NS&I
Income Bonds
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General

Gross Interest Rate1.15%


AER1.16%

Opening

Method of opening accountInternet, Telephone, Post
Minimum age of account holder16
Minimum deposit£500
Maximum deposit£1,000,000
Contact details for opening08085 007 007
Go to NS&I Website
NS&I, Glasgow G58 1SB

Ongoing

Frequency interest paidMonthly
Interest fixed untilVariable
Details of any bonus ratesN/A
Minimum ongoing balance£500
Compound interest or paid into separate accountPaid into a nominated account

Closing/Accessing funds

Withdrawals allowedCash in at any time without penalty
How withdrawals are madeInternet, Telephone, Post
Early access penaltiesNo
Notice requiredNo