguardian.com\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22777,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-cut-what-now-for-savers-and-borrowers\/","url_meta":{"origin":9372,"position":3},"title":"Interest rate cut: what now for savers and borrowers?","date":"August 13, 2016","format":false,"excerpt":"\r We look at which savings accounts have been hardest hit, who is still offering decent rates, and where to go to get the best mortgage dealHow low can they go? There wasn\u2019t much fat left to trim, but savings rates are now being hacked back even further following the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-need-a-balancing-act-to-beat-inflation\/","url_meta":{"origin":9372,"position":4},"title":"Savers need a balancing act to beat inflation","date":"February 20, 2017","format":false,"excerpt":"\r Savings rates have never been so low, but with a spread of sensible investments your portfolio can still deliver good returnsAs if savers needed to be told, it is a miserable time for anyone hoping to make money from their nest egg. With rates in the doldrums, the news\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67282,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leeds-building-society-makes-rate-promise\/","url_meta":{"origin":9372,"position":5},"title":"Leeds building society makes rate promise","date":"September 24, 2017","format":false,"excerpt":"\r Minimum of 0.5% will be guaranteed on savings accounts from the end of OctoberBeleaguered savers have been given a small ray of hope in the current era of low interest rates after Leeds building society said it would guarantee a minimum of 0.5% on savings accounts.The society, the fifth\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/9372"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=9372"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/9372\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=9372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=9372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=9372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}