Fixed Rate ISAs - managing your account
If you have any questions about managing your Fixed Rate ISA , check the frequently asked questions below to see if we can help (just click the question and the answer will appear underneath):
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No it is not possible to pay additional deposits into the account after the initial deposit has been paid.
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No, part withdrawals are not possible during the term of the account, you would have to withdraw the total balance and close the account.
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Interest can be paid annually on 31 March or monthly and on maturity. You can withdraw it or you can choose to have your interest paid into your ISA (annual interest option only), your current account or another Nationwide savings account (excluding Regular Savings). When the term is not a full year and you have not chosen to receive monthly interest, interest is paid on maturity.
The rates and terms for Fixed Rate ISA are only available for limited periods and may be withdrawn from sale without notice.
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We'll send you a certificate within a few days of opening your account. During April, we'll send you a full summary statement. You can check your account online or at your local branch.
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When your Fixed Rate ISA is nearing maturity, we'll let you know the exact maturity date, a projected maturity value, and also advise you of your options for reinvesting with Nationwide to boost your savings further.
Once your Fixed Rate ISA does mature, it will automatically mature into an Instant Access ISA where you will continue to earn tax-free interest on your savings.
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Yes, you can hold more than one Fixed Rate ISA subject to the maximum ISA balances.
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Fixed Rate ISAs can be closed at any branch. Identification in the form of a passport or drivers licence (paper version or card with green paper counterpart) will be required along with the bond certificate.
Any lost or stolen certificates must be reported before the account can be closed. Please contact your nearest branch or call us on 08457 30 20 10 to report a lost or stolen certificate.
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If you close your Fixed Rate ISA prior to maturity, an early access charge will be applied in the form of a loss of interest.
Term 5 years 4 years 3 years 2 years or 18 months 1 year or less Loss of interest 365 days 320 days 270 days 180 days 90 days -
To transfer your Nationwide cash ISA account to another provider you'll need to contact your new provider and complete an application form. Your new provider will then get in touch with us.
Fixed Rate ISA transfers are subject to early access charges.
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In order to transfer your existing cash ISA to Nationwide, you are required to obtain an ISA transfer application pack from your local Nationwide branch and complete the relevant forms. This pack contains details of how the transfer process works and how to complete the necessary forms.
Please allow approximately 4 weeks for the full process to be completed and during this time we'll keep you regularly updated. Please note, you are not required to contact your current provider to let them know that you wish to transfer your ISA to us, we'll do this for you.
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There are forms available online to change your name or address. These can be found within "Other Services" on the Internet Bank. Alternatively you can pop into your local branch.