New Nationwide Web ISA - up to 2.25%

KTF

Nationwide is today (Wednesday 3 April) launching a new issue of Web ISA for the new tax year.
The cash ISA is available online to Nationwide customers with a card-based savings or current account (excluding Regular Savings). Customers can apply for a Card account prior to opening the Web ISA.

Web ISA (Issue 3) pays a rate of between 2.00% and 2.25% AER*/tax-free variable on balances over £1,000. The rate includes an introductory fixed bonus rate of between 1.50% and 1.75% until 30 September 2014.

£10,000+ 2.25% (inc bonus) 0.50% (exc bonus)
£1,000 - £9,999 2.00% (inc) 0.50% (ex)
£1-£999 n/a (inc) 0.25% (ex)

From: http://www.nationwide.co.uk/mediacentre/pressreleases/viewarticle.htm?id=2161

penny_pincha

It is launched as an "Issue 3" so is this the Flexclusive ISA we were all expecting or are there other Web ISAs of which I am unaware? Personally I think I will leave me money where it is.

KTF

I suspect this is 'it' as far as Nationwide are concerned. Getting a bit late in the day to announce anything new now.

Kazza242

penny_pincha wrote: »

It is launched as an "Issue 3" so is this the Flexclusive ISA we were all expecting or are there other Web ISAs of which I am unaware? Personally I think I will leave me money where it is.

Nationwide will be launching Flexclusive ISA (issue 3) paying 2.50% on balances of £1+. It includes a 1.00% bonus until 30/11/2014. To be eligible you must be a Nationwide FlexAccount, FlexDirect or FlexPlus current account customer, who has paid in at least £750 into your current account for the last three months (excludes internal transfers). The rate includes a 1.00% bonus payable until 30/11/2014.

Further details in [url=https://forums.moneysavingexpert.com/discussion/4532897
]this[/url] thread.

They will also be launching Easy Saver ISA (issue 1), paying 2.25% on balances of £1+. The rate includes a 1.75% per bonus until 31/10/2014. This ISA does not require a Nationwide current account.

Both ISAs have been added to the first post of the Cash ISAs: The Best Currently Available List thread.