Nationwide International announces increase across sterling savings rates

Nationwide International Limited, the offshore subsidiary of Nationwide Building Society, has today announced details of its new savings rates which come into effect on Friday 1 December.

All customers with variable rate sterling accounts will receive an increase of 0.25%.
Interest rates on Nationwide International’s US dollar and Euro savings accounts remain unchanged.

Carl Gandy, managing director of Nationwide International, commented “I’m delighted to pass on a full 0.25% increase following the recent quarter per cent rise in the Bank of England’s base rate. This leaves us well placed to continue providing highly competitive rates, particularly with regard to our easy access Base Rate Tracker account. It has received continuous best-buy exposure since its launch in March 2005, which is set to continue with the new increased rate of 5.20%. With the backing of the world’s biggest building society we provide the security offshore investors require for their savings.”