A cash ISA allows UK residents aged 16 or over to save up to £5,760 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.
With our Web ISA you can enjoy the convenience of tax-free, online savings and for balances of over £1,000 you'll get an introductory fixed bonus rate.
Consider switching to a Nationwide current account, or you can choose to apply for a Cashbuilder Card account and a Web ISA at the same time.
Web ISA Issue 3 - Launched 2 April 2013
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).
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.
FSCS - Protecting your money. Find out more
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
If you need more help
understanding ISAs visit
our ISA guide for
information on ISA limits,
transfers, top-up and more.
Visit our ISA guide
Transfer your ISA to Nationwide
Move between Nationwide ISAs
Find out more about investing in a Stocks & Shares ISA
Web ISA terms & conditions
Download the account User Guide
View previous interest rates for this account