Bank & Savings Accounts

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ChimpMaster replied

6 October 2008, 09:22
Nationwide are one of the best. We have several generations of savings with them and so I have been keen to enquire about their stability.

Their loan/saving rate is one of the best (i.e. lowest) in the sector. They are not a PLC and hence not subject to stock market fluctuations that can cause rumours. Interest rates are one of the best, such as on their e-savings accounts/bonds. They have recently taken over Derbyshire BS and another one (I can't remember now), who were in trouble, so in effect Nationwide saved them. When NRK hit the crapper, £2bn worth of funds came into Nationwide.

However you will find that Nationwide are very busy at the moment and hence will not be able to open up a savings account for you quickly. You may have more luck online - worth a try. Frankly I'm amazed that a financial institution these days can afford to be so relaxed about getting funds!
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Lewis replied

6 October 2008, 07:34
Originally posted by Bumfluff View Post

What accounts offer a decent interest rate thats safe. or at least relatively in the current climate ? National Savings rates look low, I'm sure someone mentioned Nationwide ??

bank of scotland rate is excellent
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PM-Junkie replied

6 October 2008, 02:01
Helmuts intrestfunden bankensmaken account
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Bumfluff started a topic Bank & Savings Accounts

5 October 2008, 22:23
Bank & Savings Accounts

What accounts offer a decent interest rate thats safe. or at least relatively in the current climate ? National Savings rates look low, I'm sure someone mentioned Nationwide ??
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