Nationwide protected equity bond introduced

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Nationwide protected equity bond introduced

The new Nationwide protected equity bond could help savers to get the most out of their cash.

This six-year product has been released by the building society with a minimum nine per cent gross on investments.

Available as both a deposit and Isa option, there is the potential for stock market-linked growth at the end of the period.

It is being touted as the ideal option for consumers who are attracted to the money that can be made through investing in the stock markets but who are concerned about the associated risks.

Those who are looking at the Isa version are able to transfer across their previous year's investment, including sums that are held with different providers, into their new account.

Nationwide has also recently offered a new credit card transfer offer of zero per cent for the first 15 months for customers who open a Gold Card with them.

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