Nationwide rolls-out new fixed rate bonds

Nationwide rolls-out new fixed rate bonds

Nationwide Building Society has launched a new range of fixed-rate bonds, e-bonds, and ISA bonds paying annual interest of up to 3.75%.

Nationwide’s new four-year fixed-rate bond pays interest at up to 3.75%, whilst its two year bond pays 3.50%.

Its three year e-bond pays up to 3.60%, its two year e-bond pays up to 3.35%, its one year e-bond pays up to 3.40%, and its six month e-bond pays up to 3.10%.

Two and three year fixed-rate ISA bonds pay 3.00% and 3.25% respectively.

Andy McQueen, Nationwide’s savings director, said: “We are pleased to offer a comprehensive range of bonds and ISAs that provide a guaranteed rate of return.

“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.”

He added that Nationwide’s tracker bond continues to pay a guaranteed 2.05% above the Bank of England’s base rate, currently 1.00%.

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