Instant Access Saver

• We work out your interest daily. This is then paid into your account yearly (on the anniversary of your account opening).
• If you close your account early, we'll pay your interest on the day it's closed into another Nationwide current or savings account, or a current account with another UK provider. This account must be in your name, and be able to accept payments.

Yes, the rates are variable. That means we can change them, up or down.

The following sections of our Savings General Terms and Conditions explain when we can do this and how we'll let you know:

• 'Variation of your interest rate and other account terms and conditions'
• 'How will we tell you about interest rate changes?'

You can also check our current rates in branch or online at nationwide.co.uk/savingsrates.

For customers with accounts opened on or after 6 June 2025

The figures in the example above assume:

• No money is paid in or taken out
• There are 365 days in the 12-month period
• No further rate changes after the 6 June 2025.

You can do so:

• on this page
• on our internet bank or banking app (if you’re registered)
• in branch

You need to pay money into your account within 28 days or the account will close. You can pay in any amount up to £5 million.

You can do so:

• using our internet bank or banking app (if you're registered)
• using a Nationwide ATM or paying-in machine, as long as you choose to have a cash card
• in one of our branches, if you have a cash card.

Your statement will be on the internet bank or you can ask for one in branch.

Yes, you can take money out in one of our branches, at a Nationwide ATM, or you can use our banking app or internet bank to transfer money to any Nationwide savings or current account that's in your name and accepts payments. You can also transfer money to a current account you hold with another UK provider as long as it will accept ‘Faster Payments’.

For information on our cash and cheque withdrawal limits, ask in branch or check online.

We'll usually contact you about your account by email, unless we need to send you a letter. If we don't have a valid email address for you, then we'll contact you about your account by sending a letter.

Stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

The interest rate without tax deducted.

You may need to pay tax on any interest that takes you over your PSA. The treatment of your account for tax purposes will depend on your individual circumstances. All tax information is based on our understanding of current law and HM Revenue & Customs practice, both of which may change. For more information, visit hmrc.gov.uk (opens in a new window).

The interest rates and information in this summary box came into effect on 6 June 2025.