Opening a new cash ISA

A cash ISA (Individual Savings Account) is a tax-free way to save. On other savings accounts, you may have to pay income tax on the interest you earn. The interest on a cash ISA is free from tax, so all the interest you earn, you keep.

  • ISAs explained

    Find out more about the annual ISA allowance, ISA flexibility, and much more.

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  • Need help choosing a savings account?

    Just answer a few questions and we'll show you your savings options with Nationwide.

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  • Explore our full range of ISAs

    Offering different ways to access your money plus specialist accounts

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Thought about investing?

Our Stocks and Shares ISA is a tax-efficient way to invest. If you're happy to invest for at least 6 years, it could help you beat inflation and build a nest egg for the future. You'll need to be 18 or over and a Nationwide member.

Stocks and Shares ISA

Managing your existing Nationwide cash ISA

Here’s our guide to managing your cash ISA. Always check the terms and conditions for your account, as it may have withdrawal limits or fees, or a specific way to be managed or closed.

If you’re paying in from your other Nationwide account
In most cases, you can do it:

If you’re paying in from your account with another manager
You’ll need to check their payment process.

The account details you’ll need are:

  • Account number: 33333334
  • Sort code: 07 00 93
  • Your ISA reference number (find it on our Banking app, Internet Bank, or in your passbook)

How you withdraw money from your ISA depends on the type of account you’re moving it to.

Note:

If you're looking to transfer your money to an ISA with another manager, make sure you follow the correct transfer process. If you withdraw the money instead, you'll lose your tax-efficient benefits.

You can also move money between ISA accounts you hold with us without it counting towards your annual ISA allowance. This is provided that the accounts you hold accept payments in and allow you to take money out.

Moving money to another Nationwide account

In most cases, you can do it:

If you’re making a withdrawal in a branch, remember to bring the account numbers and sort codes of the accounts you’re moving money between.

Moving money to an account you have with another provider

How you move money depends on whether you have a Nationwide current account.

If you have a Nationwide current account:

  1. Transfer the amount you want to move to your Nationwide current account.
  2. Then transfer the money to a non ISA account you have with another manager.

If you don’t have a Nationwide current account
You’ll need to go to your nearest Nationwide branch to move money from your ISA. Remember to bring account numbers and sort codes for the accounts your moving money between.

You’ll need to speak to your new manager, who will be able to arrange the transfer for you.

If they ask for your Nationwide ISA details, use these:

  • Account number: 33333334
  • Sort code: 070093
  • Your roll/reference number

Your roll/reference number looks like this: 1234/123456789. You can find it:

  • printed on the inside cover of your passbook
  • when you log in to the Internet Bank
  • or for Fixed Rate ISAs, on the front of the certificate you received when you opened your account.

The following steps also apply to matured Child Trust Funds held with other providers. This includes matured Child Trust Funds that are not ISAs.

If you don’t already have a Nationwide cash ISA, but you’re a member
You can open one while making the transfer. See our cash ISAs.

If you don’t have a Nationwide cash ISA and you’re not member
You’ll need to open one before making the transfer. See our cash ISAs.

If you already have a Nationwide cash ISA to transfer into
You can do this:

Check if your ISA manager lets you transfer online. If not, please visit us in your nearest branch.

You can transfer all or some of the money from your cash ISA. You can also choose to close the account you’re transferring from and make sure any unpaid interest is also transferred to your new Nationwide cash ISA.

You’ll need to transfer in a branch if you have

  • a BFPO address
  • Power of Attorney and are transferring an ISA on behalf of someone else

What you need for the transfer

  • your Nationwide cash ISA account number
  • your National Insurance number
  • the account details of the cash ISA you’re transferring to us

When you open one or more cash ISA accounts with us, they form part of a portfolio cash ISA. This means you can move money between the accounts in your ISA portfolio without it counting towards your annual ISA allowance.

In most cases, you can move money between the accounts in your cash ISA portfolio:

Note:

Some cash ISA products limit how much you can take out or pay in. You'll need to consider this before moving money between accounts in your Nationwide cash ISA.

Keep in mind, if you're looking to close your ISA early, you may be charged a fee. Check the terms and conditions for your account to find out.

Close and move the money into a new cash ISA account with us

If you're looking to open a new cash ISA account with us, you can close your current Nationwide ISA account at the same time. Take a look at our ISAs to start.

Close and move the money into another Nationwide account

Close on our Internet Bank

You can easily close your Nationwide cash ISA and move the money into another Nationwide account you have with us. Just log in and use the closure form.

Keep in mind: if you have a BFPO address or have been granted Power of Attorney, you’ll need to visit a branch or request an application pack.

Close in a Nationwide branch

Just remember to bring some ID and your Nationwide cash ISA account number.

Close and move the money to a cash ISA with another manager

Note:

If you're closing your account and moving the money to an ISA with another manager, make sure you use your new ISA manager's transferring service. If you withdraw the money instead, you'll lose your tax-efficient benefits.

If your new ISA manager asks for your Nationwide ISA details, use these:

  • Account number: 33333334
  • Sort code: 070093
  • Your roll/reference number

Your roll/reference number looks like this: 1234/123456789. You can find it:

  • printed on the inside cover of your passbook
  • when you log in to the Internet Bank
  • or for Fixed Rate ISAs, on the front of the certificate you received when you opened your account.

Close and move the money to a non-ISA account with another manager

This depends on whether you have a Nationwide current account.

If you have a Nationwide current account

Use the closure form on our Internet Bank to close your ISA and move the money into your current account. You can then move the money to the account you have with another manager.

If you don’t have a Nationwide current account

You’ll need to close your ISA in a Nationwide branch.

Remember to bring some ID and your Nationwide cash ISA account number.

Any money in your ISA will be sent to your registered address by cheque.

You can also transfer in a cash ISA when you open a new cash ISA. View our range of cash ISAs

Help, support and tools

Starting to save?

If you're not in the habit of saving it can be hard to know where to start. We've got a range of accounts, tools and advice to help you get started.​

Ways to help you save
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Make PayDay your SaveDay

Did you know, people who save the day they are paid often have far more success. So why not join the thousands who’ve done so already, and make PayDay your SaveDay.

Find out more