Nationwide guarantees interest on savings

Money News

www.moneynews.co.uk > Banking > Nationwide guarantees interest on savings

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

Nationwide guarantees interest on savings

Nationwide has introduced interest rate guarantees on its Special Rate and Members' Rewards Bonds and extended its interest rate guarantee on e-Savings.

The annual interest rate on the Members' Reward Bond, a three-year fixed term investment available to existing Nationwide customers of three years or more, will be at least 0.25 per cent above the Bank of England's base rate until July 31st, 2008.

The same guarantee will also be offered on the Special Rate Bond, a two-year investment, until July 31st 2007, Nationwide said.

The interest guarantee on the company's e-Savings account, currently used by over 800,000 investors, will extend to either match or beat the base interest rate until September 30, 2006.

"Nationwide already offers savers extremely competitive e-Savings and variable rate bonds and the new guarantees offer the best of both worlds, providing peace of mind for those members who are familiar with the certainty of fixed rate bonds but seeking a higher return than the market currently offers," said Steve Clode, Nationwide's marketing director.

Related News : Banking

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Related News : Nationwide

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet