Features and benefits

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Loyalty Saver

Exclusively available to our existing members, Loyalty Saver is an instant access savings account that rewards you with an interest rate linked to the length of your continuous membership with Nationwide.

Here's what you get with Loyalty Saver ...

A rate of up to 1.20% gross p.a./AER (variable)

For customers who have been a continuous member of Nationwide for 15 years or more

Rewarding our existing members

Exclusively available to existing customers who have been a continuous member of Nationwide for at least 1 year. Only one loyalty saver account may be opened per customer either in joint or sole names.

Tiered interest rate rewards the length of your membership

As your length of continuous membership increases we will automatically move you to the higher rate of interest, up to 15 years, and send you a letter confirming the change

Access whenever you need it

Loyalty Saver gives you unlimited free withdrawals and unlimited deposits up to a maximum of £50,000

Open with just £1+

Open your account with just £1 online or in any Nationwide branch

Up to 2 account holders, age 18+

There can be up to 2 account holders, each must be at least 18 years old

Are you eligible for Loyalty Saver?

To apply for a Loyalty Saver account you must be aged 18 or over and have been a continuous member of Nationwide for a minimum of 1 year. The rate you are eligible for is defined by the length of your membership with Nationwide.

What is a member?

A member means a customer with a Nationwide current account, savings account or mortgage. The following product holdings do not carry membership rights: deposit accounts, personal loans, credit cards, insurance products, products offered by subsidiaries of the Society such as Nationwide International or The Mortgage Works (UK) plc.

If you were a member of another Building Society that has merged with Nationwide, this will count towards your length of membership with Nationwide. For all ex-Dunfermline customers, your membership date starts on 30 March 2009 as this was an acquisition rather than a merger.

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
  • Download our free mobile banking app - you can check your savings balances and interest rates at any time, save little and often with Impulse Saver and even open and activate some of our savings accounts on your mobile.
  • 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 apply for a Loyalty Saver account?

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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.

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.

Limited Access Saver

If you don't need unlimited access to your savings consider our Limited Access Saver account, you can make up to 5 withdrawals a year without loss of interest

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