Product update: Bonds and ISAs

5 February 2016

Nationwide Building Society is today (Friday 5 February) launching new issues of its one, two and three-year Fixed Rate ISAs, Bonds and e-Bonds.

The new rates for annual interest on balances of £1 or more are:

  • One-year Fixed Rate ISA paying 1.10% AER tax-free
  • Two-year Fixed Rate ISA paying 1.25% AER tax-free
  • Three-year Fixed Rate ISA paying 1.40% AER tax-free
  • One-year Fixed Rate Bond and e-Bond paying 1.10% gross p.a./AER
  • Two-year Fixed Rate Bond and e-Bond paying 1.25% gross p.a./AER
  • Three-year Fixed Rate Bond and e-Bond paying 1.40% gross p.a/AER.

Monthly interest options are also available for all of Nationwide’s Fixed Rate Bonds, e-Bonds and Fixed Rate ISAs.

The previous issues of the above accounts as well as the six-month Fixed Rate Bond and e-Bond were withdrawn from sale at the close of business on Thursday 4 February.

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.

Parity on Fixed Rate Bonds and Fixed Rate ISAs

As part of Nationwide’s Savings Promises, the Society guarantees its Fixed Rate ISA rates will match or beat its equivalent Bond rates.

Further details on all Nationwide’s Savings Promises can be found at:

Opening accounts

Fixed Rate Bonds and cash ISAs are available online, via the Mobile Banking app and in branch.

e-Bonds are available to those customers with a Nationwide current account and can be opened via the Society’s Internet Bank.

Early closure

Term of bond Three years Two years One year or less
Loss of interest 270 days 180 days 90 days

Full details of all Nationwide’s cash ISAs can be found at:

Full details of all Nationwide’s Fixed Rate Bonds can be found at:

Full details of all Nationwide’s e-Bonds can be found at:

About Nationwide

Nationwide is the world's largest building society as well as one of the largest savings providers and a top-three provider of mortgages in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 15 million customers.

Customers can manage their finances in a branch, via the mobile app, on the telephone, internet and post. The Society has around 18,000 employees. Nationwide's head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centres across the UK.

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