Why choose 1 Year Triple Access Online ISA?

Interest rate

Up to 1.21% AER/tax-free (variable) for 12 months.

Access to your money

Make up to three withdrawals during the 12-month term of this account.

Make more than three and the rate drops to 0.10% AER/tax-free (variable).

Manage your money

Online

Designed for:

  • Savers who already have a Nationwide current account or instant-access savings account
  • Savers who are registered for our Internet Bank/Banking app
  • Savers who are happy to make up to three withdrawals (during the 12-month term) without loss of interest
  • Savers who want to open and manage their account online

Not designed for:

  • Savers who do not already have a Nationwide current account or instant-access savings account
  • Savers who are not registered for our Internet Bank/Banking app
  • Savers who want to make more than three withdrawals during the 12-month term without loss of interest
  • Savers who want to use one of our branches to either open or manage their account
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Account details

Explore the key features and benefits of this account in our Summary Box before moving on to start your application.

Summary Box

Account name

1 Year Triple Access Online ISA

What is the interest rate?

Your rate depends on how many times you take money out in the 12 month term. After you take money out 4 times, the lower rate applies for the rest of the term.

Withdrawals Interest rate AER/tax-free (variable)
3 or fewer 1.21%
4 or more 0.10%

Receiving your interest

We work out your interest daily, and pay it into your account at the end of the term.

Can Nationwide change the interest rate?

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

The following sections of our Cash ISA 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 your branch, or online at nationwide.co.uk/savingsrates

What would the estimated balance be after 12 months based on a £1,000 deposit?

Withdrawals made Interest rate AER/tax-free (variable) Balance after 12 months
0 1.21% £1012.10
4 0.10% £964.61*

*Example shows the estimated balance if you withdraw £10 on the first day of the month, for the first 4 months of the term.

This table shows what a future balance might look like. It assumes:

  • You don’t pay any more money in
  • The interest rates shown do not change

How do I open and manage my account?

  1. Check you can have this account

    You need to:

    • be 16 or over
    • be a UK resident for tax purposes or, if not, you need to either be a Crown employee serving overseas or be married to, or in a civil partnership with, someone who is
    • have a valid email address
    • have a Nationwide instant access savings account (not an instant access ISA) or Nationwide current account
    • be registered for the Internet Bank and able to open and manage the account online.

    You can’t open this account if you’ve:

    • already used up your ISA allowance this tax year – whatever the type of ISA you’ve paid into
    • paid into a cash ISA with another provider this tax year, unless you’ll be transferring that ISA into this account.

    You cannot open this account in trust for the benefit of another person.

  2. How to open your account

    You can open an account:

    You just need to put in at least £1. You can save up to this year’s ISA allowance (£20,000 in the tax year 2019/20). If you have existing ISAs with us or with another provider, you can transfer them into this account by going to nationwide.co.uk/isas

  3. Manage your account

    • This is an online account - you can manage your money through the Internet Bank or Banking app.

Can I withdraw money?

  • Yes, and you can take money out three times in the term without losing interest. If you take money out more than this, you’ll get a lower rate for the rest of the term.
  • 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 replace any withdrawn money from your cash ISA, as long as you withdraw and replace it in the same tax year, without impacting your annual ISA allowance.

At the end of the term

A year after you open your account, we’ll move your money to a Triple Access Online ISA which pays a lower rate of interest. We’ll be in touch before this happens to explain your options and next steps.

Additional information

  • This account does not come with a card, passbook or certificate.

Interest rate terms explained

AER

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

Tax-free

Your interest is paid free from income tax.

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

The interest rates and information in this summary box came into effect on 16 October 2019.

This Summary Box sets out key features of the savings account. For full details, please read the account terms and conditions.

Before you apply, please make sure you read the Summary Box and Terms and Conditions in full and print a copy for reference.

Other important information