Nationwide increases cash advance interest rates

With effect from 17 October 2007, cash advance interest rates will be increasing to 22.9% on all Nationwide credit cards and the cash advance fee will be 2.50% (minimum £3.00).

Nationwide's cash advance interest rates on its credit cards will continue to be amongst the lowest in the industry. Unlike all other major credit card providers, Nationwide's positive order of payments ensures any cash withdrawals are repaid ahead of other balances.