Nationwide announces 4.25% ISA

Nationwide announces 4.25% ISA

Nationwide Building Society has launched a new four year fixed-rate ISA paying interest at 4.25%.

The ISA can be opened with a minimum balance of A?1, and transfers from previous ISA savings are accepted.

Nationwide also announced that its three year fixed-rate ISA paying interest at 4.15% will now only be available to existing Nationwide customers whose current fixed-rate ISAs are due to mature.

“The three year Fixed Rate ISA that was launched in February has been a great success not only for us, but also our customers who have been able to take advantage of a market leading rate,” said Andy Hutchinson, Nationwide’s head of savings.

“Having reviewed the market place, the three year Fixed Rate ISA will be replaced by a competitive four year Fixed Rate ISA.

“This will help us to ensure we can continue to manage the inflow of business prudently during the busy a�?ISA season’, while at the same time offering our customers good deals on their savings.”

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