Nationwide rewards loyal savers through special bonds with extra interest.
Instead of this, would being entered into a savers' monthly prize draw for up to £100,000 be more attractive to you?
Share your thoughts. Please SCROLL DOWN to comment or view comments.
Posted by Nationwide team
Please let's have a monthly prize draw, so that everyone who banks with Nationwide can hope for some Good Luck! These days, many of us could do with something to keep up our morale.
Date posted - 31/10/2011 09:26:45
I would prefer better interest rates and perks like no foreign transaction charges as before. Surely these can be applied to loyal customers only and not just 'gold diggers'. A prize each month to one or two customers is not a fair way to distribute profits.
Date posted - 31/10/2011 09:26:16
I would prefer Nationwide to reward loyal customers with better interest rate on their savings, perhaps an account ONLY available to customers who have had an active account with Nationwide for more than 10yrs, then an even better rate at 15yrs and 20yrs
Date posted - 31/10/2011 09:25:51
AS SEEN IN DAILY EXPRESS said:
would prefer a premium loyalty draw across all nationwide brands cheshire derbyshire dumfirmline to reward all loyal customers
Date posted - 31/10/2011 09:25:28
I'm a long term customer who saves & invests a lot with Nationwide and also makes use of the loyalty products like Bonds and travel insurance. I'd use Nationwide much less if I had to gamble that I'd win a prize, rather than know I'm going to get a good deal. Of course, getting good interest rates/service AND special deals AND a gambling opportunity might be best! But not if I felt I could no longer rely on Nationwide for its savings/service/loyalty rewards. This would fundamentally change my relationship with the Society.
Date posted - 26/10/2011 06:08:34
Add a little excitement to what is often viewed as a very dreary business - go for the monthly draw.
Date posted - 25/10/2011 13:27:06
I would prefer a monthly draw as a long term customer I am affected by interest rate cuts or low level base rates.
Date posted - 25/10/2011 08:01:39
Please retain loyalty bonds and strive to provide the best savings rates possible. I would much prefer this rather than a monthly draw.
Date posted - 24/10/2011 16:06:55
Nationwide like all the other banks pays a lot of money to people to think of new ways to attract savings hence the multiple accounts and thus management overheads. Here’s a simple idea two accounts, one current, one a deposit, get rid of all the gimmicks cut the overheads, lean and mean with better rates of interest. If you build it they will come. PS I abandoned starting an on line MYSave Plus, I don't have memorable names over eight letters long, so if I thought of one to suit you, it would not be memorable for me.
Date posted - 24/10/2011 16:06:29
Ned Ned said:
if your aim is to attract those who would not normally save then a prize draw would probably appeal greatly. However, Loyal savers are probably less likely to be swayed by the prospect of a possible but unlikely windfall. in my own case i'd go with the prize as my current 'savings' plan is limited to trying to overpay my mortgage!
Date posted - 24/10/2011 13:54:10
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