Nationwide has given savers a massive boost with the relaunch of its My Save Online Plus savings account.
An AER of 2.95% sees this popular internet account go to the top of the no notice internet chart.
However, savers need to be aware that the top rate does come with a few strings attached.
Free withdrawals are restricted to just one per year; if more than one withdrawal is made in a 12 month rolling period, the rate reduces to 0.10% for the month in which the withdrawal is made.
The rate also includes a 1.41% bonus for the first 12 months, making it essential that savers review the competitiveness of the account in a year's time.
For its top notch rate, four out of five Moneyfacts stars are fully deserved.
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