NS&I Income Bonds

General

Gross Interest Rate

1.15% - 0.01% from 24/11/2020

AER

1.16% - 0.01% from 24/11/2020

Opening

Method Of Opening Account

Internet, Telephone, Post

Minimum Age of Account Holder

16

Minimum Deposit

£500

Maximum Deposit

£1,000,000

Contact Details For Opening

08085 007 007
NS&I, Glasgow G58 1SB
Go to NS&I Website

Ongoing

Frequency Interest Paid

Monthly

Interest Fixed Until

Variable

Details of any Bonus Rates

N/A

Minimum Ongoing Balance

£500

Compound Interest or Paid Into Separate Account

Paid into a nominated account

Closing/Accessing funds

Withdrawals Allowed

Cash in at any time without penalty

How Withdrawals Are Made

Internet, Telephone, Post

Early Access Penalties

No

Notice/Term

None