National Savings & Investments: Income Bond

Provider:
National Savings & Investments
Account:Income Bond
Account type:Savings Account
Tax status:Taxable
Rates & conditions
Headline interest rate 1.00% AER
Interest rate type Variable
Interest payment frequency Monthly
Rate tiers
Gross Rate Excluding BonusGross Rate Including BonusAER
£5001.00%1.00%1.00%
Introductory bonus No introductory bonus payable.
Bonus payment conditions Not applicable.
Interest rate guarantees There are no interest rate guarantees.
Interest payment options to bank account
Opening the account
Minimum age 16 years
Maximum age -
Minimum deposit £500
Account opened
Branch
Post
Phone
Internet
Managing the account
Minimum balance £500
Minimum withdrawal £500
Minimum additional deposit £0
Maximum balance £1,000,000
Withdrawal conditions Withdrawal Conditions - None.
Transactions
Branch
Post
Phone
Internet
Statement frequency annually
Additional information There is no additional information