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Here are our products

However much you invest, all of your money is 100% safe with us as we’re backed by HM Treasury.

What you can buy

Premium Bonds

Can be bought for children under 16 Tax-free Easy access ISA Fixed rate

Rates/info

1.40% Variable rate used to calculate prize fund
  • Invest from £25 to £50,000
  • Access: Withdraw any time
  • Prizes: from £25 to £1 million
  • Tax: All prizes are tax-free

Tax free prizes. The odds of each £1 unit winning a prize are 24,500 to 1 each month The rate and the odds are variable

Win from £25 up to £1 million, tax-free, in our monthly prize draw

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Junior ISA

For children under 18 Tax-free ISA

Rates/info

3.25% tax-free/AER
  • Invest from £1 to £9,000 tax year 2020/21
  • Access: No withdrawals until age 18
  • Rate: Variable
  • Tax: Tax-free

Give your little ones a head start with tax-free savings. You can also transfer from an existing Junior ISA or Child Trust Fund

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Income Bonds

Easy access Available jointly

Rates/info

1.15% / 1.16% gross/AER
  • Invest from £500 to £1 million
  • Access: No notice, no penalty
  • Rate: Variable
  • Tax: Taxable, paid gross

With monthly returns, you don’t need to wait to get your hands on some extra income

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Direct ISA

Tax-free Easy access ISA

Rates/info

0.90% tax-free/AER
  • Invest from £1 to £20,000 tax year 2020/21
  • Access: No notice, no penalty
  • Rate: Variable
  • Tax: Tax-free

Save up to £20,000 without paying a penny in tax on the interest

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Direct Saver

Easy access Available jointly

Rates/info

1.00% gross/AER
  • Invest from £1 to £2 million
  • Access: No notice, no penalty
  • Rate: Variable
  • Tax: Taxable, paid gross

Open your account with just £1. Enjoy easy access to your savings which can be managed online or by phone

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Investment Account

Can be bought for children under 16 Easy access Available jointly

Rates/info

0.80% gross/AER
  • Invest from £20 to £1 million
  • Access: No notice, no penalty
  • Rate: Variable
  • Tax: Taxable, paid gross

Straightforward savings by post with easy access to your money

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Definitions

  • Tax-free means that the interest or prizes are exempt from UK Income Tax and Capital Gains Tax.
  • AER (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.
  • Gross is the taxable rate of interest without the deduction of UK Income Tax.

For customers with maturing investments

No longer available

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