National Savings
National Savings and Investments
INTEREST RATES
Fixed gross rates*
| New Issues from 19 February 2009 | Rate pa | AER** |
|
1-Year Guaranteed Growth Bond - Issue 47 Taxable, paid net |
1.00% | 1.00% |
|
3-Year Guaranteed Growth Bond - Issue 41 Taxable, paid net |
1.75% | 1.75% |
|
5-Year Guaranteed Growth Bond - Issue 38 Taxable, paid net |
2.60% | 2.60% |
|
1-Year Guaranteed Income Bond - Issue 47 Taxable, paid net |
1.00% | 1.00% |
|
3-Year Guaranteed Income Bond - Issue 41 Taxable, paid net |
1.70% | 1.71% |
|
5-Year Guaranteed Income Bond - Issue 38 Taxable, paid net |
2.55% | 2.58% |
Fixed tax-free rates ‡
| New Issues from 19 February 2009 | Rate pa | AER** | |
|
Children’s Bonus Bonds - Issue 33 Guaranteed compound rate over 5 years (including 5th anniversary bonus) |
2.30% | 2.30% | |
|
Rate pa/AER** |
Equivalent grossed up rate for basic rate taxpayers † | Equivalent grossed up rate for higher rate taxpayers † | |
|
2-Year Fixed Interest Savings Certificates - 46th Issue Guaranteed compound rate over 2 years |
0.95% | 1.19% | 1.58% |
|
5-Year Fixed Interest Savings Certificates - 95th Issue Guaranteed compound rate over 5 years |
1.90% | 2.38% | 3.17% |
| Variable gross rates* |
Current Rate pa |
Current AER** |
New Rate pa |
New AER** |
|
| Income Bonds | £25,000+ | 2.20% | 2.22% | 1.45% | 1.46% |
| New rates from 19 February 2009 | £500 - £24,999 | 1.95% | 1.97% | 1.20% | 1.21% |
| Investment Account | £50,000+ | 0.90% | 0.90% | 0.50% | 0.50% |
| New rates from 19 February 2009 | £25,000+ ◊ | 0.55% | 0.55% | 0.40% | 0.40% |
| £10,000+ ◊ | 0.35% | 0.35% | 0.40% | 0.40% | |
| £5,000+ ♦ | 0.35% | 0.35% | 0.30% | 0.30% | |
| £500+ ♦ | 0.35% | 0.35% | 0.30% | 0.30% | |
| £1 to £500 ♦ | 0.35% | 0.35% | 0.30% | 0.30% | |
| Easy Access Savings Account | £50,000+ | 1.20% | 1.20% | 0.70% | 0.70% |
| New rates from 19 February 2009 | £25,000+ ◊ | 0.95% | 0.95% | 0.45% | 0.45% |
| £10,000+ ◊ | 0.70% | 0.70% | 0.45% | 0.45% | |
| £100+ | 0.45% | 0.45% | 0.30% | 0.30% |
| Variable tax-free rates ‡ |
Current Rate pa |
Current AER** |
New Rate pa |
New AER** |
|
Direct ISA New rate from 19 February 2009 |
2.30% | 2.30% | 1.80% | 1.80% |
|
Cash ISA New rate from 19 February 2009 |
1.40% | 1.40% | 0.90% | 0.90% |
|
T Cash ISA New rate from 19 February 2009 |
1.40% | 1.40% | 0.90% | 0.90% |
| * | Gross is the taxable rate of interest payable without the deduction of UK Income Tax. |
| ** |
AER (Annual Equivalent Rate) enables you to compare interest rates from different financial institutions on a like-for-like basis. It shows what the notional annual rate would be if interest was compounded each time it was credited or paid out. Where interest is credited once a year the rate quoted and the AER will be the same. |
| ♦ | These interest rate tiers have now been combined into one tier. |
| ◊ | These interest rate tiers have now been combined into one tier. |
| ‡ | Tax-free means that the return is exempt from UK Income Tax and Capital Gains Tax at all rates of taxation. |
| † | At current rates of tax. |
If you would like further information on our savings and investments please call 0845 964 5000
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Or visit our website at nsandi.com
National Savings and Investments is backed by HM Treasury