Nationwide Give & Take

The Telegraph has picked up on Nationwide’s recent interest rate change annoucements.

As I reported a couple of days ago, they’d made a big song and dance about their new rates on their FlexAccount current account, taking effect on April 1st. But soon after, less fuss was made about the cuts to their savings account rates.

Nationwide puts the cuts down to other banks and building societies having already done the same, and not a way of paying for the higher rates on their current accounts.

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