Nationwide launches new Fixed Rate Bonds and ISAs

13 October 2017

Nationwide Building Society has today launched new Fixed Rate Bonds and Fixed Rate ISAs.

The new rates for annual interest are:

• One Year Fixed Rate Bond – 0.75% gross/AER

• One Year Fixed Rate ISA – 0.75% AER/tax-free

• Two Year Fixed Rate Bond – 0.85% gross/AER

• Two Year Fixed Rate ISA – 0.85% AER/tax-free

• Three Year Fixed Rate Bond - 1.00% gross/AER

• Three Year Fixed Rate ISA – 1.00% AER/tax-free

The rates are available for balances of £1 or more and monthly interest options are available on all Bonds/FRISAs for those who prefer to get a regular income from their savings. The FRISAs also accept transfers in, so customers can move ISA balances from other providers.

The accounts can be opened in branch while existing members can also open the account online or via the Nationwide mobile banking app.

All previous Fixed Rate Bonds and Fixed Rate ISAs will be withdrawn from close of business on 12 October 2017.

Notes to Editors:

AER stands for Annual Equivalent Rate which illustrates what the interest rate would be if interest were paid and compounded once each year. The gross rate of interest is the interest rate payable before any income tax is deducted.

Early closure

Term of bond Three years Two years One year or less
Loss of interest 270 days 180 days 90 days

Full details of all Nationwide’s cash ISAs can be found at:

About Nationwide

Nationwide is the world's largest building society as well as one of the largest savings providers and a top-three provider of mortgages in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 15 million customers.

Customers can manage their finances in a branch, via the mobile app, on the telephone, internet and post. The Society has around 18,000 employees. Nationwide's head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centres across the UK.

Please note: If you are a customer looking for information on our products and services, please visit the main website.