National Savings & Investments Investment Account
Compare the National Savings & Investments Investment Account with the UK's best savings, including savings details, application criteria, introductory rates, rates, managing account and fees & charges.
 |  Compare National Savings & Investments Investment Account details directly with other savings or compare savings using our savings comparison tables. | ||
| Company: | National Savings & Investments www.nsandi.com | ||
| Product: | Investment Account | ||
| Apply via this site: | Not available | ||
| Savings Details | |||
 Account Type: | Instant Access | ||
| Rate Type: | The type of interest rate is variable. | ||
| Headline Interest Rate: | The headline interest rate is 1.90% AER. | ||
| Application Criteria | |||
| Existing Customer Only: | No | ||
| Minimum Age: | The minimum age is 7 years. | ||
| Area Restrictions: | There are no area restrictions that apply to this account | ||
| Minimum Investment: | The minimum investment required to open this account is £20. | ||
| Maximum Investment: | The maximum investment on this account is £1,000,000 | ||
| 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 not tax free, although interest is paid gross. Taxpayers will need to declare their interest to the Inland Revenue. | ||
| Open-ended Bonus: | No open-ended bonus payable. | ||
| Rate Tiers: | Gross Rate Gross Rate AER Excluding Bonus Including Bonus £20 1.00% 1.00% 1.00% £500 1.05% 1.05% 1.05% £5,000 1.15% 1.15% 1.15% £10,000 1.35% 1.35% 1.35% £25,000 1.55% 1.55% 1.55% £50,000 1.90% 1.90% 1.90% | ||
| Interest Payment Freq: | Interest is paid annually on the 31st December. | ||
| Managing Account | |||
| Instant: | This is not an instant access account as withdrawals can only be made by post. | ||
| Passbook: | A passbook is provided when this account is opened. | ||
| Transactions at Branch: | Transactions can be made at a Post Office branch. | ||
| Statement Frequency: | Statements are not issued. | ||
| 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: | There are no withdrawal conditions. | ||
| Withdrawal Conditions: | Withdrawal Conditions - None. | ||
| Fees & Charges | |||
| Penalty on all Wdls: | There is not a penalty on all withdrawals. | ||
| Compare | |||
| Products: | www.nationalsavings.co.uk Savings | ||
