Nationwide unveils new interest rates for savers

Friday, 13 May 2011 12:05 PM

Nationwide Building Society has announced new interest rates across all its Fixed Rate ISAs, Fixed Rate Bonds, e-Bonds, Tracker Bonds and its three-year Combination Savings Bond.

For Fixed Rate Bonds and e-Bonds, the new rates for balances of £1 or more will be between 2.25 per cent and 4.2 per cent, depending on the term of the product – these range from six months to three years.

The new rate for annual interest on Nationwide's 18-month Tracker Bond will be between 2.75 per cent and 3.00 per cent gross per annum/ AER, while the new rate the three year Combination Savings Bond will be 4.5 per cent gross.

The rate on the one-year Combination Savings Bond remains the same, the society said.

Meanwhile, new annual interest rates for Fixed Rate ISAs range from 2.85 per cent to 4.4 per cent, depending on the term of the account.

Nationwide said interest rates on the e-ISA and MySave Online Plus accounts will remain the same.

e-ISA pays 3.10 per cent including a fixed bonus of 1.35 per cent until August 2012 for balances of more than £1, while MySave Online Plus pays 3.05 per cent AER including a fixed bonus of 1.51 per cent gross per annum for 12 months.

Increased interest rates on Nationwide bonds

Bond range set to offer enhanced interest rates for savers

Nationwide is set to raise interest rates for savers on its range of fixed rate bonds, e-bonds, tracker bonds and combination savings bonds from tomorrow, March 4, the building society announced today.

 New fixed rate and tracker bonds out today

Fixed rate bonds launched with rates of up to 4%

A new range of fixed rate bonds has been unveiled by Santander today. There is a choice of one or two year terms paying between 3.15 and four per cent. A tracker bond, which follows the Bank of England base rate, is also available.
New fixed rate bonds from Santander

Santander launches fixed bonds with rates of up to 3.55%

Santander has brought out a range of one and two year fixed rate bonds. The one year bonds pay between 2.5 and 3.2 per cent interest while the two year products offer 3.2 to 3.55 per cent. A minimum of £500 is needed to start up a bond account.

 New cash ISA from Nationwide

Nationwide launches one year fixed rate ISA

Nationwide Building Society has added a one year fixed rate cash ISA to its savings selection. The new product pays savers interest from three to 3.25 per cent depending on the balance held in the account.
Fixed rate bond launched at the Leeds

New five year fixed rate bond pays savers 5%

A branch based five year fixed rate bond paying a guaranteed return of five per cent has been unveiled by the Leeds Building Society. Savers will be able to access up to 25 per cent of the funds at any time.

 New interest rate on Champion ISA

Nationwide announces new interest rates for Champion ISA

Nationwide has raised the interest rate on its Champion ISA, the building society has confirmed. Starting today, the account will pay 2.76 per cent gross annual interest, including the bonus rate, on balances of £1,000 or more.
Nationwide unveils protected equity bond

Protected equity bond offer from Nationwide Building Society

Nationwide has introduced a Protected Equity Bond, available in deposit and ISA options. The building society said the new bond pays a minimum return of seven per cent gross, along with possible further stock market linked capital growth.

 Loan rates cut at Nationwide

Nationwide lowers personal loan rate to 6.5%

Nationwide Building Society has cut its personal loan rate by 0.1 per cent to the lowest rate the society has offered since 2006. The new 6.5 per cent rate is available to FlexAccount customers for amounts of between £7.500 and £14,999.

New fixed rate savings bond at 3.8% from the AA

New savings bond launched by the AA

A two year, fixed rate bond offering savers a return of 3.8 per cent has been introduced by the AA. The account can be opened with £1 up to a maximum of £5 million and is designed for people who don't want to touch their savings.

Interest rates affecting pensions

Interest rates can mean lower annuity returns

Record low interest rates are affecting pensions as the Bank of England continues to with its measures of Quantitative Easing. A report on the Budget, released today, has asked that pensioners receive a breakdown of how their savings are being impacted by the record low base rate.