National Savings

National Savings and Investments (NS&I) is one of the largest providers of savings and investments in the UK. It is backed by HM Treasury, so any money you invest will be 100 per cent secure. NS&I is best known for Premium Bonds, but also offers a wide range of other accounts and investments.

NS&I is a government department offering saving and investment schemes to the general public. It is not like saving with a bank or building society. Instead you are lending money to the government to finance public spending. Because NS&I is backed by HM Treasury, you can rest assured that all your capital is 100 per cent secure, however much you invest.

Types of NS&I Savings Schemes:

NS&I currently offers eleven different products. These are split into the following categories:

Tax-Free 

Some of NS&I’s products are tax-free. This means you do not have to pay UK Income Tax or Capital Gains Tax on any interest or prizes you receive.

Currently, these are:

  • Premium Bonds
  • Index-linked Savings Certificates
  • Fixed Interest Savings Certificates
  • Direct ISA
  • Children's Bonus Bonds

Guaranteed Returns

  • Guaranteed Growth Bonds
  • Index-linked Savings Certificates
  • Fixed Interest Savings Certificates

Income

  • Guaranteed Income Bonds
  • Income Bonds

Savings Accounts

  • Investment Account
  • Easy Access Savings Account
  • Direct ISA

Other

  • Guaranteed Equity Bonds

Last updated: 22/04/2010 14:28:34