Nationwide International, the offshore subsidiary of Nationwide Building Society, is today launching new issues of its sterling denominated Bonus Access, Bonus 1+ and Bonus 95 products and new issues of its US Dollar and Euro Bonus accounts.
The rates of annual interest on the new sterling accounts are:
- Bonus Access account (Issue 5) paying up to 1.60% gross p.a./AER*
- Bonus 1+ account (Issue 4) paying up to 1.70% gross p.a./AER*
- Bonus 95 account (Issue 4) paying up to 1.80% gross p.a./AER*
Customers can invest between £5,000 and £5 million into the accounts. Monthly interest options are available on all the above accounts.
The rates of annual interest on the new US dollar and Euro accounts are:
- US Dollar Bonus Access account (Issue 2) paying up to 1.40% gross p.a./AER*
- Euro Bonus Access account (Issue 2) paying up to 1.00% gross p.a./AER*
Customers can invest between $5,000 and $5 million into the US Dollar Bonus Access account and between €5,000 and €5 million into the Euro Bonus account.
Full details of Nationwide International savings range can be found at: www.nationwideinternational.com.
Notes to editors:
*AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Interest paid or credited in respect of amounts held by individuals resident in the EU are subject to Exchange of Information in accordance with the arrangements under Isle of Man law for the implementation of equivalent measures to the EU Savings Tax Directive.
- The gross rate of interest is the interest rate payable before any income tax is deducted.
- Applications are required for all products. Standard terms and conditions available on request.
- The account is open to new and existing customers alike.
Bonus Access Issue 5 - rates correct as of 10 January 2013
| |
Annual Interest |
Monthly Interest |
| |
Gross |
AER |
Gross |
AER |
| £5,000 - £24,999* |
1.10% |
1.10% |
1.00% |
1.00% |
| £25,000+** |
1.60% |
1.60% |
1.50% |
1.51% |
*Includes introductory bonus rate of 0.60% for first 12 months
** Includes introductory bonus rate of 1.10% for first 12 months
Bonus 1+ Account Issue 4 - rates correct as of 10 January 2013
| |
Annual Interest |
Monthly Interest |
| |
Gross |
AER |
Gross |
AER |
| £5,000 - £24,999* |
1.20% |
1.20% |
1.10% |
1.11% |
| £25,000+** |
1.70% |
1.70% |
1.60% |
1.61% |
*Includes introductory bonus rate of 0.45% for first 12 months
** Includes introductory bonus rate of 0.95% for first 12 months
Bonus 95 Account Issue 4 - rates correct as of 10 January 2013
| |
Annual Interest |
Monthly Interest |
| |
Gross |
AER |
Gross |
AER |
| £5,000 - £24,999* |
1.30% |
1.30% |
1.20% |
1.21% |
| £25,000+** |
1.80% |
1.80% |
1.70% |
1.71% |
*Includes introductory bonus rate of 0.45% for first 12 months
** Includes introductory bonus rate of 0.95% for first 12 months
US Dollar Bonus Access Issue 2 - rates correct as of 10 January 2013
| |
Annual Interest |
| |
Gross |
AER |
| £5,000 - £24,999* |
0.85% |
0.85% |
| £25,000+** |
1.40% |
1.40% |
*Includes introductory bonus rate of 0.725% for first 12 months
** Includes introductory bonus rate of 1.275% for first 12 months
Euro Bonus Access Issue 2 - rates correct as of 10 January 2013
| |
Annual Interest |
| |
Gross |
AER |
| £5,000 - £24,999* |
0.75% |
0.75% |
| £25,000+** |
1.00% |
1.00% |
*Includes introductory bonus rate of 0.25% for first 12 months
** Includes introductory bonus rate of 0.50% for first 12 months
Nationwide International Limited is a wholly-owned subsidiary of Nationwide Building Society and is licensed by the Isle of Man Financial Supervision Commission. More information is available at www.nationwideinternational.com, by calling +44 1624 696000 or by writing to Nationwide International Ltd, PO Box 217, 5-11 St Georges Street, Douglas, Isle of Man, IM99 1RN.