In addition to the general conditions and the cash ISA conditions, the following conditions apply to Instant ISA. If there is a conflict between the general conditions, the cash ISA conditions and these Instant ISA conditions, the Instant ISA 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 Instant ISA accounts you can have.


3. Interest is calculated daily and paid annually on 30 September and on closure, except for Issue 2, where interest is paid annually on 31 March and on closure. 
4. Interest can be paid either into the account, a Nationwide current or savings account (excluding Regular Savings or Flexclusive Regular Saver) or a current account with another bank or building society. 
5. We will calculate interest on each whole pound in the account. 
6. The core interest rate payable on the account is variable and is based on the balance in your account.
7. In addition to the core interest rate, a fixed bonus interest rate is payable on some issues of this account for a set period applicable to the issue number of the account. The bonus interest rate is payable  during the set period for each day on which the balance of the account is over a specified amount depending on the issue number of the account, after which the rate reverts to the core interest rate. The issue number of the account and details about any bonus interest rate payable can be found by logging onto the Internet Bank or by contacting us.

Operating the account

  1. You can withdraw any available funds in the account, or transfer to another ISA provider, without notice or loss of interest.