March 2015 – Profits may have doubled at Nationwide Building Society but Graham Beale has to do more to reach his target for the year, which is a £3,000,000 pay packet. So savers must suffer yet again at this rather average performing building society.
Interest rates for members who have been with this society for no less than 15 years and have a “Loyalty Saver” account will see their interest rate cut yet again to a measly 1.2%. A rate that is easily beaten by much smaller societies and banks even for new members.
“Your” Nationwide!