National Savings & Investments 5 Year Index-linked Savings Cert. Issue 45 Yr 1
Compare the National Savings & Investments 5 Year Index-linked Savings Cert. Issue 45 Yr 1 with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare National Savings & Investments 5 Year Index-linked Savings Cert. Issue 45 Yr 1 details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | National Savings & Investments www.nsandi.com | ||
| Product: | 5 Year Index-linked Savings Cert. Issue 45 Yr 1 | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Term | ||
| Rate Type: | The type of interest rate is rpi. | ||
| Headline Interest Rate: | The headline interest rate is 5.30% AER. | ||
| Interest Rate Guarantees: | The interest rate on this account tracks the Retail Price Index with a fixed loading as follows: Year 1 - RPI + 0.10% Year 2 - RPI + 0.20% Year 3 - RPI + 0.25% Year 4 - RPI + 0.50% Year 5 - RPI + 0.71% | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age is 7 years. | ||
| Area Restrictions: | There are no area restrictions | ||
| Minimum Investment: | The minimum investment required to open this account is £100. | ||
| Maximum Investment: | The maximum investment allowed is £15000 per issue. | ||
| Minimum Balance: | The minimum balance is £1. | ||
| 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 product is tax free. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £100 5.05% 5.05% 5.30% | ||
| Fixed Term: | This account has a fixed term of 5 years | ||
| Fixed Term in Months: | The fixed term of this account is 60 months | ||
| Fixed Interest Rate: | The interest rate is not fixed. | ||
| Term Period: | The account term is 60 months. | ||
| Interest Payment Freq: | Interest is paid at the end of the 5 year term. | ||
| 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: | If a wdl or closure made within year 1, no interest paid. Thereafter, wdls or closure result in a lower overall interest rate paid. | ||
| Withdrawal Conditions: | Withdrawal Conditions If the a withdrawal is made or the account is closed before the first anniversary of the account being opened no interest will be paid.Thereafter any withdrawals or closure will result in a lower overall rate of interest being paid. Index-linking and interest will only be paid for each complete month (i.e. months where a withdrawal is not made). | ||
| Closure Before Maturity: | Closure terms are the same as withdrawal terms. | ||
| 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 Notice: | There is no notice period required for withdrawals. | ||
| Withdrawal Penalty: | There is no withdrawal penalty. | ||
| Withdrawal Charge: | If the a withdrawal is made before the first anniversary of the account being opened no interest will be paid.Thereafter any withdrawals will result in a lower overall rate of interest being paid. Index-linking and interest will only be paid for each complete month (i.e. months where a withdrawal is not made). | ||
| W/d Notice/Penalty/Charge: | If the a withdrawal is made before the first anniversary of the account being opened no interest will be paid.Thereafter any withdrawals will result in a lower overall rate of interest being paid. Index-linking and interest will only be paid for each complete month (i.e. months where a withdrawal is not made). | ||
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| Products: | www.nationalsavings.co.uk Savings | ||
