Nationwide 'adjusts' rule for customers with millions set to be worse off

Nationwide 'adjusts' rule for customers with millions set to be worse off

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NATIONWIDE HAS ANNOUNCED ADJUSTMENTS TO SAVINGS RATES IN RESPONSE TO THE BANK OF ENGLAND BANK RATE DECREASE OF 0.25 PER CENT ON 8 MAY. 05:53, 02 Jun 2025 Nationwide has "adjusted"


a rule for millions of customers as the bank, which is the UK's largest building society and the world's biggest mutual to boot, has made a tweak to savings rates following the May


rate reduction from the Bank of England. Nationwide has announced adjustments to savings rates in response to the Bank of England Bank Rate decrease of 0.25 per cent on 8 May. From 1 July


it will lower rates by between 0.10%-0.25% on specific savings products. The majority of products will reduce by less than the change in Bank Rate. There will be no changes to FlexOne


Saver/FlexOne Regular Saver or Flex Regular Saver or Start to Save products or Flex Instant Saver (all issues) or Smart Instant Access & SmartSaver or Continue to Save. READ MORE UK


COULD FACE NEW 'BLANKET' SPEED LIMIT WITH MILLIONS OF DRIVERS WARNED The Help to Buy ISA will change 0.20 per cent, from 2.90 per cent to 2.70 per cent. Children's Smart


Limited Access will drop 0.10 per cent, to 2.75 per cent from 2.85 per cent. Future Saver & Children’s Future Saver drops 0.25 per cent, from 3.55 per cent to 3.30 per cent. Article


continues below Smart Junior ISA / Smart Junior ISA Maturity / Child Trust Fund / CTF Maturity ISA drops 0.25 per cent, from 3.55 per cent to 3.30 per cent. Reward Single Access ISA / Single


Access ISA / Single Access Saver drops 0.10 per cent from 3.35 per cent to 3.25 per cent. Limited Access Saver / Limited Access Online Saver drops 0.15 per cent, as does e-Savings Plus,


from 1.90 per cent to 1.75 per cent. riple Access Saver / Triple Access ISA drops 0.15 per cent to 1.80 per cent from 1.95 per cent. Article continues below 1Y Triple Access Online ISA /


Saver drops 0.25 per cent to 3.75 per cent from 4 per cent and Reward Saver / Reward ISA drops 0.10 per cent to 3.2 per cent from 3.3 per cent. Instant access savings accounts (e.g. Instant


Access Saver, Easy Access Saver, Easy Access ISA) will drop to between 1.30 per cent and 1.60 per cent, marking either a 0.25 per cent or 0.2 per cent dip.