Nationwide Building Society Introduces Exciting New Savings Options: Bonds and Fixed Rate ISAs

In a move to provide its members with more flexibility and security in their savings, Nationwide Building Society has launched a range of new Bonds and Fixed Rate ISAs. These innovative products are designed to cater to the diverse needs of savers, offering competitive interest rates and flexible terms. Whether you're looking to save for a short-term goal or a long-term investment, Nationwide's new offerings are definitely worth considering.

What are the Key Features of Nationwide's New Bonds?

Nationwide's new Bonds offer a range of terms, from one to five years, allowing savers to choose the period that best suits their financial goals. The interest rates are competitive, with rates ranging from 1.20% AER/gross for a one-year bond to 2.10% AER/gross for a five-year bond. These bonds are ideal for those who want to save a lump sum and earn a fixed rate of interest, without the need for easy access to their funds.

Fixed Rate ISAs: A Tax-Free Savings Option

For savers looking to make the most of their tax-free allowance, Nationwide's new Fixed Rate ISAs are an attractive option. With terms ranging from one to five years, these ISAs offer competitive interest rates, from 1.20% AER/tax-free for a one-year ISA to 2.10% AER/tax-free for a five-year ISA. The Fixed Rate ISAs are available for both new and existing customers, and can be opened with a minimum deposit of £1.

Benefits of Nationwide's New Savings Products

Nationwide's new Bonds and Fixed Rate ISAs offer several benefits to savers, including: Competitive interest rates to help grow your savings Flexible terms to suit your financial goals Security of saving with a well-established building society Tax-free savings with the Fixed Rate ISAs Easy to apply online, by phone, or in branch

How to Apply for Nationwide's New Savings Products

Applying for Nationwide's new Bonds and Fixed Rate ISAs is straightforward. You can apply online, by phone, or in branch. To be eligible, you must be a UK resident, aged 16 or over, and have a minimum deposit of £1 for the Fixed Rate ISA or £1,000 for the Bond. Nationwide's new Bonds and Fixed Rate ISAs offer a range of benefits to savers, from competitive interest rates to flexible terms and tax-free savings. Whether you're looking to save for a short-term goal or a long-term investment, these products are definitely worth considering. With their reputation for excellent customer service and secure savings, Nationwide Building Society is a trusted choice for many savers. So why not take a look at their new savings products today and start growing your savings with confidence?

For more information about Nationwide's new Bonds and Fixed Rate ISAs, please visit their website or visit your local branch.

Note: AER stands for Annual Equivalent Rate and shows what the interest rate would be if interest were paid and added to the capital balance once a year. Gross rate is the interest rate paid before tax is deducted. Tax-free means that interest is exempt from UK income tax.