From 16 January, investors with £50,000 or more to invest will have the choice of investing in any of the three fixed interest accounts at rates of 2.75% for the six month account, 3.4%, for the one year account and 3.5% for the three-year account. Investors with between £5,000 and £49,000 to invest will receive 2.35%, 2.7% and 2.8% on the accounts respectively.
Nationwide International also said it has now withdrawn its six-month fixed rate bond, along with its Lifetime Guarantee 1 and Lifetime Guarantee 3 products.
Philip Dunne, managing director of Nationwide International, said: “Nationwide International is committed to providing long-term good value to its customers. In an economic environment where interest rates continue to remain at historic lows, we are pleased to offer a range of bonds that provide a fixed rate of return. With bonds paying up to 3.50 per cent and terms from six months to three years, we have plenty of choice to suit a wide range of needs.”
