The 5.5% interest rate would see someone with £10,000 in savings earn £550 in a year - and you can fix for anything from three months to three years
Nationwide is bringing to its customers' attention a savings account offer which could bag them hundreds of pounds. The deal provides a 5.5% interest rate on their fixed account, allowing households to increase the growth of their savings.
That denotes those with larger savings stands to gain even more. This offer has been spotlighted by finance professionals at Martin Lewis' Money Saving Expert , who advocate for it effort as an effective means to earn free cash for Nationwide customers. This arrangement allows for the accrual of interest over time as the money remains deposited in the account, reports Birmingham Live.
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