NS&I
Premium Bonds
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General

Gross Interest RateAnnual prize fund interest rate 1.40%

AERAs above

Opening

Method of opening accountInternet, Telephone, Post
Minimum age of account holder16
Minimum deposit£100
Maximum deposit£50,000
Contact details for opening08085 007 007
Go to NS&I Website
NS&I, Glasgow G58 1SB

Ongoing

Frequency interest paidN/A
Interest fixed untilN/A
Details of any bonus ratesN/A
Minimum ongoing balance£100
Compound interest or paid into separate accountN/A

Closing/Accessing funds

Withdrawals allowedYes you can cash in all or part of your bonds at any time
How withdrawals are madeInternet, Telephone, Post
Early access penaltiesN/A
Notice requiredN/A