new nationwide e-bond

donmax777

I see today that nationwide are offering new e.bonds,a 2 year e.bond pays 4.20% gross,this is fixed.They also offer 6 month,9 month,1 year,2 year and 3 year all at different rates and all with the option of monthly or annual payments.Penalties apply if you make withdrawal before end of term.Can anyone tell me if,in the current climate that this is a good offer.My money is in e savings at the moment with nationwide so this would be the easy option for me just to transfer it over via my flexaccount.

Lansdowne

Note that the 4.20% rate is only for deposits of £50 000 or more,
http://nationwide.co.uk/savings/bonds/e-bond/summary/summary-2-year-e-bond-annual.htm
and click to the left to see other periods