What accounts offer a decent interest rate thats safe. or at least relatively in the current climate ? National Savings rates look low, I'm sure someone mentioned Nationwide ??
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Helmuts intrestfunden bankensmaken accountIs God willing to prevent evil, but not able? Then he is not omnipotent. Is he able, but not willing? Then he is malevolent. Is he both able and willing? Then whence cometh evil? Is he neither able nor willing? Then why call him God? - Epicurus -
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Nationwide are one of the best. We have several generations of savings with them and so I have been keen to enquire about their stability.
Their loan/saving rate is one of the best (i.e. lowest) in the sector. They are not a PLC and hence not subject to stock market fluctuations that can cause rumours. Interest rates are one of the best, such as on their e-savings accounts/bonds. They have recently taken over Derbyshire BS and another one (I can't remember now), who were in trouble, so in effect Nationwide saved them. When NRK hit the crapper, £2bn worth of funds came into Nationwide.
However you will find that Nationwide are very busy at the moment and hence will not be able to open up a savings account for you quickly. You may have more luck online - worth a try. Frankly I'm amazed that a financial institution these days can afford to be so relaxed about getting funds!Comment
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