Savings, Money, Finance, Specialist

National Savings Account

National Savings and Investments (NS&I) offers a totally secure way of saving and investing your money because it’s backed by HM Treasury. Some schemes pay interest that is taxable while others have the benefit of being tax-free. Premium Bonds don’t pay interest but you can win tax-free prizes. You choose which scheme suits your needs.

Money you save with NS&I is secure because you’re lending money to the government, which guarantees to repay it with no risk.

There are some ‘easy access’ schemes available which let you take your money out whenever you want. But most NS&I schemes are long-term investments where your money is invested for between one and five years.

Premium Bonds

Two £1 million jackpots every month

NS&I hold a prize draw every month. There are two £1 million jackpots plus over a million other tax-free prizes. The more Bonds you have, the better your chances of winning.

Why choose this product?	If you want an investment which offers the fun and excitement of a chance of a big win.
Who can invest?	Anyone aged 16 or over; can also be bought on behalf of under-16s by parents and grand-parents.
Minimum purchase	£100
Maximum holding	£30,000
Investment term	No set term
Prizes	As well as the two £1 million jackpots you can win anything from £50 to £100,000 for each Bond number you hold.
Tax status	Tax-free

Fixed Interest Savings Certificates

Maximise your tax-free savings opportunities

Fixed Interest Savings Certificates are lump sum investments that earn guaranteed rates of interest over set periods of time, called 'terms'. They're free of UK Income Tax and Capital Gains Tax, whatever rate you normally pay. You don't even need to declare the interest on your tax return.

Why choose this product?	If you want to earn guaranteed and tax-free returns
Who can invest?	Anyone aged 7 or over; can also be bought on behalf of under 7s
Minimum purchase	£100
Maximum	£15,000 per issue
Investment term	Choice of terms — currently 2 and 5 years
Interest	Rates guaranteed for length of term
Tax status	Tax-free

Children's Bonus Bonds

Invest tax-free for your children’s future

Providing for your children's future is hard enough. Why should you be taxed on it too?

With Children's Bonus Bonds from National Savings and Investments you can invest tax-free for your child's future in their own name. All returns on Children's Bonus Bonds are completely tax-free for both child and parent.

Why choose this product?	If you want to give a child a long term tax-free investment
Who can invest?	Anyone aged 16 or over for anyone under 16
Minimum purchase	£25
Maximum	£3,000 per issue per child
Investment term	5 years at a time until 21st birthday
Interest rates	Fixed rate for 5 years at a time plus guaranteed bonus
Tax status	Tax-free for parents and children

Pensioners Guaranteed Income Bonds

Guaranteed monthly income, choice of terms

Exclusively available to those aged 60 or over, Pensioners Guaranteed Income Bonds give you the opportunity to use some of your savings to provide you with a guaranteed monthly income — either to help with your household outgoings, or contribute to a few of life's little extras. The choice is yours.

Why choose this product?	If you are aged 60 or over and want a monthly income at a guaranteed rate
Who can invest?	Anyone aged 60 or over
Minimum purchase	£500
Maximum	£1 million in total
Investment term	Choice of terms — currently 1, 2 and 5 years
Interest	Rates guaranteed for length of term
Tax status	Taxable, paid gross