Full product details for the NS&I Direct ISA 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.
from 23 ratings
23 customers rated their NS&I savings as 4.3 out of 5 in our 2010/2011 Consumer Finance Awards.
The minimum monthly credit is £100 by standing order. Regular monthly payments are not compulsory.
Online Access
yes
Transactions can be made via the internet.
Branch Access
no
Transactions cannot be made at a branch.
Phone Access
yes
Transactions can be made by telephone.
Withdrawal Restrictions
no notice, penalty or charge
No notice, penalty or charge is made for withdrawals.
Introductory Bonus
0%
No introductory bonus payable.
Withdrawal Notice
0 days
No notice is required for withdrawals.
ISA Transfers Accepted
no
Transfers in are not accepted from other Cash ISA providers, however, if the investor already holds an NS&I Cash ISA, it can be transferred into the Direct ISA.
Minimum Initial Investment
£100
The minimum investment is £100.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
New Money Only
no
Not applicable.
Minimum Monthly Investment
£100
The minimum monthly credit is £100 by standing order. Regular monthly payments are not compulsory.
Minimum Age
16 years
The minimum age is 16 years.
Area Restrictions
none
There are no area restrictions.
Minimum Initial Investment
£100
The minimum investment is £100.
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