Fixed Rate Bonds/ISAs
The new rates are:
- 1 Year Fixed Rate Online Bond – 4.35% AER
- 1 Year Fixed Rate Branch Bond – 4.35% AER
The rates are available for balances of £1 or more and savers can open the Online Bond via the website, Internet Bank and Banking app, while the Fixed Rate Branch Bond can only be opened in branch.
Triple Access Saver/ISA
Nationwide Building Society is also launching a new issue of its One Year Triple Access Online Saver, paying 4.10% AER/gross per annum (variable) for 12 months. It is also launching a new issue of its One Year Triple Access Online ISA, paying 4.10% gross/tax-free per annum (variable) for 12 months.
Both accounts allow three withdrawals during the 12-month term. Subsequent withdrawals will revert the interest rate to 2.00% for the remainder of the period. After 12 months, the accounts automatically switch to one of Nationwide’s instant access accounts.
The accounts can be opened and managed online via the website, Internet Bank and Mobile Banking App and have a minimum operating balance of £1.
All previous issues of the Fixed Rate Online Bonds, Branch Bonds and ISAs plus One Year Triple Access Online Saver/ISA were withdrawn from sale at close of business on 29 August 2024.
- Ends -
