The Cheshire, Derbyshire and Dunfermline Building Societies, part of the Nationwide Group, are today (11 January 2013) 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 1.51% AER* (1.50% gross p.a.)
- One-year Fixed Rate Bond paying 2.00% gross p.a./AER*
- Two-year Fixed Rate Bond paying 2.10% gross p.a./AER*
- Three-year Fixed Rate Bond paying 2.25% gross p.a./AER*
- Six-month Fixed Rate Cash ISA paying 1.51% AER* (1.50% tax-free)
- One-year Fixed Rate Cash ISA paying 2.05% tax-free/AER*
- Two-year Fixed Rate Cash ISA paying 2.25% tax-free/AER*
All previous issues were withdrawn from sale at the close of business on Thursday 10 January 2013.
Derbyshire Building Society
The new issues being launched are:
- Fixed Rate Bond Issue 268 paying 1.51% AER* (1.50% gross p.a.)
- Fixed Rate Bond Issue 269 paying 2.00% gross p.a./AER*
- Fixed Rate Bond Issue 270 paying 2.10% gross p.a./AER*
- Fixed Rate Bond Issue 271 paying 2.25% gross p.a./AER*
- Fixed Rate ISA Issue 59 paying 1.51% AER* (1.50% tax-free)
- Fixed Rate ISA Issue 60 paying 2.05% tax-free/AER*
- Fixed Rate ISA Issue 61 paying 2.25% tax-free/AER*
All previous issues were withdrawn from sale at the close of business on Thursday 10 January 2013.
Dunfermline Building Society
The new issues being launched are:
- Fixed Rate Bond Issue 141 paying 1.51% AER* (1.50% gross p.a.)
- Fixed Rate Bond Issue 142 paying 2.00% gross p.a./AER*
- Fixed Rate Bond Issue 143 paying 2.10% gross p.a./AER*
- Fixed Rate Bond Issue 144 paying 2.25% gross p.a./AER*
- Fixed Rate ISA Issue 50 paying 1.51% AER* (1.50% tax-free)
- Fixed Rate ISA Issue 51 paying 2.05% tax-free/AER*
- Fixed Rate ISA Issue 52 paying 2.25% tax-free/AER*
All previous issues were withdrawn from sale at the close of business on Thursday 10 January 2013.
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 268) AND DUNFERMLINE FIXED RATE BOND (ISSUE 141) - EFFECTIVE 11 JANUARY 2013
| Maturity |
AER |
Gross p.a. |
Net p.a. |
| £100 + |
1.51% |
1.50% |
1.20% |
| |
|
|
|
| Monthly |
AER |
Gross p.a. |
Net p.a. |
| £100 + |
1.46% |
1.45% |
1.16% |
Cheshire rate is fixed for six months. Derbyshire and Dunfermline rate is fixed until 31 July 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 269) AND DUNFERMLINE FIXED RATE BOND (ISSUE 142) - EFFECTIVE 11 JANUARY 2013
| 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 28 February 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 270) AND DUNFERMLINE FIXED RATE BOND (ISSUE 143) - EFFECTIVE 11 JANUARY 2013
| Annual |
AER |
Gross p.a. |
Net p.a. |
| £100 + |
2.10% |
2.10% |
1.68% |
| |
|
|
|
| Monthly |
AER |
Gross p.a. |
Net p.a. |
| £100 + |
2.07% |
2.05% |
1.64% |
Cheshire rate is fixed for two years. Derbyshire and Dunfermline rate is fixed until 28 February 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 271) AND DUNFERMLINE FIXED RATE BOND (ISSUE 144) - EFFECTIVE 11 JANUARY 2013
|
Annual |
AER |
Gross p.a. |
Net p.a. |
| £100 + |
2.25% |
2.25% |
1.80% |
| |
|
|
|
| Monthly |
AER |
Gross p.a. |
Net p.a. |
| £100 + |
2.22% |
2.20% |
1.76% |
Cheshire rate is fixed for three years. Derbyshire and Dunfermline rate is fixed until 28 February 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 59) AND DUNFERMLINE FIXED RATE CASH ISA (ISSUE 50) - EFFECTIVE 11 JANUARY 2013
|
Annual interest |
AER |
Tax-free |
| £100 + |
1.51% |
1.50% |
Cheshire rate is fixed for six months. Derbyshire and Dunfermline rate is fixed until 31 July 2013.
RATES FOR CHESHIRE ONE-YEAR FIXED RATE CASH ISA, DERBYSHIRE FIXED RATE CASH ISA (ISSUE 60) AND DUNFERMLINE FIXED RATE CASH ISA (ISSUE 51) - EFFECTIVE 11 JANUARY 2013
|
Annual interest |
AER |
Tax-free |
| £100 + |
2.05% |
2.05% |
Cheshire rate is fixed for one year. Derbyshire and Dunfermline rate is fixed until 28 February 2014.
RATES FOR CHESHIRE TWO-YEAR FIXED RATE CASH ISA, DERBYSHIRE FIXED RATE CASH ISA (ISSUE 60) AND DUNFERMLINE FIXED RATE CASH ISA (ISSUE 52) - EFFECTIVE 11 JANUARY 2013
|
Annual interest |
AER |
Tax-free |
| £100 + |
2.25% |
2.25% |
Cheshire rate is fixed for two years. Derbyshire and Dunfermline rate is fixed until 28 February 2015.
The Cheshire, Derbyshire and Dunfermline Building Societies are Trading Divisions of Nationwide Building Society.