Instant Access ISA Savings Account

A Nationwide Instant Access ISA works like a normal savings account, you can keep building up your balance each tax year saving up to your annual cash ISA allowance. The higher your balance the more interest you earn but unlike other savings accounts all the interest you earn is tax free so you get to keep it.

Cash ISAs are a flexible and tax-efficient way to save and everyone aged 16 or over can save up to £5,760 tax-free in a cash ISA with one provider, each tax year.

Key features

Build up your balance each tax year - the more you save the higher rate of interest you earn
Instant access with unlimited withdrawals and deposits up to your annual cash ISA limit
Open your Instant Access ISA account with £100 in any Nationwide branch
Transfer in funds from your existing cash ISAs and as part of our Savings Promises you will start earning interest as soon as we receive your application
Provided that the funds are free to move and not subject to any notice period
Pay money in using your passbook in branch, online from a Nationwide card account or set up a standing order
Have interest paid into your cash ISA, current account or another Nationwide savings account
Excludes Regular Savings

Interest Rates

Balance	Free withdrawals per year	Notice period	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

Rates are variable
Maximum 1 account holder
Minimum age 16
Interest calculated daily
Interest is paid annually

For full account details see the Instant Access ISA Rates & account details page

How to apply

or view our full cash ISA range

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.

Find out more

Are you using your full annual ISA allowance?

If you've used your cash ISA allowance this tax year you could still invest up to a further £5,760 in a Stocks & Shares ISA. This could help you use your full £11,520 annual ISA allowance this tax year.

Find out more

Want to open and manage your ISA online?

If you want to open and manage your ISA online then you may want to consider our instant access Web ISA.

Find out more

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

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).

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

FSCS - Protecting your money. Find out more

FSCS - Protecting your money

Your eligible deposits with Nationwide Building Society are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. This limit is applied to the total of any deposits you have with the following: Nationwide Building Society, Cheshire Building Society, Derbyshire Building Society, Dunfermline Building Society and Nationwide UK (Ireland). Any total deposits you hold above the £85,000 limit between these brands are not covered.

Please click here for further information or visit www.fscs.org.uk