Nationwide International Increases Offshore Banking Rate

Nationwide International has increased its interest rates on its lifetime saver accounts.

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The launch of the new Sterling Lifetime Guarantee account is good news for savers. The Lifetime Guarantee account now pays a competitive rate that is 0.55 percent more than the previous issue and, with the interest rate paying up to 2.75 percent greater than the Bank of England Base Rate, Lifetime Guarantee represents great value for offshore savers.

New York (PRWEB) August 11, 2009

Nationwide International, the offshore subsidiary of Nationwide Building Society, has increased the interest rate of its latest issue of the Sterling Lifetime Guarantee account.

With effect from 10 August 2009, Nationwide International is launching Issue 13 of the Sterling Lifetime Guarantee account, which will pay up to 3.25 percent gross pa/AER fixed for the first year. Issue 12 of the account was withdrawn on 9 August 2009.

Philip Dunne, managing director of Nationwide International, said:

"The launch of the new Sterling Lifetime Guarantee account is good news for savers. The Lifetime Guarantee account now pays a competitive rate that is 0.55 percent more than the previous issue and, with the interest rate paying up to 2.75 percent greater than the Bank of England Base Rate, Lifetime Guarantee represents great value for offshore savers."

Details on Nationwide International's secure offshore savings accounts can be found here: http://www.nationwideinternational.com/

Contact:

Seamus Byrne
Senior Sales and Marketing Manager
Nationwide International
Tel: +44 1624 696031
http://www.nationwideinternational.com

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