More good news for savers

Nationwide set to launch new range of Bonds offering competitive rates and guaranteed returns for savers.

Following the launch of its new Regular Savings Account, Nationwide Building Society has today announced that it will be launching a new range of Bonds offering highly competitive interest rates and guaranteed returns for savers. With effect from Wednesday 14February 2007, the following new Bonds will be available:

One year Fixed Rate Bond
Two year Loyalty Fixed Rate Bond
One and two year Fixed Rate e-Bonds
One and two year Fixed Rate ISA Bonds

Fixed Rate Bonds

Nationwide’s new two year Loyalty Fixed Rate Bond, paying a very competitive rate of 5.85%, will provide a guaranteed return for savers and is available to over 8 million existing members.

A new one year Fixed Rate Bond and a new range of one and two year Fixed Rate

e-Bonds, paying between 5.65% and 5.75%, will be available to new and existing members.

Fixed Rate ISA Bonds

Nationwide’s new one and two year Fixed Rate ISA Bonds will provide savers with a market leading fixed rate of 5.85% for either one or two years from the date of investing.

The Fixed Rate ISA Bonds are available to both new and existing customers and offer savers the opportunity to invest their money in a tax-free account with a rate of interest that is guaranteed not to change.

Nationwide will be writing to its 1.6 million ISA customers who have not yet used their full allowance to remind them that they should top up before the end of the current tax year.

Nationwide’s current range of one and two year Fixed Rate Bonds and e-Bonds, three year Loyalty Fixed Rate Bond, and one, two and three year Fixed Rate ISA Bonds will be withdrawn from sale at close of business on Tuesday 13 February 2007.