National Savings Accounts
National Savings Accounts
The National Savings department, operated by the Government, offers a range of accounts and bonds. Although National Savings may not solve all your savings problems, they are still one of the safest places to store your money.
As all products are capital secure, investors receive their money back whatever the circumstances.
Some is returned tax-free, others pay interest gross but savers have to declare it on their tax returns, while fixed rate savings bonds pay interest after the deduction of 20% tax (cannot be reclaimed).
NS&I operate a variety of savings accounts, savings bonds and of course, tax free bonds.
| savings news |
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| ISA allowance saves consumers thousands - Fri, 12 Mar 2010 |
| Savings rates falling to fund mortgage cuts - Wed, 10 Mar 2010 |
| Savings accounts hit by latest base rate decision - Mon, 08 Mar 2010 |
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