1 year Fixed Rate Bond (monthly interest)
Savings interest rates and account details
You can find a summary of our 1 year fixed rate bond (monthly interest) in the table below. If you have any further questions, please take a look at our managing your account section for more help.
Summary Box
| Key Product Information for our savings accounts |
| 1 year Fixed Rate Bond (Monthly Interest) |
| Interest rates (AERs) - Fixed |
| Balance |
AER* % |
AER** % |
Gross p.a. % |
Net p.a. % |
|
£1
- £9,999 |
2.43 |
n/a |
2.40 |
1.92 |
|
£10,000
- £24,999 |
2.48 |
n/a |
2.45 |
1.96 |
|
£25,000
- £49,999 |
2.58 |
n/a |
2.55 |
2.04 |
|
£50,000
- £5,000,000 |
2.68 |
n/a |
2.65 |
2.12 |
Effective from: 18 May 2012 |
|
| 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. |
| Branch |
Opening your account
£1 minimum
£5,000,000 maximum. |
|
At your local branch or by calling us on 0800 111 44 30. |
| 2 |
| 7 |
Managing your account
| Paying in |
No further deposits can be made after opening. |
| Keeping track of my money |
Bond certificate, full statement on the Internet bank. |
| Interest |
Interest is calculated daily and paid monthly and on maturity. Interest can be paid into your current account or another Nationwide savings account (excluding Regular Savings). It is not possible to have monthly interest credited to the bond. |
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 our fixed rate 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.