Nationwide bond rewards an England win at World Cup

Nationwide building society this week launched a fixed-rate savings bond which will put more money in your pocket if the England football team lifts the world cup in South Africa. The four-year Football Bond, with a minimum investment of £1,000, pays 4.15% gross, plus an additional bonus if England triumphs this summer. Should this happen, an additional fixed bonus of 0.5% gross per annum will be paid from 14 May 2011 until the bond matures in four years. • Coventry building society has launched the latest version of its 1st Class Postal savings account, paying 3% gross. Savers can make four penalty-free withdrawals a year. 1st Class Postal is a variable rate postal account. The headline rate is boosted by a 1% interest bonus for the first year, and the minimum investment is £1,000, as is the minimum withdrawal. • The Post Office has launched a fixed-rate savings bond, Growth Bond Issue 12, paying up to 4.1% where the minimum opening deposit is £500. The rates for tying up your money for one, two and three years are 3%, 3.7% and 4.1% respectively. • Barclays says that if you want to sign up for its "Golden Isa" at the current rate of 3.06%, you need to act by 1 June. Barclays is removing the 12-month 1% interest bonus for people applying after that date. From 2 June, new customers will receive a core interest rate of 2.06%.