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Fixed Rate Cash ISA

  • Get tax-free saving and deposit a lump sum for up to 5 years.
  • Lock away your money and have the security of knowing your interest rate will not change.
Logo of the Financial Services Compensation Scheme.

Interest rate

3.80% to 4.00%
AER/tax-free (fixed)

You can choose between a 1, 2, 3 or 5 year fixed term. The interest rate depends on the term of your ISA.

The interest rate is fixed, which means it will not change for the term of your ISA. We pay interest annually, at the end of the term you choose and on the day your ISA closes.

How this ISA works

  • You can only deposit money into this ISA when you open the account. Our Fixed Rate Cash ISA is designed for saving a one-off lump sum rather than regular saving.
  • When you apply, you can deposit money either by transferring an ISA from another provider or adding funds at the end of your application.
  • You can only withdraw money before the end of the term by closing the ISA and paying an early access charge.
  • At the end of the term, we will move your money to an instant access cash ISA. We will let you know before this happens and what your interest rate will be.

Who can apply

To apply for this ISA, you must:

  • be 18 or over
  • be a UK resident, Crown employee serving overseas or partner of a Crown employee
  • not have used up your annual ISA allowance. This tax year, you can pay in up to £20,000 across your ISAs with any provider

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

Summary box for Fixed Rate Cash ISA

This summary box sets out the key features of the ISA. For full details, read the account terms and conditions.

Download and read your ISA documents

Make sure you read and save or print the summary box and full terms and conditions before beginning your application.

You can also read our latest summary financial statement in our review of the year plus our auditor’s report in our annual report and accounts on our Results and accounts page.

Apply for this ISA

To apply for this ISA, you must:

  • be 18 or over
  • be a UK resident, Crown employee serving overseas or partner of a Crown employee
  • not have used up your annual ISA allowance. This tax year, you can pay in up to £20,000 across your ISAs with any provider

Select a term to apply for

Help for customers

If you already have an ISA with us, we are here to support you.

Quick links:

Protecting your money

The Financial Services Compensation Scheme (opens in a new window) (FSCS) is a free, independent service that protects up to £85,000 of your eligible money at Nationwide.

Find out more about the FSCS – PDF, 2MB (opens in a new window)