Nationwide Short Term Saving Accounts Back

Nationwide has re-introduced a 6 month e-Bond and 6 month Bond into their portfolio of fixed term saving accounts.

The 6 month fixed rate bond saving account pays between 1.75% and 2.00% gross p.a. (1.76% to 2.01% AER) and the 6 month fixed rate e-Bond pays between 1.85% and 2.10% gross p.a. (1.86% to 2.11% AER).

Both products offer both annual and monthly interest options.

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.”

Nationwide also has a new

• one-year Tracker Bond which pays  between 2.25% and 2.50% gross p.a./AER and
• one-year Tracker e-Bond which pays between 2.35% and 2.60% gross p.a./AER.

Fixed rate bonds can be opened at Nationwide branches or by calling 0800 302010. The e-Bonds are available online at nationwide.co.uk through a FlexAccount and are operated through Nationwide’s Internet Bank.