Nationwide bond launched
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Money News |
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Nationwide bond launched
Wed 6th Jun 2007
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Rolling out today, the Nationwide bonds are available for one and two years and can be purchased by both new and existing customers.
Compared to a number of other products on the market, the Nationwide bond can be opened from as little as £1, while existing Isa balances can also be transferred from elsewhere.
Matthew Carter, divisional director at Nationwide, said the bonds had proved to be "extremely popular" since their inception last year.
"To date, over 130,000 accounts have been opened by members wishing to take advantage of tax-free saving and we expect more to take up our latest offering, which has a very competitive interest rate," he added.
Interest can be paid on the Nationwide bond either on a monthly or annual basis.
Related News : Banking |
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Related News : Nationwide |
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