AI summary
Nationwide’s new 5.3% savings account offers members a competitive return that remains attractive even after the Bank of England raised its base rate.
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Nationwide launches savings account with ‘market leading’ 5.3% interest
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Many experts think fixed rate on 30-month term will still look good after Bank of England raised base rateA savings account paying “market-leading” 5.3% interest was launched this week by Nationwide building society. It’s only for Nationwide members – but there are more than 19 million of them.The account was launched just a couple of days before the Bank of England pushed up the main base rate to 4%, a move that will be welcomed by many savers. Continue reading...
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