The new rates are:
- One Year Fixed Rate Bond/e-Bond – 0.30% AER/gross p.a. (fixed)
- One Year Fixed Rate ISA – 0.30% AER/tax-free (fixed)
- Two Year Fixed Rate Bond/e-Bond – 0.40% AER/gross p.a. (fixed)
- Two Year Fixed Rate ISA – 0.40% AER/tax-free (fixed)
The rates are available for balances of £1 or more and monthly interest options are available on all Bonds and FRISAs for those who prefer to get a regular income from their savings. FRISAs also accept transfers in, so customers can move ISA balances from other providers.
The accounts can be opened in branch, while existing members can open accounts through the website, via Nationwide’s Internet Bank or Banking app.