New accounts from Nationwide International

19 November 2012

Nationwide International, the offshore subsidiary of Nationwide Building Society, is today launching new issues of Bonus Access, Bonus 1+ and Bonus 95.

The rates of annual interest on the new accounts are:

  • Bonus Access account (Issue 3) paying up to 2.10% gross p.a./AER*
  • Bonus 1+ account (Issue 2) paying up to 2.30% gross p.a./AER*
  • Bonus 95 account (Issue 2) paying up to 2.40% gross p.a./AER*

Customers can invest between £5,000 and £5 million into the accounts.

Monthly interest options are available on all the above accounts. Full details of Nationwide International savings range can be found at: www.nationwideinternational.com.

Philip Dunne, managing director of Nationwide International, said: “Nationwide International continues to offer some of the highest rates of interest in the offshore market and these latest issues of our Bonus accounts are no exception.

“Offshore savers looking to maintain easy-access to their money are being offered a highly competitive rate of up to 2.10% on Bonus Access. If savers can give 95 days’ notice to make a withdrawal, then Bonus 95 pays a market-leading 2.40%.

“Nationwide International has a wide range of accounts to suit different customer needs and continues to be one of the most popular providers amongst offshore savers.”

Notes to editors:
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Interest paid or credited in respect of amounts held by individuals resident in the EU are subject to Exchange of Information in accordance with the arrangements under Isle of Man law for the implementation of equivalent measures to the EU Savings Tax Directive.

  • The gross rate of interest is the interest rate payable before any income tax is deducted.
  • Applications are required for all products. Standard terms and conditions available on request.
  • The account is open to new and existing customers alike.

New Bonus Access Issue 3 – rates correct as of 19 November 2012

Annual Interest Monthly Interest
Gross AER Gross AER
£5,000 - £24,999* 1.55% 1.55% 1.35% 1.36%
£25,000+** 2.10% 2.10% 1.90% 1.92%

*Includes introductory bonus rate of 1.05% for first 12 months
** Includes introductory bonus rate of 1.60% for first 12 months

Bonus 1+ Account Issue 2 – rates correct as of 19 November 2012

Annual Interest Monthly Interest
Gross AER Gross AER
£5,000 - £24,999* 1.75% 1.75% 1.65% 1.66%
£25,000+** 2.30% 2.30% 2.20% 2.22%

*Includes introductory bonus rate of 1.00% for first 12 months
** Includes introductory bonus rate of 1.55% for first 12 months

Bonus 95 Account – rates correct as of 19 November 2012

Annual Interest Monthly Interest
Gross AER Gross AER
£5,000 - £24,999* 1.85% 1.85% 1.75% 1.76%
£25,000+** 2.40% 2.40% 2.30% 2.32%

*Includes introductory bonus rate of 1.00% for first 12 months
** Includes introductory bonus rate of 1.55% for first 12 months

Nationwide International Limited is a wholly-owned subsidiary of Nationwide Building Society and is licensed by the Isle of Man Financial Supervision Commission to take deposits. More information is available at www.nationwideinternational.com, by calling +44 1624 696000 or by writing to Nationwide International Ltd, PO Box 217, 5-11 St Georges Street, Douglas, Isle of Man, IM99 1RN.

Please note: If you are a customer looking for information on our products and services, please visit the main website.