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: http://www.nationwide.co.uk/support/support-articles/services/savings-promises
Fixed Rate Bonds and cash ISAs are available online, via the 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.
|Term of bond||Five years||Three years||Two years||One year or less|
|Loss of interest||365 days||270 days||180 days||90 days|
Full details of all Nationwide’s cash ISAs can be found at: http://www.nationwide.co.uk/products/isas/isas
Full details of all Nationwide’s Fixed Rate Bonds can be found at: http://www.nationwide.co.uk/products/savings/fixed-rate-bonds/features-and-benefits
Full details of all Nationwide’s e-Bonds can be found at: http://www.nationwide.co.uk/products/savings/e-bonds/features-and-benefits