NS&I Direct Saver account

NS&I (National Savings and Investments) will shortly launch its Direct Saver, a new savings account - available from March 2010, online and by telephone - which will pay an attractive interest rate and offer savers easy access to their money.

Customers will be able to invest from £1 up to £2,000,000 and manage their account online 24 hours a day and by phone between 7am and midnight, seven days a week.

The Direct Saver comes with the 100% capital guarantee which NS&I can offer because all of its savings and investments are backed by HM Treasury.

Direct Saver key features and full media information will be issued in March 2010.