Features and benefits

Fixed Rate ISA

If you want to save a lump sum then a Fixed Rate ISA offers a tax-free interest rate that won't change during your chosen term.

An ISA allows UK residents aged 16 or over to save up to £15,000 tax-free with one provider, each tax year. With most savings accounts, if you are a tax payer the tax man gets a cut from the interest you earn, that's why it's reassuring to know that with a cash ISA all the interest you earn, you keep.

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

Up to 2.20% AER tax-free (fixed)

Fixed for 4 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

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 a duration to suit your needs

Choose from our range of fixed rate terms to suit your needs

Easy opening

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

Interest payment options

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

One account holder, age 16+

Maximum of one account holder, minimum age 16

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

Ready to apply for a Fixed Rate ISA?

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Need some help understanding ISAs?

Visit our ISAs explained section to find out what ISAs are, how they work and for more information on ISA limits.

Fixed Rate e-Bonds

If you can save a lump sum without needing to access it take a look at our savings bonds where you'll get a fixed rate of interest for the term of your account.

Instant ISA Saver

Instant ISA Saver is designed for those that want the convenience of a tax-free cash ISA, with instant access.

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 current understanding of current law and HM Revenue & Customs practice which can change.

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Financial Services Compensation Scheme

Protecting your money

Find out more - Financial Services Compensation Scheme

Rates and information

Managing your account

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