The new range of fixed-rate products offers existing members of the enlarged society a new one-year loyalty fixed-rate bond and one-year fixed-rate e-bond, paying a rate of 6.7%. New customers can benefit from a new one-year fixed-rate bond paying 6.6%. All three bonds provide a guaranteed return to savers.
Matthew Carter, Natiowide’s savings director, said: Our new market leading one-year loyalty fixed-rate bond and fixed-rate e-bond are being offered to existing members of the enlarged society to mark our merger with Portman Building Society and demonstrate the benefits of being part of the largest mutual organization in the UK.
New members are very welcome too, and they can immediately benefit from a very competitive one-year fixed-rate bond. It has been over seven and a half years since we offered a bond paying such a high rate, so we are expecting this to be very popular with new and existing members alike.
The group’s current two-year loyalty fixed-rate bond, one and two-year e-bonds and one- and two-year fixed-rate bonds have been withdrawn from sale.
