Nationwide Building Society has launched a new email and text alert service to advise its customers of rate changes and product launches.
Dubbed 'SavingsWatch', the initiative will allow savers with variable rate accounts to receive alerts highlighting rate changes and new products.
Savers who register for the service can opt to receive a text or email advising them when Nationwide changes rates, regardless of whether the rate is moving up or down.
Registered 'SavingsWatch' customers will also receive emails containing details of new variable rate product launches, alerting them to savings accounts that may be suitable for their needs.
Savers with accounts including a bonus rate will also receive an alert when the bonus rate expires advising them of this.
"Nationwide is committed to doing more to help savers and we have launched SavingsWatch to help keep them better informed about variable rate changes and new variable rate products as they become available," Richard Marriott, Nationwide head of savings, said.
"We believe this is the sort of clear and transparent savings information that every savings provider should be giving to their customers."
Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
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