1 December 2016
Nationwide Building Society is today (Thursday 1 December) launching new issues of its Instant Access Saver, Limited Access Saver and Instant ISA Saver.
The new rates for annual interest on balances of £1 or more are:
- Instant Access Saver issue 5 paying 0.10% gross p.a./AER (variable)
- Limited Access Saver issue 6 paying 0.50% gross p.a./AER (variable)
- Instant ISA Saver issue 9 paying 0.60% AER tax-free (variable)
The previous issues of the above accounts were withdrawn from sale at the close of business on Wednesday 30 November.
Notes to Editors:
AER stands for Annual Equivalent Rate which illustrates what the interest rate would be if interest were paid and compounded once each year. The gross rate of interest is the interest rate payable before any income tax is deducted.
Instant and Limited Access products are available online, via the Mobile Banking app and in branch.
Full details of all Nationwide’s savings products can be found at: http://www.nationwide.co.uk/products/savings/our-savings-accounts/all-savings-accounts