Nationwide unveils new Isa

Thursday, 25 March 2010 12:00

Nationwide Building Society has launched a new four-year Isa paying a rate of 4.25 per cent.

The fixed-rate product accepts transfers from other Isas and applies the rate to balances of at least £1.

Nationwide has also announced changes to its other fixed-rate Isas and bonds, including a rate of 4.15 per cent for its three-year Isa for existing customers whose current fixed Isas are set to mature, as well as the same rate for its fixed-rate bond and e-Bond.

The building society's current three-year fixed-rate bond and Isa have been withdrawn from sale.

"This will help us to ensure we can continue to manage the inflow of business prudently during the busy Isa season," says Andy Hutchinson of Nationwide.

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