In addition to the general conditions, the following conditions apply to 75 Day Saver. If there is a conflict between the general conditions and these 75 Day Saver conditions, the 75 Day Saver conditions will take priority. 

Account holding and ownership

  1. Payments into the account can be made at any branch or online via your Nationwide card account.
  2. The account can have a maximum of two joint account holders.
  3. The minimum deposit to open the account is £1,000 and the minimum balance on the account is £1.
  4. The maximum balance on the account is £5 million.
  5. Nationwide reserves the right to limit the number of 75 Day Saver accounts you can have. 
  6. Nationwide's No Penalty Transfer Policy does not apply to this account. This means that in future we may offer the account with different features such as a new bonus or bonus period and we will not write and tell you about it.

Interest

  1. Interest is paid annually on 31 December each year into the account, a Nationwide current account or savings account (excluding Regular Savings) or a current account with another bank or building society.
  2. We will not calculate interest on pence in the account.
  3. The interest rate payable on the account is variable and based on the balance in your account.
  4. In addition to the core interest rate, you will qualify for the bonus interest rate for each day on which the balance of the account is over £1,000.
  5. The bonus rate is fixed for the set period applicable to the issue of the account that you hold and is calculated on the daily balance in the account over the year for each qualifying day. Your issue number and bonus expiry date can be found in the welcome letter you will receive after your 75 Day Saver account is opened and you can use this to look up the interest rate applicable to your account on the interest rate pages of nationwide.co.uk or by contacting your local branch. If you qualify for the bonus it is added to the account on 31 December each year.

Paying money in

  1. Payments into the account can be made at any branch.

Taking money out

  1. Withdrawals can be made at any branch.
  2. Withdrawals may be made at any time subject to 75 days’ written notice, or immediately subject to a loss of 75 days’ interest on the amount withdrawn. If there is insufficient earned interest, then all or part of this 75 days’ interest will be taken from the funds in the account. If the funds under notice are not withdrawn by the date the notice.