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.
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