Irish Nationwide - Fixed Term Account vs Fixed Rate Bonds

[Warren]

Hi,

Can anyone clearly explain the difference between Irish Nationwide's Fixed Term Account and their Fixed Rate Bonds. Both seem to have a fixed rate of 3.5% A.E.R for 12 months with a minimum balance of 20K. There is a single application form with the abililty to choose between a "Fixed Term Account" and a "Fixed Rate Interest Bond Account". Both seem to be share accounts so Im somewhat missing the point as to the difference between the two.


Any pointers?

Thanks,
Warren

 

[Lightning]

Very little difference.

With Fixed Share you can get bank interest credited to your account monthly.