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NS&I Green Savings Bonds
Key features
What are NS&I’s Green Savings Bonds?
They are lump sum investments that earn a fixed rate of interest over three years.
With a guaranteed return, you can be sure how your money will grow and exactly
what you’ll receive at the end. By investing in Green Savings Bonds, savers will be
contributing towards green projects chosen by the Government. These projects
will help make our environment greener, cleaner and more sustainable.
You can only invest and manage the Bond online at nsandi.com
The investment’s key features:
• The Bond is designed to be held for the whole term. You can’t cash it in
before the end of the term
• Interest is added to your Bond once a year
• Interest is taxable
• Once you’ve invested in your Bond, you can manage it online only
• You can cancel within 30 days of receiving confirmation of your Bond
• Bonds are released in ‘Issues’. Each Issue will have a set term and a set
interest rate
• Each Bond you buy must be for at least £100
• You can invest up to £100,000 per person in each Issue
• You can invest jointly with one other person
Please also read the summary box
About tax
If you are a UK taxpayer, you have a tax-free Personal Savings Allowance of
£1,000 on the interest you earn on your savings (or £500 for higher-rate
taxpayers). Find out more at nsandi.com/tax-and-savings
The interest you earn on your Green Savings Bond counts towards your
Personal Savings Allowance in the tax year that your Bond matures, together
with any interest you earn from other taxable savings.
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