Get all the latest news and headlines from Edinburgh, Fife and the Lothians sent straight to your inbox twice a day by signing up to our free newsletter.įrom breaking news to the latest on the coronavirus crisis in Scotland, we'll have you covered. Three Year Fixed Rate Online Bond – 4.75 percent.Two Year Fixed Rate Online Bond – 4.50 percent.One Year Fixed Rate Online Bond – four percent.Fixed Rate Online BondsĪs of today (October 5), Nationwide is launching new issues of its Online Bonds onto the markets which will offer “competitive” rates and because of this, certain accounts will pay the following interest rates to the building society’s customers. So what are these rates? Here's what you need to know. These recent rate increases will benefit those who are existing customers of Nationwide, as well as those who join the building society. Other changes which are being introduced include the launch of the Fixed Rate Online Bonds which pays rates of up to 4.75 percent. Interest rates, according to the Express, have also risen for the latest issue of Nationwide’s One Year Triple Access Online Saver and One Year Triple Access Online ISA. READ MORE: Strictly Come Dancing viewers hit out at spoilers on 'fake Sunday' results show One of the financial institution's to pass on this hike to their customers is Nationwide who are set to raise rates to a “highly competitive” amount. The news comes at a time where the Bank of England has raised the nation’s base rate to 2.25 percent to mitigate the impact of inflation on peoples’ income amid the cost of living crisis. The Nationwide Building Society has confirmed a savings rate rise across Fixed Rate and Triple Access products.
0 Comments
Leave a Reply. |