Features and benefits

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Fixed Rate Bonds

Nationwide Fixed Rate Bonds are a one off lump sum account that pay a fixed rate of interest for the term of the account - if you can lock away a lump sum for a fixed length of time then fixed term accounts can potentially reward you with a higher savings rate.

Here's what you get with a Fixed Rate Bond ...

Up to 1.40% gross p.a./AER (fixed)

Fixed for 3 years. Other fixed terms and rates are available. Partial withdrawals from your account before the end of the fixed term are not allowed. Early closure will incur a loss of interest

Interest payment options

You can choose to have your interest paid either monthly or annually

Easy opening

You can open your account at any Nationwide branch for as little as £1

Fixed rate of interest

Lock away a lump sum for a fixed length of time and you could be rewarded with a higher savings rate. Choose from our range of fixed rate terms to suit your needs

Open multiple accounts

You can open several Fixed Rate Bonds as long as your combined savings bonds balance doesn't exceed £5,000,000

Up to 2 account holders, age 7+

You can have up to 2 account holders, each of which must be at least 7 years old

We're here to help you to save

  • Our Savings Promises ensure we treat you fairly and help you make the most of your savings
  • Through our SavingsWatch service, we'll tell you by email or SMS if we change your savings interest rate up or down and if we launch a new savings account we'll let you know about that too, by email. Find out how to register
  • Keep track of your savings balance with our free mobile banking app
  • Use our budget calculator to work out how much money you have left over each month after you've covered all your outgoings.

Ready to open a Fixed Rate Bond?

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Financial Services Compensation Scheme

Protecting your money

Find out more - Financial Services Compensation Scheme

You may also be interested in...

ISAs explained

ISAs are a tax-efficient way to save. Visit our ISAs explained section to find out what ISAs are, how they work and for more information on ISA limits.

Current account

Don't have a Nationwide current account? Our FlexAccount could give you access to a range of exclusive offers and discounts - all with no monthly fee.

Are you using your full ISA allowance?

The ISA allowance is £15,240 for the tax year 2015/2016 which you can split however you choose between a cash ISA and a Stocks & Shares ISA.

Jargon explained

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
AER includes conditional bonus (if applicable)
The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax).
The net rate of interest is the interest payable after any income tax is deducted (if you do pay tax).
Tax-free is the contractual rate of interest payable where interest is exempt from income tax.
The tax information provided is based on our understanding of current law and HM Revenue & Customs practice, both of which may change.

Rates and information

Managing your account