NS&I Income Bonds
National Savings & Investments (NS&I) income bonds can provide you with a safe investment option for your money and a regular income in the form of interest repayments.
NS&I Income Bonds require a minimum investment of £500, and you may invest up to £1million. There are no penalties for withdrawing your money from NS&I income bonds, so they could be the right choice for you if you need to maintain easy accessibility to your fund.
NS&I income bonds interest rate are tired according to the amount that you invest, you will receive better rates if you are able to invest £250,000 or more you will receive a better rate of return on your investment.
Interest rates with such bonds are variable and may rise or fall, this means that the regular interest payments that you receive are not guaranteed.
NS&I income bonds are available for anyone over the age of 7 years old, and may be bought by trustees of behalf of one or two beneficiaries.
Before investing in NS&I income bonds it is a good idea to shop around to find out what other investment options are available to you, to ensure you’re getting the best deal to suit your needs. If you are unsure, you may want to speak to an independent investment advisor: