Nationwide pass on full 0.25% BOE rise

YorkshireBoy

Nationwide will pass on the full 0.25% BOE rate increase to all their variable rate savings products, wef 1st February 2007.

Press release here:

http://www.nationwide.co.uk/mediacentre/PressRelease_this.asp?ID=940

reehsetin

yayyyy! have 3 savings accounts with them, great!

Kilty_2

Lovely, 5.30% E-Savings.

Milarky

Savings All variable rate savings products will be increased by 0.25%. Further details of the new rates will be issued in due course and will be effective from 1 February 2007.

Just a word of caution. Last time they didn't put up Flexaccount rates- because (without explanation) they don't define a 'membership' current account as a savings product. So they will probably leave that unchanged.

Date issued: 28 Nov 2006 NATIONWIDE INCREASES SAVINGS RATES
Nationwide Building Society has today announced that it will increase its savings rates from Friday 1 December 2006 to coincide with the increase in its Base Mortgage Rate.
All Nationwide savers with variable rate accounts will see an increase in their savings rates.

http://www.nationwide.co.uk/mediacentre/PressRelease_last.asp?ID=917

(look down the table headed 'NATIONWIDE BUILDING SOCIETY SAVINGS RATES effective 1 December 2006.' Flexaccount is contained in there under the subheading 'Current Account' So, whilst is a 'saver's' account or not then?)