National Savings products are Government-backed and are used by the Government as a means of borrowing. Because they are Government-backed, they are seen as one of the most secure forms of saving and investment.
To make them more attractive, they offer certain tax concessions with upper limits on the amount that can be invested.
We list the main products offered below, but in some cases an individual product might not be available when you want to buy. National Savings offers other products in addition to the ones listed below.
Cash and Junior ISAs – tax-efficient savings.
National Savings Income Bonds – pay income monthly at a variable rate of interest. The interest is taxable, but paid without deduction of tax.
Premium Bonds – a chance to win up to £1 million, although numerous smaller prizes are also available in the monthly draw. All prizes are tax-free.
National Savings offer other products in addition to those listed. Products may be changed, withdrawn or altered at any time. Always consult your financial adviser before investing.
The value of investments can fall as well as rise and you may not get back the amount you originally invested. Past performance is not a guide to future performance.
Most National Savings and Investment products are not regulated by the Financial Conduct Authority.