New research has shown that older savers could miss out on the great interest rates offered by Pensioner Bonds if they don’t act quickly.
Last week, National Savings & Investments (NS&I), who will administer the Pensioner Bonds, announced the interest rates which are well in excess of other comparable accounts.
The one year fixed rate Pensioner Bond will pay a gross interest rate of 2.8%, whilst the three year fixed rate will pay 4.00%.
Read more: Pensioner Bonds launched with table topping rates
Act quickly ...