National Savings

National Savings do some good investment products and some not so good, this review concentrates on CHILDRENS BONUS BONDS. Firstly I have to say, please do NOT get these confused with the Governments relatively new Child Trust Fund (sometimes known as Baby Bonds) or Premium Bonds. They are not connected in any way. Childrens Bonus Bonds are not advertised and therefore sometimes forgotton about as an 'alternative' gift or to help you save for your childs future. How many times have we all spent an amount of money on a present for your child/neice/nephew or friends children only for it to be outgrown in a few months? . Or perhaps ...  Read the complete review

National Savings & Investment Guaranteed Equity Bond Play the stock market without risking a penny exclaims the brochure. This product gives you the opportunity to invest as little as £2,000, and benefit in the returns the stock market makes over the next 5 years, without risking a penny of your capital! It sounds too good to be true. So, how good is it really? What Can I Invest? £2,000 is the minimum investment. £1m is the maximum, although this is doubled for joint holdings. Strangely, neither Mrs Opinions4u or myself is going to be troubled by the upper limit. Can I Access My Money? No. This is ...  Read the complete review

I'm sorry, I can't stop laughing. I've just been reading the prospectus for the National Savings Ordinary Account and it's the funniest thing I've read in a while. Now I don't normally find such things funny, but this has to be read to be believed. I'd better give you a bit of background so that you can appreciate the joke as well, hadn't I? This is the basic Instant Access Account provided by the Post Office. You get a passbook. "Keep track of your savings with your passbook" says the prospectus, as though you would be incapable of doing so if you didn't have one. You need a minimum of £10 to open the ...  Read the complete review