NS&I Premium Bonds extended through Tesco

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NS&I Premium Bonds extended through Tesco

The partnership between Tesco Personal Finance and National Savings and Investments (NS&I) has been expanded to cover over 700 stores, with the intention of offering NS&I Premium Bonds and Savings Certificates to a wider audience.

Tesco customers will now be able to find brochures for NS&I products in a much larger range of supermarkets across the country.

NS&I, which has 26 million customers who have invested £72 billion, is extending its association with Tesco in the hope to attract more customers and also new partners through whom it can market its products.

Acting chief executive of NS&I, Trevor Bayley, said: "This marketing partnership will make it even more straightforward and easy for people to find out about our savings and investment products and opens NS&I up to a wider audience."

A 100 per cent security guarantee is offered on NS&I Premium Bonds and Savings schemes and this will similarly apply to any deals taken up by Tesco customers.

The partnership between NS&I and Tesco Personal Finance began September 2005 and this extension follows a pilot scheme introduced in 50 stores over the last four months.

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