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Overview

Index-linked Savings Certificates are lump sum investments that are linked to movements in the Retail Prices Index, a commonly used measure of inflation. They also earn extra interest at rates which increase every year over set periods of time, called 'terms'. They are free of UK Income Tax and Capital Gains Tax - and you don't need to declare the interest on your tax return.

How to use this service

Use the 'Apply for Index-linked Savings Certificates' link below to start your application. You will also find more information including current interest rates.

Once you are ready to apply online, make sure you have your debit card (Switch or Visa Delta) details at hand. If you already hold Savings Certificates, make sure you have your customer/holder's number.

• Apply for Index-linked Savings Certificates Opens new window