NS&I Products

Question 1

What are the two ISA products offered by NS&I?

Answer 1

Direct ISA
Junior ISA

Question 2

How is an NS&I direct ISA opened and managed?

Answer 2

Online and phone

Question 3

How is the NS&I junior ISA opened and managed?

Answer 3

Online only

Question 4

Have NS&I adopted the flexible ISA rules?

Answer 4

No

Question 5

What’s the minimum age for an NS&I income bond investor?

Answer 5

16

Question 6

What are the NS&I income bond cash in rules?

Answer 6

Cash in at anytime with no notice period or penalty

Question 7

What is the tax treatment to the investor on an NS&I income bond?

Answer 7

Taxable but can be offset against the personal allowance

Question 8

How often is income paid on an NS&I income bond?

Answer 8

Monthly

Question 9

What are the 2 types of NS&I bank accounts offered?

Answer 9

Investment account
Direct saver

Question 10

Which NS&I bank account can be opened by post only?

Answer 10

Investment account

Question 11

Who is eligible to purchase NS&I savings certificates?

Answer 11

Existing customers with maturing certificates

Question 12

Who is eligible to purchase a guaranteed growth or income bond with NS&I?

Answer 12

Exiting bond holders

Question 13

What are the fixed terms available with an NS&I guaranteed income and growth bond?

Answer 13

1, 2, 3, and 5 years

Question 14

What is the minimum renewable amount on an NS&I guaranteed income or growth bond?

Answer 14

£500

Question 15

What is the fixed term when investing in an NS&I green savings bond?

Answer 15

3 years

Question 16

What interest does a green savings bond with NS&I pay?

Answer 16

1.3%