Nationwide increases rate on Lifetime Guarantee Issue 13

Nationwide International, the offshore subsidiary of Nationwide Building Society, has increased the interest rate of its latest issue of the Sterling Lifetime Guarantee account.

With effect from today, 10 August 2009, Nationwide International is launching Issue 13 of the Sterling Lifetime Guarantee account, which will pay up to 3.25% gross p.a./AER fixed for the first year. Issue 12 of the account was withdrawn on 9 August 2009.
Philip Dunne, managing director of Nationwide International, said: "The launch of the new Sterling Lifetime Guarantee account is good news for savers. The Lifetime Guarantee account now pays a competitive rate that is 0.55% more than the previous issue and, with the interest rate paying up to 2.75% greater than the Bank of England Base Rate, Lifetime Guarantee represents great value for offshore savers."