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Nationwide launches new range of bonds for savers

Building Society offers up to 3.75% gross AER

Nationwide Building Society has launched a new range of fixed rate bonds, e-bonds and Isa bonds.

Offering guaranteed rates of return, the four-year fixed rate bond pays up to 3.75% AER, with the three-, two- and one-year bonds offering 3.50%, 3.25% and 3.35% respectively. 

Isa bonds

The mutual is also offering one-, two- and three-year fixed rate Isa bonds paying up to 3.00%, 3.00% and 3.25% gross p.a./ AER. 

A shorter six-month fixed rate bond is also offered at 3.00%.

For the web savvy, Nationwide has launched a range of e-bonds with the three year offered at 3.60% gross pa /AER, the two-year at 3.35% and the one-year at 3.40%.

A six-month e-bond is also on offer at 3.10%.

Tracker Bond

A variable rate one year tracker bond is also still available and guaranteed to beat the Bank of England base rate by at least 2.05%.

Andy McQueen, Nationwide’s savings director, said: ‘With the base rate at an historic low, savers can benefit from a fixed rate of return over a period of time that suits their needs.’

Despite relatively low rates on savings at the moment, it’s still important to put aside money if you can afford to.’ 

First, see our Best Buy cash Isas to make the most of your tax free allowance and then check out our Best Buy taxable savings accounts.

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