Savings Interest Rates Reductions

lovesilver71

I have received notification that my Nationwide loyalty 15 is to drop and It’s not be a 15 year for long but not my ISA. I guess I will so I will moved it in to premium bonds. Thanks for letting me know about Nationwide dropping their ISA rate from 1.4. NatWest have written to me to tell me my regular saver is going from 1.5% to 1% and I didn’t think that was bad in the circumstances.

paul235

I have not received letters for  Nationwide Loyalty Single Access ISA (1.4%)  or  Loyalty Saver (1.1%) rate cuts.
I'd appreciate if you can confirm  if you hold these accounts and not received such letters as well. Thanks.

d63

paul235 said:

I have not received letters for  Nationwide Loyalty Single Access ISA (1.4%)  or  Loyalty Saver (1.1%) rate cuts.
I'd appreciate if you can confirm  if you hold these accounts and not received such letters as well. Thanks.

they have put the changes on their website now, here:
https://www.nationwide.co.uk/-/media/MainSite/documents/products/savings/support/SMD008-terms-and-conditions-1-may-2020.pdf

or search for "savings rate change" in the search box on their homepage

badger09

paul235 said:

I have not received letters for  Nationwide Loyalty Single Access ISA (1.4%)  or  Loyalty Saver (1.1%) rate cuts.
I'd appreciate if you can confirm  if you hold these accounts and not received such letters as well. Thanks.

My letter (Loyalty Single Access ISA) arrived today. Perhaps yours is delayed due to Bank Holiday?

coyrls

badger09 said:

paul235 said:

I have not received letters for  Nationwide Loyalty Single Access ISA (1.4%)  or  Loyalty Saver (1.1%) rate cuts.
I'd appreciate if you can confirm  if you hold these accounts and not received such letters as well. Thanks.

My letter (Loyalty Single Access ISA) arrived today. Perhaps yours is delayed due to Bank Holiday?

In my part of London, we are only getting postal deliveries every 7-10 days because of staff shortages.