1 Year Fixed Rate Bond - Nationwide Building Society

1 Year Fixed Rate Bond

Nationwide Building Society
0.8 % AER
Headline Interest Rate
Fixed
For 12 months
FSCS
Compensation Scheme
£ 1 min initial deposit
£ 5,000,000 max balance
  • Open By:

About the account

Account Type: Fixed Term
Headline Interest Rate: 0.8 % AER
Headline Interest Balance: £ 1
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1
Date account was introduced: 23 Oct 2018

This account may be appropriate for you if

  • Your are happy to give na days notice before accessing your money
  • You are over 7 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: maturity
Minimum Balance: £ 1
Maximum Balance: £ 5,000,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Account Certificate: Account Certificate available.

Withdrawals

Withdrawal Conditions: No withdrawals permitted during term of account. Closure is permitted subject to loss of 90 days interest.
Notice and Penalty Charge: There are no withdrawal conditions.
Free Withdrawal Conditions: No free withdrawals allowed during term.
Transferred on Maturity: On maturity the customer will be contacted to advise the re-investment options. If there are no instructions, the balance will be transferred into an instant access savings maturity account.

Conditions

Trustee Types: This product can be opened by a person on behalf of a child under 7. Any other requests will be considered by Nationwide Building Society on a case by case basis.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

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