Nationwide changed the bond rate..

PBA

Speculator wrote: »

Part 7 indicates the 14 day cooling off period does not apply to Fixed Rate Bonds.

Thanks for pointing that out. OP could check the terms of the original bond, maybe they can cancel for a penalty. Still probably not wortwhile for extra interest of 0.2%.

Cozworth806

Baldur wrote: »

7% Fixed Rate has been available since 22nd April.

I am hoping for a 7% bond that pays interest monthly. Icesave do (lower rate), but ICICI don't.

Best at prsent for 6 months (apart from a 50+ Saga) is 6.87%

Bernard_Coleslaw

jfox22 wrote: »

Hi, this is my first post after being a lurker for quite some time.

I opened up an E-Bond with Nationwide yday at 6.40% and then log online today to find out that they've increased the rate to 6.60%.

Do you think i have any rights to complain and see if i can get the higher rate?

Hi jfox22

Why don't you ask Nationwide? Can't do any harm, I'd have thought.

jfox22

hey guys thanks a lot for checking all this, it appears it doesn't apply to e-bonds. Little bit annoying as it was the day after, guess thats life and we win some and lose some.