NS&I Children's Bonus Bonds (Issue 34)

Full product details for the NS&I Children's Bonus Bonds (Issue 34) savings account, including application criteria, introductory rates, rates, isas, children's savings, over 50s isas, account access, account management, fees & charges, business accounts and structured investment plan.
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NS&I Children's Bonus Bonds (Issue 34) Features & Benefits

Account TypeFixed Bond 
Account Term5 yearsThe term period of this account is 60 months.
Rate TypefixedThe type of interest rate is fixed.
Headline Interest Rate2.5%The headline interest rate is 2.50% AER.
Headline Interest Balance£2525
Online AccessnoTransactions cannot be made via the internet.
Branch AccessnoTransactions cannot be made at a branch.
Phone AccessnoTransactions cannot be made by phone.
Withdrawal Restrictionscharge only 
Introductory Bonus0%No introductory bonus payable.
Introductory Bonus Conditionsbonus paid on 5th anniversaryBonus Conditions - A bonus of £0.89 per £25 unit will be paid on the 5th anniversary of the account being open. If the account is closed before the five year term no bonus will be paid.
Withdrawal Notice0 daysNo notice required for withdrawals.
Minimum Initial Investment£25The minimum investment is £25.
Closure Before MaturityyesClosure of the account is permitted before maturity.
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