Here's what you need to do to get the cash
Nationwide has announced a new offer for customers, promising to pay them hundreds of pounds if they open one of its savings accounts. This could be a great opportunity for savers with a substantial amount of money to invest. The building society's 12-month fixed-rate cash ISA boasts an impressive interest rate of 4.5%. This account is designed for savers who can afford to leave their money untouched. To reap the benefits of the 4.5% rate funds must remain in the account.
For instance a customer depositing £5,000 will earn £225 by the end of the term. Those investing £10,000 will gain £450, reports BirminghamLive. This demonstrates the potential earnings for those with savings to invest. This comes as financial experts are advising savers to seize the best accounts now before interest rates potentially drop.
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