fixed-rate bonds - 6.70 per cent the peak?

MattB_4

We havent gone that mad I'm afraid

free4440273

still, will be interesting to see what the rate on offer is. my guess is 6.70 gross. if it's closer to 7 per cent gross, say, for a member's loyalty option then that will be a good rate. ironically, as you can gather from my above posts, my existing bond is with you guys and it expires in October. really would like to re-invest if only nationwide would up rates...

MattB_4

The highest paying bond is the 1 year Loyalty Fixed Rate Bond members product at 6.70% gross p.a.

The 3 year membership requirement has also been temporarily suspended so anyone who is a member (so if you opened a FlexAccount or mortgage last week for example) then you can apply.

free4440273

MattB wrote: »

The highest paying bond is the 1 year Loyalty Fixed Rate Bond members product at 6.70% gross p.a.

The 3 year membership requirement has also been temporarily suspended so anyone who is a member (so if you opened a FlexAccount or mortgage last week for example) then you can apply.

i've been a member for over ten years and you won't give me a three year bond of 6.70 gross you expect me to beg?? OK, then I beg:rolleyes:

ManAtHome

Brings a whole new meaning to "Loyalty"... proud to be different - "we know you'll be loyal for the next 12 months"?

pazzazz

As someone who's been waiting over 3 months for an isa to be set up by nationwide I hope you are in no hurry if you stick with them

bristolleedsfan

MattB wrote: »

The highest paying bond is the 1 year Loyalty Fixed Rate Bond members product at 6.70% gross p.a.

The 3 year membership requirement has also been temporarily suspended so anyone who is a member (so if you opened a FlexAccount or mortgage last week for example) then you can apply.

they doing that to try and keep both portman savers money and the merger cheque funds. :rotfl:

y cant nationwide pay the same rate on its isa 1 year fix ?

MattB_4

Well of course! You wouldn't want huge balances to simply walk out of the door (although rarely are things that simple). There are of course other reasons you might want to raise capital through retail though.

free4440273

I'm still grovelling here...6.70 gross for three years? c'mon, you know you want/ought to:rolleyes:

MattB_4

You'd be in a very small minority who would actually want one believe it or not! We know customer thinking tends to work that if you fix for longer the rate must be better. But as we know it's likely rates are going to fall so it would in fact be great. It would cost loads of money though as longer term swap rates are lower (inverse yield curve as we call it).