1 year e-Bond (annual interest)
Savings interest rates and account details
You can find a summary of our online 1 year 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 |
1 year e-Bond (Annual Interest)
(Linked to FlexAccount) |
| Interest rates (AERs) |
| Balance |
AER* % |
AER** % |
Gross p.a. % |
Net p.a. % |
|
£1
- £9,999 |
2.45 |
n/a |
2.45 |
1.96 |
|
£10,000
- £24,999 |
2.50 |
n/a |
2.50 |
2.00 |
|
£25,000
- £49,999 |
2.60 |
n/a |
2.60 |
2.08 |
|
£50,000
- £3,000,000 |
2.70 |
n/a |
2.70 |
2.16 |
Effective from: 18 May 2012 |
|
e-Bond interest is paid net of basic rate tax, depending on your status. |
| n/a |
| Part withdrawals are not allowed. Early closure will result in a loss of interest. If there is insufficient earned interest, then the amount of the early access charge will be taken from the funds in the account. |
| Internet |
Opening your account
£1 minimum
£5,000,000 maximum |
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. |
2, the e-Bond will be opened in the same
name(s) as the linked FlexAccount. |
| 16 |
Managing your account
| After opening, no additional credits can be made. However, further bonds can be opened. |
| 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 is calculated daily and added to your e-Bond annually and on maturity. |
For further details see .
* AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
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.
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