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The Independent UK
The Independent UK
Lifestyle
Vicky Shaw

Nationwide launch savings accounts and Isas ahead of new tax year

Nationwide
  • Nationwide Building Society has unveiled new Isa products and increased rates ahead of the new tax year in April.
  • The new offerings include a one-year single access Isa and a one-year single access saver, both with a variable rate of 4.00% AER.
  • Savers using the single access products must limit themselves to one withdrawal over 12 months, or the rate will drop to 1.05% AER.
  • Nationwide has also raised rates on its fixed-rate cash Isas, with the five-year fix now offering a market-leading 4.25%, an increase from its previous 4.00%.
  • An analyst highlighted that while the fixed rates are competitive, the access Isas' withdrawal restrictions make them less flexible compared to other market-leading easy access deals.

IN FULL

Nationwide launches new Isa deals as competition ramps up

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