Nationwide’s bond range will include: a one year e-bond paying up to 3.20% gross pa/AER; six-month e-bond paying up to 2.85% gross pa/2.87% AER; one-year fixed rate bond paying up to 3.10% gross pa/AER; six-month fixed rate bond paying up to 2.75% gross pa/2.77% AER; and six-month fixed rate individual savings account (ISA) bond paying up to 2.80% gross pa/2.82% AER.
Nationwide’s bond range includes terms from six months to five years, including a five-year fixed rate bond paying up to 4.15% gross pa/AER. Nationwide has said that it continues to offer a variable rate one-year Tracker Bond and the recently launched two-year Tracker ISA.
The current six-month and one-year fixed rate bond and six-month and one-year e-bond have been withdrawn. The rates for all other fixed rate bonds, fixed rate ISA bonds and e-bonds remain unchanged.
Andy McQueen, Nationwide’s mortgages and savings director, said: Nationwide is committed to savers and we continue to offer a range of bonds and ISA bonds that provide a guaranteed rate of return. With the base rate being at a record low of only 0.50% and inflation falling, our bond range gives savers a chance to benefit from both a competitive and a guaranteed rate of return.