Nationwide re-introduces six month Fixed Rate Bond and e-Bond

Nationwide Building Society has re-introducing a six-month Bond and a six-month e-Bond into its fixed term portfolio.  Both products offer both annual and monthly interest options.  Details of new rates for the Society's one-year Tracker Bond and one-year Tracker e-Bond have also been announced.

The new rates for annual interest are:

Six-month Fixed Rate Bond paying between 1.75% and 2.00% gross p.a. (1.76% to 2.01% AER).

Six-month Fixed Rate e-Bond paying between 1.85% and 2.10% gross p.a. (1.86% to 2.11% AER).

One-year Tracker Bond paying between 2.25% and 2.50% gross p.a./AER.

One-year Tracker e-Bond paying between 2.35% and 2.60% gross p.a./AER.

The interest rates for the following Nationwide accounts remain unchanged:

One, three and five year Fixed Rate ISAs
One, two, three and five year e-Bonds.
One, two, three and five year Fixed Rate Bonds.
One and three-year Combination Savings Bonds.

Robin Bailey, Nationwide's director of savings, said: "With interest rates expected to rise at some point during the year, short term fixed rate Bonds are often a good option for the more cautious saver.  The addition of six month options to our Fixed Rate Bonds portfolio emphasises our commitment to savers whether they are saving for the short, medium or long-term."