New Football Bond From Nationwide

Nationwide has launched a fixed rate Football Bond paying a competitive rate of interest with the added attraction of an additional bonus if England lift the World cup in South Africa this summer.

The new four year fixed rate Football Bond pays 4.15% gross p.a./AER.  An additional fixed bonus of 0.50% gross p.a. will be paid from 14 May 2011 until maturity of the bond should England take the cup in South Africa this summer.

Robin Bailey, divisional director of savings and investments at Nationwide, said: “As proud sponsors of the England football team, I’m delighted to announce the launch of Nationwide’s new four-year Football Bond.

The Football Bond potentially goes further than just providing a guaranteed competitive interest rate for savers; it will also pay out an additional fixed bonus if England lift the cup in South Africa this summer.  So if you’re looking for a longer term savings bond and you want another reason to celebrate an England victory in South Africa, consider the Nationwide Football Bond.”

Nationwide has also annoned new rates on a number of its Fixed Rate Bonds, e-Bonds, Stepped Rate e-Bonds, Tracker Bonds, Tracker e-Bonds and Fixed Rate ISAs, including

Fixed Rate ISAs

• One-year Fixed Rate ISA paying 2.50% gross p.a./AER for balances of £1 or more
• 18-month Fixed Rate ISA paying 3.00% gross p.a./AER for balances of £1 or more
• Four-year Fixed Rate ISA paying 4.15% gross p.a./AER for balances of £1 or more

The Nationwide ISAs accept transfers in from other cash ISA accounts.

The accounts can be opened with a minimum investment of £1 and customers can also add up to £5,100 when opening a Fixed Rate ISA if they have not yet used their cash ISA allowance in the current tax year.

Get more information on the Nationwide website