Our online FlexDirect account pays 5% AER interest fixed for the first 12 months. That’s on every penny in your account up to £2,500 – 4.89% gross a year. After that, you’ll get 1% AER/gross a year (variable). All you need to do is pay in £1,000 a month, not counting transfers from other Nationwide accounts or Visa credits.
We'll pay the 5% rate on the first account you open in just your name. Plus, if you want to share another account with someone else, we'll pay the 5% rate on the first joint account you open with them.
FlexDirect is based on a simple self-service concept. For the most part, you'll manage your account through our Internet Bank or Banking app.