National Savings & Investments Guaranteed Income Bond, Issue 57
Which? customer score 55%
|Branch access||Online account||Minimum saving amount||Maximum saving amount||Interest paid|
Whether you can operate the account through a bank branch.
Whether the account can be managed online.
The minimum amount you have to keep in the account.
The maximum amount you can keep in the account.
How often interest is paid.
National Savings & Investments customer satisfaction scorecard:How do we work this out?
|Clarity of statement||Interest rate information||Regular contact||Customer service||Overall customer score|
|Minimum saving amount||£500|
|Maximum saving amount||£1,000,000|
|Minimum initial deposit||£500|
|Restricted locations note||N/A|
|Existing customer note||N/A|
|Account type||Fixed Term|
|ISA transfers allowed||No|
|Minimum regular monthly deposit||N/A|
|Maximum regular monthly deposit||N/A|
|Withdrawals note||Before the end of the term you can cash in all or part of your Bond online, by phone or by post with no notice. We will deduct a penalty equal to 90 days’ interest on the amount you cash in. This means that if you cash in within 90 days of buying your Bond, you’ll get back less than you invested. You need to keep a balance of at least £500 to keep your Bond open. At the end of the term you can cash in with no penalty.|
|Fixed term||1095 days|
|Account fee charged||N/A|
|Part of FSCS||Yes|
|FSCS note||NS&I is backed by HM Treasury so all the money you invest will be 100% secure.|
|Interest paid type||Compound|
|Introductory bonus note||N/A|
|Conditional bonus note||N/A|
|From (£)||To (£)||AER including bonus (%)||Bonus rate (%)||AER excluding bonus (%)||Interest type|