Nationwide Refreshes Cash ISA Range

On Friday 1 May 2015, Nationwide Building Society will be making a number of improvements to its cash ISA range. These include:

Flexclusive ISA

Nationwide will be launching Issue 9 of its Flexclusive ISA that will pay a competitive 1.60% AER/tax-free (variable) on balances of £1 or more. Flexclusive ISA is the Society’s top paying, instant access cash ISA and is available to its main Nationwide current account holders1.

In addition, savers who hold Flexclusive ISA (Issue 8) will see their rate increase to 1.60% AER/tax-free variable.

Both Issue 8 and Issue 9, along with all other previous issues of Flexclusive ISA, accept transfers in from existing ISA balances.

Instant ISA Saver

For those who do not have a main current account1 with Nationwide, the Society will be launching a new issue of its Instant ISA Saver account. Issue 3 will pay 1.40% AER/tax-free (variable).

Savers with Instant ISA Saver (Issue 2) will also get a rate increase, to 1.40% AER/tax-free (variable).

All issues of Instant ISA Saver accept transfers in.

Fixed Rate ISAs

The Society is introducing new issues of its one, two and three-year Fixed Rate ISAs. The rates on these products continue Nationwide’s promise to ensure that its Fixed Rate ISA rates will match or beat its equivalent Bond rates.

The rates of annual interest on balances of £1 or more are:

  • One-year Fixed Rate ISA paying 1.60% AER/tax-free
  • Two-year Fixed Rate ISA paying 1.80% AER/tax-free
  • Three-year Fixed Rate ISA paying 2.00% AER/tax-free

Monthly interest options are available for all of Nationwide’s Fixed Rate ISAs.

All of the above Nationwide ISAs can be opened via the Nationwide mobile banking app, as well as online and in branch.

Notes to Editors

Flexclusive ISA (Issue 8), Instant ISA Saver (Issue 2) and Nationwide’s previous range of Fixed Rate ISAs will be withdrawn from sale at 23:59 on Thursday 30 April 2015.

1 Flexclusive ISA is available to customers aged 18 or over who meet one of the following criteria:

  1. Hold a FlexOne account or hold a FlexAccount with a Visa debit card (not cash card or cash card+) and have:
    1. Been paying in £750+ a month (excluding internal transfers) for the last 3 months; or
    2. Completed an account switch to us (from a non-Nationwide account) using our Current Account Switch Team in the last 4 months; or
  2. Hold a FlexDirect or FlexPlus account
FLEXCLUSIVE ISA
Availability Via the Nationwide mobile banking app, online at www.nationwide.co.uk* or in Branch
Withdrawals Instant access
Deposits Unlimited, subject to annual cash ISA allowance. Transfers of existing ISA balances from other Nationwide ISAs and external providers are permitted.
Min. opening balance £1
Min. operating balance £1

INSTANT ISA SAVER
Availability Via the Nationwide mobile banking app, online at www.nationwide.co.uk* or in Branch
Withdrawals Instant access
Deposits Unlimited, subject to annual cash ISA allowance. Transfers of existing ISA balances from other Nationwide ISAs and external providers are permitted.
Min. opening balance £1
Min. operating balance £1

*to apply online you must hold a Nationwide savings, mortgage or current account.

About Nationwide

Nationwide is the world's largest building society as well as one of the largest savings providers and a top-three provider of mortgages in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 15 million customers.

Customers can manage their finances in a branch, via the mobile app, on the telephone, internet and post. The Society has around 18,000 employees. Nationwide's head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centres across the UK.

Please note: If you are a customer looking for information on our products and services, please visit the main website.