NS&I Investment Guaranteed Growth Bonds
What is the interest rate?
3-year term, Issue 1
We calculate the interest daily and add it to your Bond on each anniversary of investment.
Can NS&I change the interest rate?
No, you’ll receive the rate on offer at the time you invest and that rate will be fixed for the 3-year term.
What would the estimated balance be at the end of the term based on a £1,000 deposit?
A £1,000 deposit would be worth £1,067.46 at the end of the 3-year term.
This is an illustration only, so it doesn’t take into account your individual circumstances. It assumes that you don’t make
any withdrawals during the term.
How do I open and manage my account?
Our Investment Guaranteed Growth Bonds are for customers aged 16 or over. You can invest in Bonds in your own name or jointly
with one other person.
apply for, and manage, your Investment Guaranteed Growth Bonds online only
invest at least £100, paid by a debit card in your own name, issued by a UK bank
invest up to a total of £3,000 per person
If you want to switch to Investment Guaranteed Growth Bonds from another NS&I account or investment:
Download a switching form
Can I withdraw money?
Yes, before the end of the term you can cash in all or part of your Bond online with no notice. We will deduct a penalty
equal to 90 days’ interest on the amount you cash in. This means that if you cash in within 90 days of buying your Bond,
you’ll get back less than you invested. You need to keep a balance of at least £100 to keep your Bond open.
At the end of the term you can cash in with no penalty. We’ll contact you about a month before the end of the term to let
you know your options.
We add your interest without deducting any tax. However, the interest is taxable so it will count towards your Personal
Find out more about tax and savings
We’ll send you a statement in April each year, showing the interest you’ve earned and any withdrawals you might have made.
You can choose to receive your statements electronically or by post.
is the taxable rate of interest without the deduction of UK Income Tax.
(Annual Equivalent Rate) illustrates what the annual rate of interest would be if the interest was compounded each time
it was paid. Where interest is paid annually, the quoted rate and the AER are the same.