0.01% is just paltry, but I'm hanging on because I reckon there's still value in them, and benefits are
- No fees or need for a financial adviser
- Guaranteed/backed by Govt
- separate from any FSCS ordinary bank account compensation limit (FSCS currently £85k) NS&I is umlimited https://www.nsandi.com/get-to-know-us/security/protect-your-money
- Tax-free: no income tax or CGT (and no need to enter on tax return) (but will be included in your estate for IHT purposes; however, savings certificates can be inherited intact by your beneficiaries)
- Inflation linked
Comments welcome for any flaws in the above or if I've missed the Bleeding Obvious...