Nationwide raises rates on its Euro savings accounts

Nationwide International, the offshore subsidiary of Nationwide Building Society, is increasing the rates on its Euro Tracker Premium account by up to 0.40%.

As of 1 August 2011, the rates on Nationwide International's Euro Tracker Premium account will be:

1.75% gross p.a./AER fixed annual interest for balances over €50,000 for the first year and 1.25% gross p.a./AER after year 1. 

1.70% gross p.a./AER fixed annual interest for balances between €5,000 and €49,999 for the first year and 1.25% gross p.a./AER after year 1.

The minimum investment for the Euro Tracker Premium account is €5,000 and the maximum investment is €2 million.

The rates for Nationwide International's other Sterling and US Dollar accounts remain unchanged and continue to be available via the internet, post and telephone.