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Fix your ISA with Nationwide

23rd March 2012 Print

Nationwide Building Society is introducing new rates on its six-month and 18-month Fixed Rate ISAs and launching a new 14-month Fixed Rate ISA.

The rates for annual interest on balances, depending on the balance of the account, are:

Six-month Fixed Rate ISA paying between 2.75 per cent and 2.95 per cent tax-free (2.77 per cent and 2.97 per cent AER).

14-month Fixed Rate ISA paying between 3.00 per cent and 3.20 per cent AER tax-free.

18-month Fixed Rate ISA paying between 3.30 per cent and 3.50 per cent AER tax-free.

These rates apply to all accounts opened from Friday 23 March.

Nationwide's previous range of fixed rate ISAs was withdrawn from sale at the close of business on Thursday 22 March.

Monthly interest options are also available for all Nationwide's Fixed Rate ISAs.

Richard Marriott, Nationwide's head of savings, said: "There is now less than a month left for savers to take advantage of this year's ISA allowance. One option could be to take advantage of the fixed rate ISA products on the market, which provide savers with the reassurance that their interest rate will remain the same over a specific term period. Nationwide offers an attractive range of fixed rate products paying up to 3.50 per cent with a choice of six, 14 and 18-month terms to meet the different needs of savers.

"We also continue to offer a range of easy access, online and notice cash ISAs, which alongside these competitive fixed rate ISAs, means our accounts are able to suit a wide variety of needs."