The NS&I have confirmed that customers who currently hold 1-year 65+ Guaranteed Growth Bonds that mature from the 15th January will have the following options:
- Reinvest into NS&I's standard 1-year Guaranteed Growth Bond. If you decide to choose this option, NS&I will automatically reinvest your new Bond for you and you will have 30 days after your new Bond opens to cancel it without penalty.
- Reinvest into a 2, 3 or 5-year Guaranteed Growth Bond. You will need to inform NS&I of your chosen term beforehand.
- Cash in your investment on maturity. When informing NS&I of this decision, you will need to check that your name, address and bank details are correct so they can process your payment.
You will be able to choose one or any combination of the above options and will need to inform NS&I 2 working days before your Bond matures.
For more details please visit the NS&I adviser centre or call their Adviser Helpline free on 0800 092 1228