6 month e-Bond (annual interest) savings interest rates and account summary
You can find a summary of our online 6 month e-Bond (annual interest) in the table below. If you have any further questions, please take a look at our introduction and managing your account sections for more help.
| SUMMARY BOX Key Product Information for our savings accounts | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Account name | 6 Month e-Bond (Annual Interest) (Linked to FlexAccount) | ||||||||
| Fixed | |||||||||
| Balance | AER* % | AER** % | Gross p.a. % | Net p.a. % | |||||
| £1 - £3,000,000 | 2.26 | n/a | 2.25 | 1.80 | |||||
| Effective from 12 February 2010 | |||||||||
| Tax status |
e-Bond interest is paid net of basic rate tax, depending on your status. | ||||||||
| Conditions for bonus payment | n/a | ||||||||
| Withdrawal arrangements | Part withdrawals are not allowed. Early closure will incur an interest penalty, please see terms and conditions. | ||||||||
| Access | Internet | ||||||||
| Savings account opening | |
| Minimum & maximum balances | £1 minimum £3,000,000 maximum |
| How to open |
You first need a Nationwide FlexAccount with Internet Banking. Opening an e-Bond is as simple as selecting the link within the Internet Bank and saying how much you'd like to invest. The savings bond will take up to 5 days to show on Internet Banking, although your savings will start to earn interest from the day of deposit. |
| Maximum number of savings account holders |
2, the e-Bond will be opened in the same |
| Minimum age | 16 |
| Running the account | |
| Paying in | After opening, no additional credits can be made. However, further bonds can be opened. |
| Keeping track of my money | When you activate your e-Bond you will be able to print an online confirmation which replaces a bond certificate. Statements are available on the Internet Bank. |
| Interest | Interest is calculated daily and added to your e-Bond on maturity. |
Gross - The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax).
Net - The net rate of interest is the interest rate payable after any income tax is deducted (if you do pay tax).
** Including conditional bonus.
If you have any further questions about savings interest rates or our e-Bond account, please visit our managing your account section, or contact us today. For savings interest rates on other accounts, visit our main savings rates page.