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InvestDirect Savings Account

InvestDirect offers you instant access and the convenience to manage your account without having to visit a branch. Operate your account using your cash card, online, via Telephone Banking or by first class post and we pay all the postage costs, your free account guide contains pre-paid envelopes, paying-in forms and withdrawal slips.

Key features

  • Unlimited withdrawals by post in the form of a cheque, use your cash card at any Nationwide or LINK cash machine or transfer money by Telephone Banking or online to a Nationwide card account
  • Unlimited deposits by post, use your cash card at any Nationwide or LINK cash machine, online from a Nationwide card account or set up a standing order to make regular deposits
  • Open your account with £100 online or pick up an application form at any Nationwide branch
  • Part of our Instant Access range - accounts with unlimited instant access, giving you the highest level of flexibility.

Interest Rates

Balance Free withdrawals per year Notice period/loss of interest for withdrawals AER% AER% including bonus Gross p.a.% Net p.a.%
£1 - £2,000,000 Unlimited n/a 0.20 n/a 0.20 0.16
  • Rates are variable
  • Maximum 2 account holders, minimum age 18
  • Interest calculated daily and paid annually on 30 September
Apply online now
or view the rates & account details

You might also like to consider...

Cash ISAs

Cash ISAs are a tax-free way to save. Visit our ISAs explained section to find out what ISAs are, how they work and for more information on ISA limits.

Find out more

Cashbuilder Card

An instant access account designed for convenience. Access your money in branch, through Telephone Banking, using your cash card or online.

Find out more

e-Savings Plus

If you don't need unlimited access to your savings consider our e- Savings Plus account, you can make up to 5 free withdrawals each year with the flexibility to make more.

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).

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.

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Nationwide Building Society is authorised and regulated by the Financial Services Authority under registration number 106078. Credit facilities other than regulated mortgages are not
regulated by the Financial Services Authority. You can confirm our registration on the FSA's website, www.fsa.gov.uk or by contacting the FSA on 0845 606 1234.