The accounts offer competitive rates of interest. The new rates for annual interest are:
- One Year Fixed Rate Bond – 0.80% AER/gross p.a.
- One Year Fixed Rate ISA – 0.80% AER/tax-free
- Two Year Fixed Rate Bond – 1.10% AER/gross p.a.
- Two Year Fixed Rate ISA – 1.10% AER/tax-free
- Three Year Fixed Rate Bond – 1.40% AER/gross p.a.
- Three Year Fixed Rate ISA – 1.40% AER/tax-free
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 Online Bank or Mobile Banking App.
The five-year Bond and FRISA remain unchanged, however all previous issues of the one and two-year Bonds and FRISAs will be withdrawn from sale at close of business on midnight 22nd October 2018.
About Nationwide
Nationwide is the world's largest building society as well as one of the largest savings providers and a top-three provider of mortgages in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 15 million customers.
Customers can manage their finances in a branch, via the mobile app, on the telephone, internet and post. The Society has around 18,000 employees. Nationwide's head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centres across the UK.