3 year Over 50s Fixed Rate ISA Bond (annual interest) - savings interest rates and account summary
The 3 year Over 50s Fixed Rate ISA Bond is exclusively available to customers born on or before 5 April 1960.
You can find a summary of our 3 year Over 50s Fixed Rate ISA Bond (annual interest) in the table below. If you have any further questions, please take a look at our managing your account section for more help.
Please note, transfers in from existing cash ISAs with another provider are accepted into this product.
| SUMMARY BOX Key Product Information for our savings accounts | |||||
|---|---|---|---|---|---|
| Account name | 3 Year Over 50s Fixed Rate ISA Bond (Annual Interest) | ||||
| Fixed | |||||
| Balance | AER* % | AER** % | Gross p.a. % | Net p.a. % | |
| £1+ | 4.00 | n/a | 4.00 | n/a | |
| Effective from 06 October 2009 | |||||
| Tax status | Tax-free | ||||
| 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 | Branch | ||||
| Savings account opening | |
| Minimum & maximum balances | £1 minimum maximum balance is subject to your annual ISA allowance limit |
| How to open |
At any Nationwide branch. |
| Maximum number of savings account holders | 1 |
| Minimum age | 50. Born on or before 5 April 1960 |
| Running the account | |
| Paying in | You can make just one lump sum payment by paying in cash or a cheque at any Nationwide branch. Once open, you will not be able to pay in additional funds. |
| Taking money out |
Our Fixed Rate ISA Bonds are designed to give you a fixed rate over a fixed period. You cannot make partial withdrawals and an early access charge applies to early closures. |
| Keeping track of my money | We'll send you a certificate within a few days of opening your account. During April, we'll send you a full summary statement. You can check your account online or at your local branch. |
| Interest |
Interest is paid annually on 31 March. You can withdraw it or you can choose to have your interest paid into your ISA, your current account or another Nationwide savings account (excluding Regular Savings). The rates and terms for Fixed Rate ISA Bond are only available for limited periods and may be withdrawn from sale without notice. |
Gross - The gross rate of interest is the interest rate payable before 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 Fixed Rate ISA Bonds, please visit our managing your account section, or contact us today. For savings interest rates on other accounts, visit our main savings rates page.