We all buy and sell bonds to earn money. We could do the same online and earn. This Nationwide e-Bond is just for a person who is more interested to operate an online account to complete his business transaction. He gets to enjoy a guaranteed rate of interest return by operating online. You have the options of opening several e-Bonds but should always note that consolidated savings bond’s balance should not exceed 3-million pound.
Having some idle fund in your savings account and you want to earn some extra income through it then this will really help because you can fix your money for a stipulated period of time to earn some additional income. During this stipulated period the account holder is not allowed to withdraw or disturb this account. The account holder could choose to have a yearly or monthly interest payable to him by the bank. This guaranteed return in the form of rate of interest over your savings account is available online. Hence you can check your accounts current status at any point of time and from anywhere if you have the access to internet.
The nationwide e-Bonds fortunately offer you a very high interest rate almost up to 4.00% gross p.a. / AER. The best part is that to get such high return you only need to have 1-pound with yourself. So what are you waiting for arrange 1-pound and starting earning from today onwards. You have the option to choose from several stipulated periods e.g. 1-year time frame, 2-years time frame, 3-years time frame or 5-years time frame which could be done annually or on monthly basis. So we see that Nationwide e-Bond helps us to earn monthly or annually giving an opportunity to have a steady earning.