Nationwide Building Society is offering a three year fixed rate bond offering 5.75% gross pa. The Me...
Nationwide Building Society is offering a three year fixed rate bond offering 5.75% gross pa. The Member's Jubilee Bond is only available to members who have been with the society for three years or more.
For those wanting monthly income the bond will pay 5.5% gross pa. The Jubilee Bond is the fourth issue of Nationwide's Members' Fixed Rate Bonds. Minimum investment is £1, while maximum investment is £10,000 or £20,000 for a joint account. For a joint account both bondholders must be qualifying members of three years or more. Withdrawals can be made with 90 days notice. Without allowing for a notice period investors will incur an interest penalty.
Nationwide said that comparable products available from competitors are Abbey National's Three Year Choices bond offering 5.3% pa gross, Bristol & West's East Life Fixed for Three offering 5.45%, Halifax Three year Guaranteed Reserve bond and Northern Rock's Fixed Rate bond offering 5.30% and Woolwich's Three Year Fixed Rate bond offering 5.25%.
The bond is a limited offer available on a first come, first served basis. Contact local branch.
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