Accounts in National Savings and Investments

National Savings and Investments (NS&I) is the largest government savings organisation. The government pays interest to customers in return for their lending. The money is used by the treasury to manage national debt costs efficiently.
All of the savings and investment products are government securities; they are the most secure cash deposits available in the UK market. The return you get depends on the account you choose. As with common savings accounts, direct access offer the lowest rates and bonds the highest. Tax free accounts pay very low interest rates that make return only visible to high rate tax payers. If you invest in premium bonds your money will be safely kept and you will be gambling on winning a price in the savings lottery.
The different savings accounts suit almost anyone. Although the risk of saving is pretty low, you should compare these products with others offered by banks and building societies. You might find that they also have low risk but higher return.