NS&I cuts ISA rates

Wednesday, 18 March 2009 12:00

National Savings and Investments has lowered the rates on both its cash and direct ISAs in response to the change in the base rate.

NS&I's cash ISA now carries an AER of 0.5 per cent, a drop of 0.4 per cent from the previous rate.

The direct ISA rate was reduced 0.5 per cent to 1.3 per cent

All rates are effective beginning March 18th.

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