Product Update: Cheshire, Derbyshire And Dunfermline Fixed Rate Bonds and ISAs

07 December 2012

The Cheshire, Derbyshire and Dunfermline Building Societies, part of the Nationwide Group, are today (7 December 2012) launching new issues of their Fixed Rate Bonds and ISAs.

Cheshire Building Society

The new issues being launched are:

  • Six-month Fixed Rate Bond paying 1.61% AER* (1.60% gross p.a.)
  • One-year Fixed Rate Bond paying 2.00% gross p.a./AER*
  • Two-year Fixed Rate Bond paying 2.30% gross p.a./AER*
  • Three-year Fixed Rate Bond paying 2.40% gross p.a./AER*
  • Six-month Fixed Rate Cash ISA paying 1.61% AER* (1.60% tax-free)
  • One-year Fixed Rate Cash ISA paying 2.20% tax-free/AER*
  • Two-year Fixed Rate Cash ISA paying 2.30% tax-free/AER*

All previous issues were withdrawn from sale at the close of business on Thursday 6 December 2012.

Derbyshire Building Society

The new issues being launched are:

  • Fixed Rate Bond Issue 264 paying 1.61% AER* (1.60% gross p.a.)
  • Fixed Rate Bond Issue 265 paying 2.00% gross p.a./AER*
  • Fixed Rate Bond Issue 266 paying 2.30% gross p.a./AER*
  • Fixed Rate Bond Issue 267 paying 2.40% gross p.a./AER*
  • Fixed Rate ISA Issue 56 paying 1.61% AER* (1.60% tax-free)
  • Fixed Rate ISA Issue 57 paying 2.20% tax-free/AER*
  • Fixed Rate ISA Issue 58 paying 2.30% tax-free/AER*

All previous issues were withdrawn from sale at the close of business on Thursday 6 December 2012.

Dunfermline Building Society

The new issues being launched are:

  • Fixed Rate Bond Issue 137 paying 1.61% AER* (1.60% gross p.a.)
  • Fixed Rate Bond Issue 138 paying 2.00% gross p.a./AER*
  • Fixed Rate Bond Issue 139 paying 2.30% gross p.a./AER*
  • Fixed Rate Bond Issue 140 paying 2.40% gross p.a./AER*
  • Fixed Rate ISA Issue 47 paying 1.61% AER* (1.60% tax-free)
  • Fixed Rate ISA Issue 48 paying 2.20% tax-free/AER*
  • Fixed Rate ISA Issue 49 paying 2.30% tax-free/AER*

All previous issues were withdrawn from sale at the close of business on Thursday 6 December 2012.

All the accounts must be opened with a minimum of £100. All the rates noted above are for annual interest.

Notes to editors:
* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest were paid and compounded once each year. Tax-free is the contractual rate of interest payable where interest is exempt from income tax.

The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax).

RATES FOR CHESHIRE SIX-MONTH FIXED RATE BOND, DERBYSHIRE FIXED RATE BOND (ISSUE 264) AND DUNFERMLINE FIXED RATE BOND (ISSUE 137) - EFFECTIVE 7 DECEMBER 2012


Maturity

AER

Gross p.a.

Net p.a.

£100 + 1.61% 1.60%

1.28%

Monthly

AER

Gross p.a.

Net p.a.

£100 + 1.56% 1.55%

1.24%

Cheshire rate is fixed for six months. Derbyshire and Dunfermline rate is fixed until 30 June 2013.

Withdrawals and closures are not permitted during the term of the account.

RATES FOR CHESHIRE ONE-YEAR FIXED RATE BOND, DERBYSHIRE FIXED RATE BOND (ISSUE 265) AND DUNFERMLINE FIXED RATE BOND (ISSUE 138) - EFFECTIVE 7 DECEMBER 2012

Annual

AER

Gross p.a.

Net p.a.

£100 + 2.00% 2.00%

1.60%

Monthly

AER

Gross p.a.

Net p.a.

£100 + 1.97% 1.95

1.56%

Cheshire rate is fixed for one year. Derbyshire and Dunfermline rate is fixed until 31 January 2014.

Withdrawals and closures are not permitted during the term of the account.

RATES FOR CHESHIRE TWO-YEAR FIXED RATE BOND, DERBYSHIRE FIXED RATE BOND (ISSUE 266) AND DUNFERMLINE FIXED RATE BOND (ISSUE 139) - EFFECTIVE 7 DECEMBER 2012


Annual

AER

Gross p.a.

Net p.a.

£100 + 2.30% 2.30%

1.84%

Monthly

AER

Gross p.a.

Net p.a.

£100 + 2.27% 2.25%

1.80%

Cheshire rate is fixed for two years. Derbyshire and Dunfermline rate is fixed until 31 January 2015.

Withdrawals and closures are not permitted during the term of the account.

RATES FOR CHESHIRE THREE-YEAR FIXED RATE BOND, DERBYSHIRE FIXED RATE BOND (ISSUE 267) AND DUNFERMLINE FIXED RATE BOND (ISSUE 140) - EFFECTIVE 7 DECEMBER 2012


Annual

AER

Gross p.a.

Net p.a.

£100 + 2.40% 2.40%

1.92%

Monthly

AER

Gross p.a.

Net p.a.

£100 + 2.38% 2.35%

1.88%

Cheshire rate is fixed for three years. Derbyshire and Dunfermline rate is fixed until 31 January 2016.

Withdrawals and closures are not permitted during the term of the account.

RATES FOR CHESHIRE SIX-MONTH FIXED RATE CASH ISA, DERBYSHIRE FIXED RATE CASH ISA (ISSUE 56) AND DUNFERMLINE FIXED RATE CASH ISA (ISSUE 47) - EFFECTIVE 7 DECEMBER 2012

Annual interest

AER

Tax-free
£100 + 1.61% 1.60%

Cheshire rate is fixed for six months. Derbyshire and Dunfermline rate is fixed until 30 June 2013.

RATES FOR CHESHIRE ONE-YEAR FIXED RATE CASH ISA, DERBYSHIRE FIXED RATE CASH ISA (ISSUE 57) AND DUNFERMLINE FIXED RATE CASH ISA (ISSUE 48) - EFFECTIVE 7 DECEMBER 2012

Annual interest

AER

Tax-free
£100 + 2.00% 2.00%

Cheshire rate is fixed for one year. Derbyshire and Dunfermline rate is fixed until 31 January 2014.

RATES FOR CHESHIRE TWO-YEAR FIXED RATE CASH ISA, DERBYSHIRE FIXED RATE CASH ISA (ISSUE 58) AND DUNFERMLINE FIXED RATE CASH ISA (ISSUE 49) - EFFECTIVE 7 DECEMBER 2012

Annual interest

AER

Tax-free
£100 + 2.30% 2.30%

Cheshire rate is fixed for two years. Derbyshire and Dunfermline rate is fixed until 31 January 2015.

The Cheshire, Derbyshire and Dunfermline Building Societies are Trading Divisions of Nationwide Building Society.

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