We currently offer lssues which are only available to customers with maturing Certificates. They are not on general sale. Your client can renew up to the total value of the maturing Certificate, including all the interest and index-linking they earned. Or your client can cash in all or some amount invested and renew the balance. Your client won’t be able to add any extra money to the Certificate.
For details of options at maturity for existing customers, please click on the ‘Learn more at NS&I’ button below and scroll down to the ‘Renewing your Certificate’ section.
Before your clients decide, please ask them to read the summary box and the key features leaflet, including the customer agreement (terms and conditions).
NS&I is changing the indexation from RPI to CPI
For certificates renewed on or after 1 May 2019 we will be using the Consumer Prices Index (CPI) instead of the Retail Prices Index (RPI). We have made this change to save money for taxpayers, in line with the reduced use of the Retail Prices Index (RPI) by successive governments since 2010, while still giving a fair return to savers.
If your clients have any Index-linked Savings Certificates, the change will only affect them when each Certificate reaches the end of its investment term on or after 1 May 2019. If they want to renew a matured Certificate for a further investment term on or after that date, we will calculate the index-linking using the CPI instead of the RPI. Your client will still benefit from inflation-beating, tax-free savings – we will just be using a different index.
To find out more about CPI and RPI, visit the Office for National Statistics website at ons.gov.uk and search for CPI All Items Index or RPI All Items Index.
Office for National Statistics
Certificates bought between 2 June 1975 and 7 October 1996
NS&I is changing the return on these investments, so if your clients still have money invested in any Index-linked Savings Certificates bought from NS&I (formerly National Savings) between 2 June 1975 and 7 October 1996 please follow the link below for more details.
Find out more