Nationwide offers range of bonds

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Nationwide Building Society

Range of bonds

Nationwide Building Society

Type: Bonds

Description: Nationwide Building Society is offering a range of bonds, with terms from six months to two years.

The six-month e-Bond, is paying up to 5.10 per cent gross a year, or 5.17 per cent AER, the nine-month e-Bond is paying up to 4.85 per cent gross a year, or 4.88 per cent AER, the one-year e-Bond is paying up to 4.60 per cent gross a year AER, the two-year e-Bond paying up to 5.10 per cent gross a year AER.

In addition, the six-month fixed rate bond is paying up to 5.00 per cent gross a year, or 5.06 per cent AER, the nine-month fixed rate bond is paying up to 4.75 per cent gross a year, or 4.78 per cent AER, the one-year fixed rate bond is paying up to 4.50 per cent gross a year AER and the two-year fixed rate bonds paying up to 5.00 per cent gross a year AER.

Conditions: The six-month, nine-month, one and two-year e-Bonds are available online to anyone with or opening a Nationwide FlexAccount.

Contact: www.nationwide.co.uk

Verdict: With a diverse range of bonds from six months to two years, Nationwide has tried to cater for the short and long-term investor. The rates, especially the fixed rate bond of up to 5.00 per cent, are competitive, but not market leading. But being available online will deter those investors who are not computer savvy and those who do not wish to open another account with a different provider.

Rating: 3/5 stars

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