June 2018 – Thisismoney reports that these two societies are reducing the interest rates on savings accounts once again although, once again, there has been no reduction in the bank base rate.
The Nationwide Building Society is reducing its Instant Isa Saver, Instant Access Saver and Smart Saver for children from June 28. Coventry Building Society is reducing the rates on no less than 20 accounts commencing 1st July.
Once again it is the loyal members who will suffer.