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How to manage your 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.

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Paying money in

In most cases, if you’re paying in from another Nationwide account, you can do it:

Check how to pay in to your Nationwide ISA

If you’re paying in from an account you have 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 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.

Taking money out

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.

In most cases, if you're moving money to another Nationwide account, 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.

If you have a 1 Year Triple Access Online ISA with us, you can only manage your money online.

See our guide to taking money out of your ISA, including any withdrawal limits your account may have.

Moving money to a non-ISA account you have with another manager

Note:

If you move the money to a non-ISA account, you'll lose your tax-efficient benefits.

If you have a Nationwide current account or instant access account

  1. Transfer the amount you want to move to your Nationwide current account or instant access savings 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 or instant access 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 you're moving money between.

Looking to move all your money from your Nationwide cash ISA?

Then you may want to think about closing your ISA, so that any unpaid interest will move with it.

Moving money between your Nationwide cash ISA accounts

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 your Nationwide cash ISA accounts.

Transferring your ISA

People often switch ISA managers. Some do it because they’re looking for a better interest rate. Others do it to bring their accounts under one roof, with one manager.

See our guide to transferring your ISA to and from Nationwide

When your interest is paid

The date we pay interest depends on the type of ISA you have.

Check our list of ISAs to see when your interest is paid.

Change where your interest is paid

We might be able to pay your interest into:

  • a Nationwide current account or savings account.
  • a current account you have with another UK bank or building society.

To find out, check the Key Product Information for your account.

If your account has this feature, you can make a change:

Checking your allowance

Your annual ISA allowance starts with every tax year. The allowance for the 2024/25 tax year is £20,000. The current tax year started on 6 April 2024 and ends on 5 April 2025.

See how much you've already saved in your cash ISA:

If you have a stocks and shares ISA with Nationwide, you can check your investment by contacting Aegon:

Checking your payments online

You can check any payments you’ve made to your cash ISA online. Just log in to our Internet Bank then select:

  • your cash ISA from the list of your accounts
  • ‘Enter dates'
  • the date range you want to see payments for

Register for our Internet Bank

We'll just need a few details from you. Joint account holders need to register separately.

Register for our Internet Bank now

Renewing your ISA

If you don’t use any of your ISA allowance for an entire tax year, the next time you try to pay into your Nationwide ISA, you’ll need to complete an ISA renewal form. If you don’t, the payment will not go through.

The quickest way to complete the form is by logging into the Internet Bank. If you haven’t already, you can register for the Internet Bank now.

See our guide to renewing your ISA

Closing a Nationwide cash ISA account

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.

How you close and move money from your ISA can depend on a number of things, including:

  • the type of ISA you have
  • if you're closing your ISA early or it's about to mature
  • the account you want to move your money to.

Find out how to close your ISA.

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