In addition to the general conditions and the cash ISA conditions, the following conditions apply to Members’ ISA Bond. If there is a conflict between the general conditions, the cash ISA conditions and these Members’ ISA Bond conditions, the Members’ ISA Bond conditions will take priority.

  1. The minimum initial deposit is £100.
  2. The account is only available to existing members of the Society who have been continuous members for at least three years on the date of opening the account.
  3. Only one account per member is allowed.
  4. You can make unlimited deposits into the account in each successive tax year. Additional deposits are acknowledged with a receipt unless payments are made online.
  5. Three withdrawals, one of which may be closing the account, are permitted each tax year without notice or loss of interest. Further withdrawals or closure in the same tax year are permitted subject to 30 days’ notice or 30 days’ loss of interest on the amount withdrawn (at the interest rate prevailing at that time). If the funds under notice are not withdrawn by the date the notice ends, a further 10 days will be allowed for this withdrawal without loss of interest.
  6. Interest is added to the account annually on 31 March and on closure. The interest can be transferred to your Nationwide FlexAccount or savings account (excluding Regular Savings) or any other bank or building society current account.