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Index-linked Savings Certificates

Inflation-beating savings with tax-free returns

With our inflation-beating savings, the value of your investment increases in line with inflation as measured by the Retail Prices Index (RPI) and earns guaranteed interest rates on top - with all your returns tax-free (which means that all returns are free of UK Income Tax and Capital Gains Tax). So you can be sure to keep ahead of rising prices.

Because inflation fluctuates, you won’t know exactly how much you are going to receive until your Certificates mature. But you can be sure that your money will have more spending power.

Why choose this product? If you want to make sure your investment will grow ahead of inflation, tax-free
Who can invest? Anyone aged 7 or over; can also be bought on behalf of under-7s
Minimum purchase £100
Maximum £15,000 per issue
Investment term Choice of terms — currently 3 and 5 years
Interest Index-linking to Retail Prices Index (RPI) plus guaranteed interest on top. No index-linking or interest will be earned on Certificates cashed in within one year of purchase.
Tax status Tax-free

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Benefits

  • Inflation-beating
  • Tax-free 
  • Choice of terms 

Investor’s guide

Security