Nationwide increases rates on fixed rate bonds2- and 3-year fixed rate bonds now pay 3.5 and 4%
10 June 2010
Nationwide building society has increased the rates on its 2- and 3-year fixed rate bonds by 0.25% and 0.5%.
The accounts are available to new and existing customers with as little as £1 to invest, although you must be willing to tie your money up for two or three years. Interest is paid annually. The e-bond is only available online and customers must also have a Nationwide FlexAccount.
New fixed-rate Isa
The building society has also launched a new 3-year fixed-rate Isa, paying an attractive 4% AER on balances of £1 or more. The Isa accepts transfers-in, so you can transfer balances from existing Isas. Part withdrawals are not allowed and early closure would be subject to loss of 270 days' interest.
Which? Best Rate savings accounts
If you want to find the best accounts available, Which? compares all the accounts available. You can find the best fixed rate accounts, as well as savings accounts and cash Isas.
Sign up now to join the Which? Money 2010 emergency budget liveblog
Chancellor of the Exchequer George Osborne will deliver the government’s emergency budget on Tuesday 22 June, and you can follow his speech as it happens on the Which? Money 2010 emergency budget liveblog.
Sign up now for an email reminder to join us for the Chancellor's budget speech, and come back to www.which.co.uk/emergencybudget on the day to get the Which? Money take on the budget and to add your questions and comments.
Which? Money when you need it
You can follow @WhichMoney on Twitter to keep up-to-date with our Best Rates and Recommended Provider product and service reviews.
Sign up for the latest money news, best rates and recommended providers in your newsletter every Friday.
Or for money-saving tips, and news of how what's going on in the world of finance affects you, join Melanie Dowding and James Daley for the Which? Money weekly money podcast
For daily consumer news, subscribe to the Which? news RSS feed here. And to find out how we work for you on money issues, visit our personal finance campaigns pages.