Smart Fixed Rate Bond
Save for your child's future with a Nationwide Smart Fixed Rate Bond, a one off lump sum account that
pays a fixed rate of interest for the term of the account.
Key Features
- Enjoy a fixed rate of interest during the term of the account
- Choose to have your interest paid monthly or annually
- Open your account with as little as £1 in any
- Part of our - accounts designed for children to manage their own savings
and for parents, friends and family to save for a child's future
- Rates are fixed
- Partial withdrawals from your account before the end of the fixed term are not allowed. Early closure will
incur a loss of interest, full details available on the rates & account details page for your chosen interest
option.
- Maximum 2 account holders
- Account may be opened by an adult on behalf of a child under 18 years or by anyone aged 7 years or over
- Interest calculated daily and paid monthly or annually and on maturity
- The rates and terms offered are only available for limited periods and may be withdrawn without notice
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax).
The net rate of interest is the interest payable after any income tax is deducted (if you do pay tax).
The tax information provided is based on our current understanding of current law and HM Revenue & Customs practice
which can change.
FSCS - Protecting your money. Find out more
FSCS - Protecting your money
Your eligible deposits with Nationwide Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. This limit is applied to the total of any deposits you have with the following: Nationwide Building Society, Cheshire Building Society, Derbyshire Building Society, Dunfermline Building Society and Nationwide UK (Ireland). Any total deposits you hold above the £85,000 limit between these brands are not covered.
Please click here for further information or visit www.fscs.org.uk