In addition to the general terms and conditions the following conditions apply to Fixed Term Bond Maturity. If there is a conflict between the general conditions and these Fixed Term Bond Maturity conditions, the Fixed Term Bond Maturity conditions will take priority.

Account holding and ownership

  1. The minimum balance on the account is £1
  2. Nationwide reserves the right to limit the number of Fixed Term Bond Maturity accounts you can have

Interest

  1. Interest is calculated daily and paid annually on 30 September and on closure
  2. Interest can be paid into the account or paid directly to a Nationwide savings account (except Regular Savings), or current account with us or any other provider. We will calculate interest on each whole pound in the account
  3. The interest rate payable on the account is variable

Taking money out

  1. Part withdrawals are permitted online. If you want to withdraw funds from the account in branch, the account must be closed or all of the funds in the account transferred to another account
  2. No notice is required for closure or transfer of funds