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Shahla
Money Managing Guru
Joined: 13 Nov 2004
Posts: 3324
Cash Points ££ 126163.28
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 Posted: Thu Nov 22, 2007 2:39 pm Post subject: Nationwide Launches New Range of Fixed Rate Savings Bonds Pa |
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By: Nationwide
Nationwide Building Society has today launched a new range of Fixed Rate Bonds offering highly competitive rates and guaranteed returns for savers. With effect from Monday 19 November 2007, the following new Bonds will be available:
One year Loyalty Fixed Rate Bond paying 6.70%
One year e-Bond paying 6.70%
One year Fixed Rate Bond paying 6.60%
Nationwide’s new one year Loyalty Fixed Rate Bond, paying a competitive rate of 6.70%, will be available to over 8 million existing members of the Society who have been a member continuously for three years or more at the date of taking out the bond. Nationwide’s current two year Loyalty Fixed Rate Bond, paying 6.20%, will continue to be available to customers.*
Nationwide’s one year e-Bond, also paying a competitive rate of 6.70%, will be available online to anyone with a Nationwide FlexAccount.
Additionally, a new one year Fixed Rate Bond, paying 6.60%, will be available to new and existing members.
Matthew Carter, Nationwide’s savings director, said: “We are delighted to be offering savers rates of up to 6.70% on our new range of Fixed Rate Bonds. These are very competitive rates and great news for people looking for guaranteed high returns on their money over a fixed period.”
Nationwide’s previous one year Fixed Rate Bond was withdrawn from sale at close of business on Saturday 17 November 2007, while the one year e-Bond was withdrawn on Sunday 18 November 2007.
Notes:
* Customers of the former Portman Building Society with membership of three years or more will be eligible for the one and two year Loyalty Fixed Rate Bonds with Nationwide.
Details of Nationwide’s new bonds are below:
One Year Fixed Rate Bond and e-Bond (annual interest)
http://www.marketoracle.co.uk/Article2841.html |
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