Nationwide to pay out £450 to customers who choose one particular account

Nationwide is offering a 4.5% interest rate for customers who put their money in a one-year Fixed Rate Cash ISA - and it will pay out a hefty sum to those who choose it

Nationwide is enticing savers with the prospect of earning hundreds of pounds by opting for one of its premier savings accounts. The building society's one-year Fixed Rate Cash ISA offers customers the opportunity to deposit a lump sum and let it accrue interest over a 12-month period.

This particular account is aimed at savers who have excess funds they can afford to set aside, with the understanding that they will not require access to this money. Early withdrawal from the account results in closure and incurs a penalty charge.Savings accounts such as these present a straightforward method for families to earn supplementary income.

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