For those savers who prefer a fixed rate of interest, the Society will continue to offer one and two-year Fixed Rate ISAs, Fixed Rate Bonds and e-Bonds all of which offer competitive rates of interest and which remain unchanged.
The rates are:
- One Year Fixed Rate Bond/e-Bond – 0.80% AER/gross p.a. (fixed)
- One Year Fixed Rate ISA – 0.80% AER/tax-free (fixed)
- Two Year Fixed Rate Bond/e-Bond – 1.10% AER/gross p.a. (fixed)
- Two Year Fixed Rate ISA – 1.10% 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.
Notes to Editors
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross p.a. is the interest rate without tax deducted. Tax-free is the contractual rate of interest payable where interest is exempt from income tax.
Early closure
| Term of bond | One year | Two years |
|---|---|---|
| Early Access Charge | 90 days interest | 180 days interest |
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.
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.
