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Martin Lewis urges low income & Universal Credit claimants to look into up to £1,200 boost

Martin Lewis urges low income & Universal Credit claimants to look into up to £1,200 boost


Speaking during the news-you-can-use segment of the money programme, the financial journalist and campaigner commented on the reductions.

“On Tuesday, NS&I slashed its rates. Many of them were best-buys beforehand. They’re gone, and just look how low they are,” he said.

“From 0.01 percent to 0.15 percent – in other words, diddlysquat,” Martin added, addressing the cuts to the products titled Income Bonds, Direct ISA, Guaranteed Growth Bonds, and Direct Saver. “Just absolutely nothing.”

The financial journalist and campaigner went on to list a number of market-leading variable and fixed rate deals out there at the moment.

READ MORE: Premium Bonds: NS&I explains why it seems ‘more prizes’ won in just one corner of UK



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