Product update: Limited access online saver

27 March 2017

Nationwide Building Society has launched a new online issue of its Limited Access Saver.

The rate for annual interest on balances of £1 or more will be 0.50% AER tax-free (variable).

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.

Customers can make 5 instant access withdrawals per annum. On the sixth withdrawal, the interest rate reduces to 0.10% gross p.a/AER for the remainder of the account year. New and existing customers can withdraw money electronically to a nominated account, which can be any UK current account or Nationwide savings account held in the account holder(s) name. More information about the account can be found at: http://www.nationwide.co.uk/products/savings/limited-access-online-saver/features-and-benefits

Further details on all Nationwide’s Savings Promises can be found at: http://www.nationwide.co.uk/support/support-articles/services/savings-promises

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.