Nationwide International has today announced a 0.25 per cent savings interest rate increase to its Euro savings accounts.
The decision made by the offshore subsidiary of the Nationwide Building Society follows the increase of the same rate in the euro, announced by the European central bank last week.
A savings account with a balance of between €1,000 and €24,999 (£692 - £17,302) will now yield a savings interest rate of 2.5 per cent, up 0.25 per cent on the previous interest rate.
Accounts holding €25,000 to €250,000 have also risen by 0.25 per cent to offer a savings interest rate of 2.55 per cent.
Savings of over €250,000 will now grow at a savings interest rate of 2.6 per cent.
Carl Gandy, managing director of Nationwide International, claimed: "More and more people are taking advantage of this great product at market leading rates and we are pleased to provide such a competitive return on their savings."
Euro savings account interest rate increased
Euro savings account interest rate increased
Mon, 13 Mar 2006
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