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Nationwide launches fixed-rate ISA paying 6.05%

Friday, 08, Jun 2007 08:04

Nationwide Building Society has launched a fixed-rate ISA savings bond paying up to 6.05%.

The new one and two-year fixed-rate deals are available from June 6th 2007 and available to both new and existing customers.

"Our Fixed Rate ISA Bonds have proven to be extremely popular since their launch in December last year," said Matthew Carter, divisional director at Nationwide.

"To date, over 130,000 accounts have been opened by members wishing to take advantage of tax-free saving and we expect more to take up our latest offering which has a very competitive interest rate of 6.05%.

"Unlike some other Fixed Rate ISA Bonds in the market, customers can open a Nationwide Fixed Rate ISA Bond from as little as £1 and can also transfer existing ISA balances saved elsewhere."

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