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Norwich Union Savings Accounts

Apart from their ISA, the only Norwich Union savings account available is the investment bond, which means putting your money away for the long term with limited access, in return for potentially higher rewards. An investment bond is simply a vehicle which invests your savings in funds of your choice. Other features of the bond available with Norwich Union savings accounts include:

Tailoring your funds to your own preferences
Minimum investment of £5,000
Exposure to risk if the funds go down
Adaptable – move your money from one fund to another

You should bear in mind that a fund can go up as well as down, so if the funds you invest in do not grow then you could get back less than you put in. You can also incur charges for making withdrawals, especially early on, so it's only for the long-term investor. Compare other deals available before you decide, and see if a Norwich Union savings account is right for you. Norwich Union also offers the Green ISA, which allows you to invest in tax-free savings while safe in the knowledge that your money will only be invested in companies which have a positive impact on the environment.

Best Buy Deals

Provider	Account Name	Rate (AER)	Minimum Balance	Apply
	Monthly Savings	7.75%	£20	Apply
	IceSave Fixed rate	7.06%	£1000	Apply
	eSaver	6.5%	£1	Apply
	Tesco	6.25%	£1	Apply
	L&C Savings	6.1%	£1000	Apply