Regular Savings Account
Our Regular Savings account is designed to encourage you to save and keep on saving. Enjoy flexible savings with unlimited withdrawals and deposit up to £1,000 a month with the option to take a break if you want to.
Key features
- Save up to £1,000 each month
- Instant access to your savings with unlimited withdrawals
- Rewards you with a higher rate of interest the more you increase your overall balance by each month
- Open your account with as little as £1
- Manage your account online
- Pay money in using 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
- Part of our Instant Access range - accounts with unlimited instant access, giving you the highest level of flexibility.
Interest Rates
| Monthly increase in balance |
Free withdrawals per year |
Notice period/loss of interest for additional withdrawals |
AER% |
AER% including bonus |
Gross p.a.% |
Net p.a.% |
| £1 - £99 |
Unlimited |
n/a |
0.10 |
n/a |
0.10 |
0.08 |
| £100 - £199 |
Unlimited |
n/a |
1.35 |
n/a |
1.35 |
1.08 |
| £200 - £499 |
Unlimited |
n/a |
1.85 |
n/a |
1.85 |
1.48 |
| £500 - £1,000 |
Unlimited |
n/a |
2.50 |
n/a |
2.50 |
2.00 |
- Rates are variable
- The interest rate depends on the increase in the account balance, not how much you have in the account.
- Maximum 2 account holders, minimum age 11
- Interest & bonus calculated monthly and paid annually on 31 October
- For example, if you saved £500 a month for 12 months without making any withdrawals, you would earn £81.50 gross interest by the anniversary of the first deposit based on the current variable rate of 2.50% gross p.a./AER
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
Fixed Rate e-Bonds
If you can invest a lump sum without needing to access it take a look at our savings bonds where you'll get a fixed rate of interest for the term of your account.
Find out more
Children's Savings
Savings accounts designed for children to manage their own savings and for parents, friends and family to save for a child's future.
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.