Product update: Limited and Instant access products

1 December 2016

Nationwide Building Society is today (Thursday 1 December) launching new issues of its Instant Access Saver, Limited Access Saver and Instant ISA Saver.

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

  • Instant Access Saver issue 5 paying 0.10% gross p.a./AER (variable)
  • Limited Access Saver issue 6 paying 0.50% gross p.a./AER (variable)
  • Instant ISA Saver issue 9 paying 0.60% AER tax-free (variable)

The previous issues of the above accounts were withdrawn from sale at the close of business on Wednesday 30 November.

Notes to Editors:

AER stands for Annual Equivalent Rate which illustrates what the interest rate would be if interest were paid and compounded once each year. The gross rate of interest is the interest rate payable before any income tax is deducted.

Opening accounts

Instant and Limited Access products are available online, via the Mobile Banking app and in branch.

Full details of all Nationwide’s savings products can be found at: http://www.nationwide.co.uk/products/savings/our-savings-accounts/all-savings-accounts

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.