Nationwide unveils new bond rates

Friday, 25 September 2009 12:00

Nationwide has changed the interest rates on a range of its bonds meaning savers can now gain returns of up to five per cent.

From today, the building society's three-year fixed-rate bond and e-bond will pay up to 4.25 per cent, the two year version will provide four per cent interest and an 18-month option will yield 3.25 per cent.

There is also a one-year fixed-rate bond and e-bond paying three per cent.

Savers can also take advantage of a five per cent rate via the two-year guaranteed savings bond. And those who wish to tie their savings in for a shorter period can opt for the one-year Guaranteed Savings Bond, which pays up to four per cent.

Andy Hutchison, head of savings at the building society, said: "Nationwide's comprehensive range of fixed-rate bonds are ideal for savers who are able to tie up their money for a fixed period of time.

"We also continue to offer bond terms from six months to five years to suit different savers' needs."

The Guaranteed Savings Bonds are only available to customers who take out a six-year Legal & General Capital Guarantee Multi-Index Equity bond.

Compare best savings accounts

• Tags:
• product news