Nationwide strengthens ISA offering

Nationwide Building Society will strengthen its ISA portfolio by increasing the savings interest rates on its fixed-rate ISA range.

The society's one-year fixed-rate ISA now offers savers 3.10 per cent per annum/AER on balances between £1 and £49,999 and an improved rate of 3.20 per cent on balances above £50,000.

Savers looking to lock their money away for longer will be able to access savings interest rates of 3.85 per cent and 4.30 per cent on the society's three and four-year products.

Robin Bailey, Nationwide's director for savings, said that the society is committed to ensuring savers receive a competitive return on their investments.

Nationwide has also announced the introduction of an easy access online ISA offering a competitive rate of 3.10 per cent, which includes a 1.35 per cent introductory bonus.

"Whether savers are looking for a quick return over one year, a competitive rate over a longer term, or wish to have instant access via an online account, our extensive ISA range offers savers the variety to choose a product to help suit their needs," Mr Bailey added.
 

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2011-03-04 14:42:20 © Moneyextra.com