Nationwide International increases euro savings rates

Interest rates were reviewed following the ECB rate rise on 3 July to ensure the products remain competitive for offshore savers, said Nationwide International. The first year period of the Euro Tracker Premium account will see an increase of 0.15%, paying an annual interest rate of up to 4.65% gross per annum, followed by guaranteed links with the European Central Bank base rate afterwards. The Euro Savings account will receive a 0.25% boost to the annual interest rate. Offshore savers will therefore receive up to 2.85% gross per annum. Carl Gandy, managing director of Nationwide Intern...