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Children's Bonus Bonds

Invest tax-free for your children’s future

Providing for your children's future is hard enough. Why should you be taxed on it too?

With Children's Bonus Bonds from National Savings and Investments you can invest tax-free for your child's future in their own name. All returns on Children's Bonus Bonds are completely tax-free for both child and parent. "Tax-free" means you don't have to pay any UK Income Tax or Capital Gains Tax.

We’ve included a summary box below to help you compare this investment with those from other providers.

Summary box: key product information


Account name

NS&I Children’s Bonus Bonds

Interest rates (AERs)

Fixed for set terms – see interest rates

Tax status 

Tax-free

Conditions for bonus payment

Bonus paid when held for five years

Withdrawal arrangements

Can be cashed in early, but no interest earned if cashed in within first year

Access

Apply at a Post Office® or by post; cash in by post
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Benefits

  • Tax-free
  • Guaranteed rate
  • Bonus every five years
  • No tax for parents to pay