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Double ISA delight at Nationwide

Double ISA delight at Nationwide

Category: Savings

Updated: 08/03/2011
First Published: 07/03/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Nationwide BS has increased the rates paid on its E-ISA and its four year cash ISA.

The E-ISA now pays a rate of 3.10% (+0.20%).

The four year account pays 4.30% yearly (4.20% monthly) on a minimum investment of £1, £25K - 4.40% (4.30%).

Earlier access can be made on closure only which incurs a 320 day loss of interest, as are transfer out. Transfers in are accepted, but no further additions are allowed.

Paying 3.10%, the E-ISA strengthens its position in the ISA market to just below the market leader, however, it benefits from allowing transfers in. * A review will need to be undertaken when the bonus expires.

The three and four year rates improve their positions within the market especially for those looking to transfer previous years' ISA allowances.

Four out of five Moneyfacts stars have been awarded.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.