Nationwide International announces new savings rates

Nationwide International, the offshore subsidiary of Nationwide Building Society, has announced details of its new savings rates on its US Dollar accounts.

The new rates follow the cut to the US Federal Reserve Base Rate in December 2008. Nationwide International continues to offer savers a range of competitive rates on its offshore deposit accounts with details of the full range of products available on nationwideinternational.com.

The following accounts will see new rates effective from 16 January 2009:

US Dollar Tracker Premium, which will pay up to 0.50% gross p.a./AER
US Dollar Savings, which will pay up to 0.25% gross p.a./AER.