Cash ISAs

Cash ISAs are savings accounts where your interest is paid tax free. Your total annual ISA allowance is currently £11,280 and you can save up to £5,640 of this in a cash ISA. Your remaining allowance can be invested in a stocks and shares ISA.

You can't pay into more than one cash ISA operated by different providers in the same tax year, but with a Nationwide cash ISA you can split your allowance between our full range of cash ISA products, helping you to make the most of your savings.

If you need some help understanding ISAs, visit our ISA guide to find out more.

Visit ISA guide

Our Cash ISA Product range

Online ISA Issue 4

An online cash ISA account which provides unlimited instant access to your savings and a tax free rate of return. Includes a fixed introductory rate* which reverts to a lower variable rate once the fixed rate has expired. You will need to hold or open a Nationwide card account to apply (excludes Regular Savings). Open with £1,000+. Minimum age 16.

Rates effective from 01/05/2012

Balance Min	Max	Free withdrawals per year	Notice period/loss of interest for additional withdrawals	AER%*	AER% including bonus	Gross p.a.%	Net p.a.%
£1	£999	Unlimited	n/a	0.25	n/a	0.25	n/a
£1,000+		Unlimited	n/a	1.00	3.10	3.10	n/a

Apply now

Find out more

Notes

Balances of £1,000+ earn an introductory fixed rate, based on account balance, until 31 October 2013. After this date the rate reverts to 1.00% AER tax-free variable. For any day your balance goes below £1,000 you earn a rate of 0.25% tax-free AER variable.

Rates are fixed. This is a cash ISA.

Flexclusive ISA Issue 2

A branch based savings cash ISA account that gives you tax-free returns. Includes a fixed introductory bonus rate* which reverts to a lower rate once the bonus has expired. Available to main FlexAccount customers (eligibility criteria apply). Transfers in from existing cash ISAs are not accepted into this account. Open with £1. Minimum age 18.

Rates effective from 10/05/2012

Balance Min	Max	Free withdrawals per year	Notice period/loss of interest for additional withdrawals	AER%	AER% including bonus	Gross p.a.%	Net p.a.%
£1+		Unlimited	N/A	2.00	3.50	3.50	n/a

Branch locator

Find out more

Notes

Fixed introductory rate until 30 November 2013.

Rates are variable. The annual interest rate (AER) is guaranteed to pay 1.50% above the Bank of England Base Rate until 1 January 2014 and will track changes in the Base Rate. Any changes will be made within one month of a Bank of England announcement.

75 Day ISA Issue 3

A branch based, 75 day notice cash ISA account that gives you tax-free returns. Includes a fixed introductory bonus rate* which reverts to a lower rate once the bonus has expired. Open with £1,000+. Minimum age 16.

Rates effective from 01/05/2012

Balance Min	Max	Free withdrawals per year	Notice period/loss of interest for additional withdrawals	AER%	AER% including bonus*	Gross p.a.%	Net p.a.%
£1	£999	1**	75 Days	0.25	n/a	0.25	n/a
£1,000	£24,999	1**	75 Days	1.00	2.75	2.75	n/a
£25,000		1**	75 Days	1.00	2.85	2.85	n/a

Branch locator

Find out more

Notes

Balances of £1,000+ include a tax-free introductory bonus, based on your account balance, fixed until 31 October 2013. For any day your balance goes below £1,000 you earn a rate of 0.25% AER tax-free variable and no bonus.

Free withdrawal does not require notice, further withdrawals in the same tax year are subject to 75 days notice or 75 days loss of interest on the amount withdrawn.

Rates for balances between £1 - £999 are variable and rates for balances over £1,000 are fixed. This is a cash ISA.

6 month Fixed Rate ISA

A branch-based one-off lump sum investment that pays a tax-free fixed rate of interest over a fixed term. Minimum age 16.

Rates effective from 18/05/2012

Balance Min	Max	Withdrawals per year	Notice period/loss of interest for additional withdrawals	AER%	AER% including bonus	Gross p.a.%	Net p.a.%
Annual interest
£1	£9,999	None	N/A	2.52	n/a	2.50	n/a
£10,000	£24,999	None	N/A	2.67	n/a	2.65	n/a
£25,000	£49,999	None	N/A	2.72	n/a	2.70	n/a
£50,000+		None	N/A	2.77	n/a	2.75	n/a
Monthly interest
£1	£9,999	None	N/A	2.48	n/a	2.45	n/a
£10,000	£24,999	None	N/A	2.63	n/a	2.60	n/a
£25,000	£49,999	None	N/A	2.68	n/a	2.65	n/a
£50,000+		None	N/A	2.73	n/a	2.70	n/a

Branch locator

Find out more

Notes

Rates are fixed. This is a cash ISA.

14 Month Fixed Rate ISA

A branch-based one-off lump sum investment that pays a tax-free fixed rate of interest over a fixed term. Minimum age 16.

Rates effective from 18/05/2012

Balance Min	Max	Withdrawals per year	Notice period/loss of interest for additional withdrawals	AER%	AER% including bonus	Gross p.a.%	Net p.a.%
Annual interest
£1	£9,999	None	N/A	2.75	n/a	2.75	n/a
£10,000	£24,999	None	N/A	2.90	n/a	2.90	n/a
£25,000	£49,999	None	N/A	2.95	n/a	2.95	n/a
£50,000+		None	N/A	3.00	n/a	3.00	n/a
Monthly interest
£1	£9,999	None	N/A	2.73	n/a	2.70	n/a
£10,000	£24,999	None	N/A	2.89	n/a	2.85	n/a
£25,000	£49,999	None	N/A	2.94	n/a	2.90	n/a
£50,000+		None	N/A	2.99	n/a	2.95	n/a

Branch locator

Find out more

Notes

Rates are fixed. This is a cash ISA.

18 Month Fixed Rate ISA

A branch-based one-off lump sum investment that pays a tax-free fixed rate of interest over a fixed term. Minimum age 16.

Rates effective from 18/05/2012

Balance Min	Max	Withdrawals per year	Notice period/loss of interest for additional withdrawals	AER%	AER% including bonus	Gross p.a.%	Net p.a.%
Annual interest
£1	£9,999	None	N/A	3.00	n/a	3.00	n/a
£10,000	£24,999	None	N/A	3.15	n/a	3.15	n/a
£25,000	£49,999	None	N/A	3.20	n/a	3.20	n/a
£50,000+		None	N/A	3.25	n/a	3.25	n/a
Monthly interest
£1	£9,999	None	N/A	2.99	n/a	2.95	n/a
£10,000	£24,999	None	N/A	3.14	n/a	3.10	n/a
£25,000	£49,999	None	N/A	3.20	n/a	3.15	n/a
£50,000+		None	N/A	3.25	n/a	3.20	n/a

Branch locator

Find out more

Notes

Rates are fixed. This is a cash ISA.

Instant Access ISA

A passbook cash ISA account that gives you instant access to your funds and tax-free returns. The minimum opening balance is £100. Minimum age 16.

Rates effective from 01/04/2009

Balance Min	Max	Free withdrawals per year	Notice period/loss of interest for additional withdrawals	AER%	AER% including bonus	Gross p.a.%	Net p.a.%
£1	£9,999	Unlimited	N/A	0.25	n/a	0.25	n/a
£10,000	£24,999	Unlimited	N/A	0.35	n/a	0.35	n/a
£25,000+		Unlimited	N/A	0.50	n/a	0.50	n/a

Branch locator

Find out more

Notes

Rates are variable. This is a cash ISA.

Save to Buy ISA

A branch based, tax-free savings account to help First Time Buyers save for a mortgage deposit giving you the opportunity to earn a lump sum cashback reward on completion of a Save to Buy mortgage. Minimum age 18.

Rates effective from 13/02/2012

Balance Min	Max	Withdrawals per year	Notice period/loss of interest for additional withdrawals	AER%	AER% including bonus	Gross p.a.%	Net p.a.%
£50	£20,000	None	N/A	2.50	n/a	2.50	n/a
£20,000+		None	N/A	0.10	n/a	0.10	n/a

Branch locator

Find out more

Notes

Rates are variable. The annual interest rate (AER) pays 2.00% above the Bank of England Base Rate and is guaranteed to track changes in the Base Rate. Any changes will be made within one month of a Bank of England announcement.

Champion ISA

A branch based 60 day notice passbook cash ISA account that gives you tax-free returns and includes the reassurance of a Rate Promise. Open with £1,000+. Minimum age 16.

Rates effective from 01/05/2012

Balance Min	Max	Free withdrawals per year	Notice period/loss of interest for additional withdrawals	AER%	AER% including bonus	Gross p.a.%	Net p.a.%
£1	£999	1*	60 days	0.25	n/a	0.25	n/a
£1,000+		1*	60 days	2.28	n/a	2.28	n/a

Branch locator

Find out more

Notes

Free withdrawal does not require notice, further withdrawals in the same tax year are subject to 60 days notice or 60 days loss of interest on the amount withdrawn.

Rates are variable. This is a cash ISA.

If these cash ISA accounts are not right for you have you considered:

Stocks & Shares ISA

If you would like to make more of your ISA allowance, you may be interested in tax efficient investing.

Find out more

Limited Access

Limited access accounts could give you a higher rate of interest if you don't need immediate or unlimited access to your savings.

Find out more

Fixed Term

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.

Find out more

Interest rate definitions:

AER	AER Stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Gross	The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax).
Net	The net rate of interest is the interest payable after any income tax is deducted (if you do pay tax).

The tax information provided is based on our current understanding of current law and HM Revenue & Customs practice which can change.