Nationwide International has announced increases to the interest rates payable on two of its offshore savings accounts.
The Lifetime Guarantee account will now pay 6.65% gross for the first year – an increase of 0.25%. The interest rate available to savers requiring monthly interest payments rises to 6.45% a year. After the first year the account offers a guaranteed link to the Bank of England base rate (0.3% below base rate until January 2011, and no less than 1% below base rate thereafter, or 0.65% and 1.35% below base rate for monthly interest). Also linked to the Bank rate, the Base Rate Tracker Premium account has seen an increase of 0.05% in the premium it pays over the base rate. The premium is now u...
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