Invest from £1 up to £4,368 (Tax year 2019/20) per Issue for each child. Parents, legal guardians and (great) grandparents can invest on behalf of their child or grandchild aged under 16. Save from just £1 up to £20,000 in the 2019/20 tax year.Ī cash ISA is only offered, not a stocks and shares ISA or innovative finance ISA.Ī Junior ISA is suitable for anyone who wants to make a long-term, tax-free investment for a child’s future. You can save from £1 up to £2 million per person.ĭirect ISA offers you a straightforward and secure way to save tax-free and manage your account online and by phone.Īnyone aged 16 or over who is resident in the UK for tax purposes can open an account. You can pay in or take out money whenever you want, with no notice and no penalties.Īnyone aged 16 or over can open an account, either individually or jointly with someone else. You can find out more, apply online, or if you have Premium Bonds find out if you've won at the National Savings and Investment (NS&I) website.ĭirect Saver offers you the convenience of managing your account online and by phone. ![]() Prizes range from £25 to £1 million and are all tax-free. Every number has a separate and equal chance each month of winning a prize. You get a unique Bond number for every £1 you invest. More than two million prizes are paid out every month to lucky Bond holders whose numbers are generated completely at random. Instead your Bonds enter a monthly prize draw for a chance to win tax-free prizes. You can invest from £25 up to £50,000 in total. You can find out more and apply online at the National Savings and Investment (NS&I) website.Īnyone aged 16 or over can buy Premium Bonds. ![]() Interest is paid monthly straight into your bank or building society account. You can invest from £500 up to £1 million per person in total, across all your Income Bonds accounts and you can get your money back whenever you want, with no notice and no penalties. Income Bonds offer a type of investment that pays interest regularly to the holder. About National Savings and Investments (NS&I).The money invested in NS&I products is used by HM Treasury to cost-effectively manage the national debt by contributing to the government’s financing needs. National Savings and Investments (NS&I) is an executive agency of the Chancellor of the Exchequer. National Savings and Investments (NS&I) offers a wide range of savings and investment products that are backed by HM Treasury.
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