Nationwide Fixed Rate Bonds Review

Nationwide provide a wide range of fixed rate bonds but it is important to know that the fixed rate bonds are only available to holders of the Nationwide flex account. If you want to take out a fixed rate bond with Nationwide you will need to open a flex account up first online. Once you have a Nationwide flex account you are eligible to choose from their range of bonds which includes 6 months 1 year 18 months 2 years 3 years 5 years The interest rates vary depending on how much you choose to invest. With all the fixed rate bonds the minimum investment is £1 and the maximum is £2,000,000. Nationwide also offers a choice of monthly or annual interest payments accross the fixed rate bonds range. The current interest rates range from 2.22% to 5.00% with 5% being the highest interest rate available for investments of £50,000 or more in the 5 year fixed rate bond. 6 months fixed rate bond 2.22%-2.52% 1 year fixed rate bond 2.99%-3.25% 18 months fixed rate bond 3.25%-3.75% 2 year fixed rate bond 3.45%-4.05% 3 year fixed rate bond 4.13%-4.25% 5 year fixed rate bonds 4.75%-5.00% All above rates correct @16.09.2009

Nationwide Building Society Overview

Nationwide is the largest Building Society in the UK and is larger than the rest of the building societies combined. They are the 3rd largest supplier of mortgages and 2nd largest supplier of savings accounts in the UK. For the year ended 04/04/2009 Nationwide made a profit after tax of £162,000,000 As well as fixed rate bonds and savings accounts nationwide building society provides personal loans, mortgages, credit cards, current accounts, home insurance, car insurance, travel insurance and life insurance.