Those who want to be saving money should look at the savings rates offered by Nationwide on its savings accounts.
The building society has announced guaranteed savings rates on its Special Rate savings bond and Members’ Rewards savings bonds.
It has also announced that it is to extend the savings rate guarantee on its online savings account.
The annual savings rate on the Members’ Reward savings bond is guaranteed to stay at least 0.25 per cent above the Bank of England base rate until July 31st 2008.
This savings bond is an investment over a fixed term of three years, and it available to people who have been Nationwide customers for three years or more.
The Special Rate savings bond, an investment over two years also offers this savings rate guarantee until July 31st 2007.
The savings rate guarantee on the Nationwide’s e-Savings account has been extended to either match or better the base rate until September 30th 2006. Over 800,000 customers are already saving money in this savings account.
According to Nationwide's marketing director Steve Clode, these new savings rate guarantees would give peace of mind to those who are familiar with the certainty of fixed rate bonds, but who want to be saving money to get a higher return than the market currently offers.
"Nationwide already offers savers extremely competitive e-Savings and variable rate bonds and the new guarantees offer the best of both worlds," Mr Clode said.
Nationwide savings rates guarantees you will be saving money
Nationwide savings rates guarantees you will be saving money
Fri, 15 Jul 2005
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