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Nationwide Building Society is set to launch a chart-topping 18-month fixed rate ISA that offers a £50 transfer incentive, but it is only available to existing members.
Member Exclusive FRISA pays 0.75% AER and can be opened with a deposit of just £1. The ISA is only available to those who are existing members on Tuesday 16 March 2021, either by having a Nationwide savings, mortgage or current account.
The ISA has an added bonus of a transfer incentive, in which customers can earn £50 by transferring a minimum of £10,000 from their existing ISA to the Member Exclusive FRISA via the ISA transfer service.
Commenting on the launch of the new ISA, Tom Riley, director of Banking & Savings at Nationwide, said: “As a mutual, we continue to look at how best to reward and offer value to our members and the launch of our new Member Exclusive FRISA does just that. As we fast approach the end of the tax-year, this new account means our current best on-sale ISA rate is availa
Nationwide Building Society to launch market-leading Isa for existing members
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| UPDATED: 07:11, Wed, Mar 3, 2021
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On March 5, Nationwide Building Society will launch a new issue of its Triple Access Online ISA, and it will pay an increased rate. Currently, the building society is offering a rate of 0.25 percent AER/tax-free (variable).