Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Nationwide’s FlexDirect current account is offering 5% fixed interest for 12 months on up to £2,500 cash. This may appeal to someone with a diversified investment portfolio who wants a proportion of assets locked away as a cash buffer for unforeseen events. You need pay in £1,000+ per month. After 12 months the rate falls to a measly 1% annual interest.
This article is provided by Shares Magazine. Shares publishes information and ideas which are of interest to investors. It does not provide advice in relation to investments or any other financial matters and does not guarantee the accuracy or completeness of the information in this article.
Investors acting on the information in this article do so at their own risk and AJ Bell Media Limited and its staff do not accept liability for losses suffered by investors as a result of their investment decisions. Shares is published by AJ Bell Media Limited part of AJ Bell.