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Nationwide’s massive plus for savers

Nationwide’s massive plus for savers

Category: Savings

Updated: 23/03/2011
First Published: 21/02/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Nationwide has given savers a massive boost with the relaunch of its My Save Online Plus savings account.

Nationwide MySave Online Plus Review

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.

Find the best savings rates for you - Compare savings accounts

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 Any products featured may be withdrawn by their provider or changed at any time.