NS&I Green Savings Bonds

[ffutures]

Some time soon NS&I are going to be launching Green Saving Bonds. At the moment they're pretty coy about things like the interest and tax status - anyone got any idea as to whether they'll be worthwhile?

Comments

[watervole]

I'd wait until they're reviewed by someone like 'Ethical Consumer' magazine. They're very good at separating greenwash from actual green.

I put my savings with Triodos - they came out very well on the investment ethics - and the rate of return on investments is reasonable too. (with the usual proviso that shares can move both ways)

Given how low the current rate is on National Savings, I wouldn't expect much from the green version.

[ffutures]

Thanks!

[dormouse1953]

Coincidentally, I've just received an e-mail from them saying I've won a prize but their website is having overload problems.

[ffutures]

They probably get a lot of hits at the start of the month - I think the number of people with big holdings of premium bonds has risen a lot in the last couple of years since it's a better investment now than most savings accounts.

[dormouse1953]

It started getting bad last year after the start of lockdown.