Key features of our US Dollar Tracker Premium account
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Apply to open a US Dollar Tracker Premium account today |
Our US Dollar Tracker Premium account offers certainty in a time of fast moving interest rates. With a guaranteed link to the US Dollar base rate you can be sure of a competitive rate of return. Plus during your first year your account benefits from a premium on top of that guarantee that makes our US Dollar Tracker Premium account our most compelling US Dollar proposition yet. ACT NOW! This account is a limited offer and may be withdrawn without notice.
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| Annual interest/ interest on closure rate and guarantee | In the first year the annual/interest on closure rate is guaranteed to be no lower than the US Dollar base rate, plus, on top of this you’ll enjoy a tiered, variable rate premium. Thereafter, the annual/interest on closure option is guaranteed to pay 0.25% below the US Dollar base rate until 31 March 2012. |
| Easy access | The minimum amount for withdrawal is $500 or the currency equivalent. You always have easy access to your money. You can make four penalty free withdrawals, of any amount, per financial year (1 April - 31 March). Subsequent withdrawals will incur a 30 day interest penalty on the amount being withdrawn. |
| Additions | You can deposit additional funds into the account whenever you want |
| Minimum investment | $5,000 |
| Maximum balance | $2 million |
| Tiers | $5,000 - $49,999 $50,000 - $2 million |
| Interest options | Annual interest - paid on the 31 March Interest on closure - a straightforward way of putting you in control of when your interest is paid. Your interest will continue to accrue each day, but instead of it being paid each month or each year, your interest will be paid only at the point at which you choose to close your account. To close your account you will need to provide us with instructions of where you want us to transfer your funds to. This might be to an alternative savings account with Nationwide International or another bank or building society. If you do close your account to receive your interest, remember that you can open another Nationwide International account at any time. Once you have chosen the interest on closure option on an account, it will not be possible to change it to a different interest option for that account. |
| Operating your account | You can operate your account by post, telephone, fax, and, when registered, by our Internet Banking service. |
| Change in the US Dollar base rate | If the US Dollar base rate increases or decreases we will change the interest rate payable on the account within 30 days of such a change, where we are required to do so in order to meet our guarantee. |
| Other information | All transactions are acknowledged by a statement, we’ll also send you an annual statement detailing the interest earned in April each year.
You can choose to receive a statement monthly, quarterly, half-yearly or annually. There is no charge for additional statements You can have up to four account holders per account Please note, no statement or other communication will be sent on the first anniversary of your account opening. |
* All interest rates are quoted gross. Interest paid or credited in respect of accounts held by certain individuals may be subject to a retention tax in accordance with the arrangements under Isle of Man law for the implementation of equivalent measures to the EU Savings Tax Directive.