New Nationwide savings account to launch
www.moneynews.co.uk > Banking > New Nationwide savings account to launch
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New Nationwide savings account to launch
Thu 3rd Mar 2005
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Nationwide International, the offshore subsidiary of Nationwide Building Society, has launched a new Base Rate Tracker savings account paying up to 4.95 per cent gross p.a.
The account guarantees to pay 0.2 per cent above the Bank of England base rate for the first year. Thereafter, the rate is guaranteed to be 0.25 per cent below base rate.
A monthly option is also available with an interest rate of 4.65 per cent, a first year guarantee of 0.1 per cent above base rate and guarantee of 0.5 per cent below the base rate thereafter.
Carl Gandy, managing director of Nationwide International, said: "The Base Rate Tracker account has a lifetime guarantee on its interest rate which makes a smart move for those who want security for their money - particularly for those who work overseas."
Related News : Banking |
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Related News : Nationwide |
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