National Savings & Investments 1 Year Guaranteed Income Bond
Compare the National Savings & Investments 1 Year Guaranteed Income Bond with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare National Savings & Investments 1 Year Guaranteed Income Bond details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | National Savings & Investments www.nsandi.com | ||
| Product: | 1 Year Guaranteed Income Bond | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Term | ||
| Rate Type: | The type of interest rate is fixed. | ||
| Headline Interest Rate: | The headline interest rate is 4.18% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age is 16 years. | ||
| Area Restrictions: | There are no area restrictions. | ||
| Minimum Investment: | The minimum investment required to open this account is £500, | ||
| Maximum Investment: | The maximum investment allowed is £1,000,000 in total (individual or joint). | ||
| Minimum Balance: | The minimum balance is £500. | ||
| Open to UK Residents: | This product is available to UK residents. | ||
| Introductory Rates | |||
| Introductory Bonus: | No introductory bonus payable. | ||
| Incentives Offered: | There are no free gifts or incentives offered with this account. | ||
| Rates | |||
| Tax Free: | This account is not tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £500 4.10% 4.10% 4.18% | ||
| Fixed Term: | This account has a fixed term of 1 year. | ||
| Fixed Term in Months: | The fixed term of this account is 12 months. | ||
| Fixed Interest Rate: | The interest rate is fixed. | ||
| Fixed Rate Period: | The interest rate is fixed for a period of 1 year. | ||
| Term Period: | The account term is 12 months. | ||
| Interest Payment Freq: | Interest is paid monthly. | ||
| Managing Account | |||
| Passbook: | A passbook is not provided. | ||
| Transactions at Branch: | Transactions cannot be made at a branch. | ||
| Statement Frequency: | Statements are issued annually. | ||
| Transactions by Phone: | Transactions cannot be made by telephone. | ||
| Transactions by Internet: | Transactions cannot be made via the internet. | ||
| Transactions by Post: | Transactions can be made by post. | ||
| Special Access: | No penalty if cashed in at end of term otherwise a penalty equal to 90 days interest | ||
| Withdrawal Conditions: | Withdrawal Conditions No penalty if cashed in at end of term otherwise a penalty equal to 90 days interest. | ||
| Closure Before Maturity: | Closure of this account is permitted before maturity subject to 90 days interest penalty. | ||
| Transferred on Maturity: | This account provides access to the money at the end of the term with no notice and no penalty. | ||
| Fees & Charges | |||
| Withdrawal Penalty: | An interest penalty of 90 days is applied when a withdrawal is made. | ||
| Withdrawal Charge: | There is no charge applied for withdrawals. | ||
| W/d Notice/Penalty/Charge: | No penalty if cashed in at end of term otherwise a penalty equal to 90 days interest. | ||
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| Products: | www.nationalsavings.co.uk Savings | ||
