The way you log in to your account has changed.
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Go green with our new fixed-rate, fixed-term Bonds.
When you invest in Green Savings Bonds, your savings will be contributing to green projects chosen by the Government.
HM Treasury plans to allocate an amount equivalent to the funds raised from Green Savings Bonds, to its chosen green projects, within two years.
The Government will publish details about how the money is being spent and what the environmental benefits are, so you can see the difference you’re making.
Green Savings Bonds is also an ‘online only’ account, meaning you’ll need to invest and manage your Bonds online. This means we'll send out less paper.
Yes! Just fill out a quick online form and we’ll get it sorted for you. Be sure to have the details of the account you want to switch from to hand.
Switch to Green Savings Bonds – individual accountOnly use if switching from another NS&I account or investment
Switch to Green Savings Bonds – joint accountOnly use if switching from another NS&I account or investment
It will take a bit longer, but you can still download and send us a paper form in the post.
Our Green Savings Bonds are designed to invest and manage online. However, if you cannot invest online please call us and we’ll let you know your options.
All money invested in NS&I is passed onto HM Treasury and contributes towards government spending. Money invested in Green Savings Bonds will also go to HM Treasury and be held in a general account. HM Treasury then plans to allocate an amount equivalent to the proceeds raised from Green Savings Bonds, to its chosen green projects, within two years.
The Government will publish details about how the money is being spent and what the environmental benefits are, so you can see the difference you’re making. Learn more about the key areas the Government are planning to spend your money on:
https://www.gov.uk/government/publications/uk-government-green-financing
The interest you earn on Green Savings Bonds will count towards your taxable income in the tax year your Bond matures. But this doesn’t mean you’ll have to pay tax on it. It all depends how much interest you earn in total and what rate of tax you pay. You can find out more in our Help section.
No. Once you invest, you won’t be able to access your money until your Bond reaches the end of its term, but in return you’ll be guaranteed a fixed rate of interest for three years.
If you change your mind, you can cancel within 30 days of receiving confirmation of your Bond. You can do this online or by phone, or you can write to us.
We'll refund your money, plus any interest earned, within 14 days of cancellation.
We’ll ask you as part of your application if you’d like to save with someone else. You’ll each get your own login details so you can manage your account.
Please read the summary box and customer agreement (below).
If applying jointly, you’ll also need the following info from the second investor:
We’ll process your application and aim to open your account in 7-10 working days. If applying jointly, we’ll contact the second investor by post.
We'll need to check the identity and address of everyone named on the application. To do this, we may ask you to upload or send us some documents.
Documents that prove your identity and addressNS&I Green Savings Bonds
3-year term, Issue 3
3.00% gross/AER
We calculate the interest daily and add it to your Bond on each anniversary of your investment.
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 £1,092.73 at the end of the 3-year term.
This is an illustration only, so it doesn’t take into account your individual circumstances.
Our Green Savings Bonds are for customers aged 16 or over. You can invest in Bonds in your own name or jointly with one other person.
You can:
If you want to switch to Green Savings Bonds from another NS&I account or investment, visit:
or
No, Green Savings Bonds are a fixed term investment that has to be held for the full term. This means that you won’t be able to access your money until it matures.
We’ll contact you to let you know your options at least 30 days before your Bond matures.
We add your interest without deducting any tax. However, the interest is taxable so it will count towards your Personal Savings Allowance in the tax year that your Bond matures.
Find out more about tax and savings
We’ll send you a statement in April each year, showing the interest you’ve earned and your balance. You can choose to receive your statements electronically or by post.
Gross is the taxable rate of interest without the deduction of UK Income 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.
Please make sure you’ve read our current summary box and customer agreement (terms and conditions) before applying.
Apply nowPlease read the below Summary Box below before switching to this account as an individual.
NS&I Green Saving Bonds
3-year term, Issue 3
3.00% gross/AER
We calculate the interest daily and add it to your Bond on each anniversary of your investment.
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 after 12 months based on a £1,000 deposit?
A £1,000 deposit would be worth £1,092.73 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 or additional deposits during the year.
Our Green Savings Bonds are for customers aged 16 or over. You can invest in Bonds in your own name or jointly with one other person.
You can:
If you want to switch to Green Savings Bonds from another NS&I account or investment, visit:
or
No, Green Savings Bonds are a fixed term investment that has to be held for the full term. This means that you won’t be able to access your money until it matures.
We’ll contact you to let you know your options at least 30 days before your Bond matures.
We add your interest without deducting any tax. However, the interest is taxable so it will count towards your Personal Savings Allowance.
Find out more about tax and savings
We’ll send you a statement in April each year, showing the interest you’ve earned and your balance. You can choose to receive your statements electronically or by post.
Gross is the taxable rate of interest without the deduction of UK Income 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.
Please make sure you’ve read our current summary box and customer agreement (terms and conditions) before applying.
You’ll need the following information to hand:
Please read the below Summary Box below before switching to this joint account.
NS&I Green Saving Bonds
3-year term, Issue 3
3.00% gross/AER
We calculate the interest daily and add it to your Bond on each anniversary of your investment.
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 after 12 months based on a £1,000 deposit?
A £1,000 deposit would be worth £1,092.73 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 or additional deposits during the year.
Our Green Savings Bonds are for customers aged 16 or over. You can invest in Bonds in your own name or jointly with one other person.
You can:
If you want to switch to Green Savings Bonds from another NS&I account or investment, visit:
or
No, Green Savings Bonds are a fixed term investment that has to be held for the full term. This means that you won’t be able to access your money until it matures.
We’ll contact you to let you know your options at least 30 days before your Bond matures.
We add your interest without deducting any tax. However, the interest is taxable so it will count towards your Personal Savings Allowance.
Find out more about tax and savings
We’ll send you a statement in April each year, showing the interest you’ve earned and your balance. You can choose to receive your statements electronically or by post.
Gross is the taxable rate of interest without the deduction of UK Income 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.
Please make sure you’ve read our current summary box and customer agreement (terms and conditions) before applying.
You’ll need the following information to hand:
If you already have an account with us, you can top it up whenever you like.
When you pay by bank transfer, you're confirming your bank account is a UK account in your name.
Please make sure you've set up your account before transferring money via your bank.
When you set up your payment, you may receive a message saying 'This account can't be checked' or something similar. This doesn't mean the details you are using are wrong but please check them carefully.
Topped up by bank transfer or standing order? You’ll be able to see the money in your account in 2-3 working days.
For more information on topping up by bank transfer see our FAQs
Top up your Green Savings Bonds using your debit card
2.15%
Save up to £20,000 without paying a penny in tax on the interest.
Invest from £1 to £20,000 in the tax year 2022/23.
2.60%
An easy access savings account that pays your interest yearly, to top up your savings.
Invest from £1 to £2 million.
3.15% annual prize fund rate
A fun way to save, with the chance to win tax-free prizes each month.
Invest from £25 to £50,000.
Most banks only guarantee your savings up to £85k. We’re the only provider that secures 100% of your savings, however much you invest.
We're backed by HM Treasury and we've been helping people save for over 160 years. Today, over a third of UK savers trust us with their money.
We created Premium Bonds and you can only get them from us. Open an account and you could win big in our monthly prize draw.
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