How to withdraw money from your savings account, ISA or bond
Learn how to take or transfer money out of your savings account, ISA or bond and whether there are any withdrawal limits. If you want to withdraw money from a matured ISA or bond, visit our dedicated maturity pages.
Select your Nationwide account
There are different ways to withdraw money from each of our savings accounts.
Locate your account and we will tell you how to take money out of it or move money between your accounts.
You can find your account name:
- by logging into our app or internet bank
- on some emails we send you
- on some letters we send you
Savings accounts
How many times can you withdraw money?
- This depends on the savings wallet account you have.
- For some accounts (for example, Branch Limited Access), if you make more than 5 withdrawals in a year, we will reduce your interest rate for the rest of the account year.
- For other accounts (for example, Branch Reward Saver), you can take money out as many times as you like.
- Check your account’s terms and conditions to see how many times you can withdraw money.
How do you withdraw money?
You can withdraw money online or in person.
Withdraw money online
When withdrawing money online, you can only transfer it to another Nationwide account. You cannot transfer to another provider.
There is no limit on how much you can transfer.
Demo for withdrawing money in our app (opens in a new window)
Demo for withdrawing money in our internet bank (opens in a new window)
Withdraw money in person
When withdrawing money at a branch counter, show us your savings card and wallet. You can then:
- withdraw between £100 and £500 in cash each day
- transfer any amount to another Nationwide account
- transfer money to another provider. You will need to set them up as a nominated account, which you can do in branch. You can then send up to £10,000 per transaction. If you are making a payment and closing your account, the limit is £100,000
- get a cheque, if you are closing your account
When withdrawing money from a Nationwide cash machine, insert your cash card and you can withdraw up to £500 each day.
How many times can you withdraw money?
- CashBuilder Card: you can take money out as many times as you like.
- Children’s Future Saver: if you make more than 1 withdrawal in a year, we will reduce your interest rate for the rest of the account year.
- Direct Saver, Flex Saver, FlexOne Regular Saver and SmartSaver: you can take money out as many times as you like.
- Future Saver and Smart Limited Access (Adult or Child): if you make more than 1 withdrawal in a year, we will reduce your interest rate for the rest of the account year. We will apply the lower rate on the day you make your second withdrawal.
- Smart Instant Access (Adult or Child): you can take money out as many times as you like.
How do you withdraw money?
You can withdraw money online or in person.
Withdraw money online
When withdrawing money online, you can only transfer it to another Nationwide account. You cannot transfer to another provider.
There is no limit on how much you can transfer.
Demo for withdrawing money in our app (opens in a new window)
Demo for withdrawing money in our internet bank (opens in a new window)
Withdraw money in person
When withdrawing money at a branch counter, tell us your sort code and account number. You can then:
- withdraw between £100 and £500 in cash each day
- transfer any amount to another Nationwide account
- get a cheque for up to £500,000
With a CashBuilder Card account, you can also use our cash machines to withdraw up to £500 each day.
How many times can you withdraw money?
- Continue to Save, e-Savings, Flex Instant Saver and Flex Online Saver: you can take money out as many times as you like.
- e-Savings Plus: if you make more than 5 withdrawals in a year, we will reduce your interest rate for the rest of the account year. We will apply the lower rate on the day you make your sixth withdrawal.
- Flex Regular Saver and 1 Year Triple Access Online Saver: if you make more than 3 withdrawals in a year, we will reduce your interest rate for the rest of the account year. We will apply the lower rate on the day you make your fourth withdrawal.
- Limited Access Online Saver: if you make more than 5 withdrawals in a year, we will reduce your interest rate for the rest of the account year. We will apply the lower rate on the day you make your sixth withdrawal.
How do you withdraw money?
You can only withdraw money online.
Withdraw money to a Nationwide account
There is no limit on how much you can transfer to another Nationwide account.
Withdraw money to another provider
If you are transferring to another provider, you will need to set them up as a nominated account.
You can then send up to £10,000 per transaction. If you are making a payment and closing your account, the limit is £100,000.
How many times can you withdraw money?
- Easy Access Saver, Instant Access Saver and Reward Saver: you can take money out as many times as you like.
- Limited Access Saver 9: if you make more than 5 withdrawals in a year, we will reduce your interest rate for the rest of the account year. We will apply the lower rate on the day you make your sixth withdrawal.
- Single Access Saver: if you make more than 1 withdrawal in a year, we will reduce your interest rate for the rest of the account year. We will apply the lower rate on the day you make your second withdrawal.
- Triple Access Saver and 1 Year Triple Access Saver: if you make more than 3 withdrawals in a year, we will reduce your interest rate for the rest of the account year. We will apply the lower rate on the day you make your fourth withdrawal.
How do you withdraw money?
You can withdraw money online or in person.
Withdraw money online to a Nationwide account
There is no limit on how much you can transfer to another Nationwide account.
Demo for withdrawing money in our app (opens in a new window)
Demo for withdrawing money in our internet bank (opens in a new window)
Withdraw money online to another provider
If you are transferring to another provider, you will need to set them up as a nominated account.
You can then send up to £10,000 per transaction. If you are making a payment and closing your account, the limit is £100,000.
Withdraw money in person
When withdrawing money at a branch counter, tell us your sort code and account number. You can then:
- transfer any amount to another Nationwide account in your name
- transfer money to another provider. You will need to set them up as a nominated account, which you can do in branch. You can then send up to £10,000 per transaction. If you are making a payment and closing your account, the limit is £100,000
- withdraw between £100 and £500 in cash each day
- get a cheque for up to £500,000
With an Instant Access Saver or Triple Access Saver, you can also use our cash machines to withdraw up to £500 each day.
How many times can you withdraw money?
You can take money out as many times as you like.
How do you withdraw money?
You can withdraw money online or in person.
Withdraw money online
When withdrawing money online, you can only transfer it to another Nationwide account. You cannot transfer to another provider.
There is no limit on how much you can transfer.
Demo for withdrawing money in our app (opens in a new window)
Demo for withdrawing money in our internet bank (opens in a new window)
Withdraw money in person
You can withdraw money at any Nationwide cash machine.
Insert your cash card and you can withdraw up to £500 each day.
How many times can you withdraw money?
You can take money out as many times as you like.
How do you withdraw money?
You can withdraw money online or in person.
Withdraw money online
When withdrawing money online, you can only transfer it to another Nationwide account, such as your FlexOne current account. You cannot transfer to another provider.
There is no limit on how much you can transfer.
Demo for withdrawing money in our app (opens in a new window)
Demo for withdrawing money in our internet bank (opens in a new window)
Withdraw money in person
You can make a transfer to another Nationwide account in branch by going to the counter and:
- completing a signed written request
- showing your debit or cash card for your FlexOne current account
- answering some security questions to confirm your identity
Cash ISAs
Note:
To transfer your ISA and its entire balance to another ISA, either with us or another provider, you need to follow our ISA transfer process. Do not just withdraw the money as you may lose your tax-free status.
How many times can you withdraw money?
- This depends on the savings wallet account you have.
- For some accounts (for example, Branch Single Access ISA), if you make more than 1 withdrawal in a year, we will reduce your interest rate for the rest of the account year.
- For other accounts (for example, Branch Flex ISA), you can take money out as many times as you like.
- Check your account’s terms and conditions to see how many times you can withdraw money.
How do you withdraw money?
You can withdraw money online or in person.
Withdraw money online
When withdrawing money online, you can only transfer it to another Nationwide account. You cannot transfer to another provider.
There is no limit on how much you can transfer.
Demo for withdrawing money in our app (opens in a new window)
Demo for withdrawing money in our internet bank (opens in a new window)
Withdraw money in person
When withdrawing money at a branch counter, show us your ISA card and wallet. You can then:
- withdraw between £100 and £500 in cash each day
- transfer any amount to another Nationwide account
- transfer money to another provider. You will need to set them up as a nominated account, which you can do in branch. You can then send up to £10,000 per transaction. If you are making a payment and closing your account, the limit is £100,000
- get a cheque, if you are closing your account
When withdrawing money from a Nationwide cash machine, insert your cash card and you can withdraw up to £500 each day.
How many times can you withdraw money?
- Easy Access ISA, Easy Access ISA 2, Inheritance ISA and Instant Access ISA: you can take money out as many times as you like.
- Reward Single Access ISA and Single Access ISA: if you make more than 1 withdrawal in a year, we will reduce your interest rate for the rest of the account year. We will apply the lower rate on the day you make your second withdrawal.
- Triple Access ISA and 1 Year Triple Access ISA: if you make more than 3 withdrawals in a year, we will reduce your interest rate for the rest of the account year. We will apply the lower rate on the day you make your fourth withdrawal.
How do you withdraw money?
You can withdraw money online or in person.
Withdraw money online
When withdrawing money online, you can only transfer it to another Nationwide account. You cannot transfer to another provider.
There is no limit on how much you can transfer.
Demo for withdrawing money in our app (opens in a new window)
Demo for withdrawing money in our internet bank (opens in a new window)
Withdraw money in person
When withdrawing money at a branch counter, tell us your sort code and account number. You can then:
- withdraw between £100 and £500 in cash each day
- transfer any amount to another Nationwide account
- get a cheque for up to £500,000
How many times can you withdraw money?
- e-ISA: you can take money out as many times as you like.
- 1 Year Triple Access Online ISA: if you make more than 3 withdrawals in a year, we will reduce your interest rate for the rest of the account year. We will apply the lower rate on the day you make your fourth withdrawal.
How do you withdraw money?
You can only withdraw money online.
Withdraw money to a Nationwide account
There is no limit on how much you can transfer to another Nationwide account.
Withdraw money to another provider
If you are transferring to another provider, you will need to set them up as a nominated account.
You can then send up to £10,000 per transaction. If you are making a payment and closing your account, the limit is £100,000.
You cannot withdraw money from these ISAs
To access your money before the account term ends, you must close your account.
You can do this at any Nationwide branch. Remember to bring proof of identity as well as any account cards and certificates.
If you close your account early, you will have to pay an early access charge.
For more information about your Help to Buy: ISA, visit our Help to Buy: ISA support page.
How many times can you withdraw money?
- You can take money out as many times as you like.
- You can withdraw money from your cash ISA and replace it within the same tax year without it counting towards your annual ISA allowance. This is called ISA flexibility.
- The monthly limit you can pay into this ISA is £200. If you withdraw more than £200, for example £500, you would only be able to pay up to £200 back in during the same month.
- If you are using your ISA to buy a property, your government bonus is worked out on your closing balance. You just need to let your solicitor know and they will apply the bonus for you. The latest date for claiming the bonus is 1 December 2030.
How do you withdraw money?
You can withdraw money online or in person.
Withdraw money online
When withdrawing money online, you can only transfer it to another Nationwide account. You cannot transfer to another provider.
There is no limit on how much you can transfer.
Demo for withdrawing money in our app (opens in a new window)
Demo for withdrawing money in our internet bank (opens in a new window)
Withdraw money in person
When withdrawing money at a branch counter, bring some ID such as a passport or driving licence.
Withdrawals over £500 are subject to the funds being available in your branch. You should always call ahead with your request.
How do these accounts work?
You cannot withdraw money from a Smart Junior ISA until the day after it matures into a Junior ISA Maturity account.
The maturity happens on the day the child turns 18.
How do you withdraw money?
Once your ISA has matured into a Junior ISA Maturity account, you can access your money by closing your account or transferring the balance to another ISA.
Savings bonds
When can you deposit money?
- You can withdraw money during the 14-day cancellation period or when your bond matures.
- The cancellation period starts on the day after you open your bond. If you close your bond during this period and there is money in it, you can only transfer these funds to your nominated account. This can be a Nationwide current or savings account or an account with another provider.
How do you withdraw money?
- If you are withdrawing money because your bond has matured, visit our fixed rate bond maturity page for instructions.
- If you are withdrawing money during the 14-day cancellation period, visit any Nationwide branch with ID as well as any account cards and certificates.
When can you deposit money?
- You can withdraw money during the 14-day cancellation period or when your bond matures.
- The cancellation period starts on the day after you open your bond. If you close your bond during this period and there is money in it, you can only transfer these funds to your nominated account. This can be a Nationwide current or savings account or an account with another provider.
How do you withdraw money?
- If you are withdrawing money because your bond has matured, visit our fixed rate bond maturity page for instructions.
- If you are withdrawing money during the 14-day cancellation period, you can either withdraw online or in branch, depending on your account balance.
If you have up to £100,000 in your bond
You can withdraw your money online during the 14-day cancellation period. You can only transfer it to another Nationwide account. You cannot transfer to another provider.
Demo for withdrawing money in our app (opens in a new window)
Demo for withdrawing money in our internet bank (opens in a new window)
If you have more than £100,000 in your bond
To withdraw more than £100,000, visit a Nationwide branch. Remember to bring ID as well as any account cards and certificates.
Child Trust Funds
For more information about your Child Trust Fund, visit our Child Trust Funds support page.
How do these accounts work?
- You cannot withdraw money from a Child Trust Fund until the child’s 18th birthday. Only the child will have access to the money at that time.
- Even if you pay money into the account by error, you cannot withdraw it.
- We will only close a Child Trust Fund in extreme circumstances, such as terminal illness or in the event of death.
- When the child turns 18, any savings in the Child Trust Fund will be moved into a CTF Maturity ISA.
How do you withdraw money?
- Once the Child Trust Fund has matured into a CTF Maturity ISA, you will need to call a Nationwide branch. This is so we can let you know the next steps and whether you need to visit a branch.
- If you need to visit us, make sure you bring your National Insurance number and some ID, like a passport or driving licence.
- You can do this anytime from the day you turn 18.
- You just need to let a member of our team know that your Child Trust Fund has matured. We will take care of the rest.
Can’t find your savings account?
We do our best to keep this page up to date but if we have missed your account, we are sorry.
You can find out how to withdraw money from all of our savings accounts in your terms and conditions.
Troubleshooting
These are some common issues you might have when withdrawing money from a savings account.
What is a nominated account?
A nominated account is an account you are named on that you set up to receive withdrawals from your Nationwide savings account.
It can be either:
- a Nationwide current account
- a Nationwide savings account
- a UK current account with another provider that accepts Faster Payments
For joint savings accounts, the nominated account can either be in one or both account holders’ names. You can only have one nominated account per savings account.
How do you find out what your nominated account is?
The easiest way to find out your nominated account is through online banking:
- Log into our internet bank.
- Use the dropdown list next to your savings account to select Manage my nominated account.
- Select Go.
This will tell you if you have a nominated account and which account it is.
We have a step-by-step demo showing how to do this if you need help.
You can also ask us in any Nationwide branch.
What happens if I switch or close my nominated account?
You can update your nominated account through online banking.
Follow the same steps for finding out what your nominated account is.
You can also ask us to update your nominated account in any Nationwide branch.
This can sometimes happen when you have never moved money to your nominated account using our internet bank.
Sending a payment through our internet bank first can help authenticate the nominated account.
Try logging into our internet bank and completing a ‘Quick transfer’ to your nominated account. You can find this in the left-hand sidebar after logging in. View our step-by-step demo on nominated accounts for support with quick transfers.
For all future withdrawals to your nominated account, you should be able to use our app.
If you are sure you want to close your account, follow our steps for how to close a savings account.
For fixed rate accounts, you might not be able to close your account early or might have to pay an early access charge.
Check your account’s terms and conditions before deciding what to do.
A fixed rate savings account is designed to give you the security of knowing your interest rate will not change. You agree to lock your money away for a certain term, for example 1 year, and in return you know how much interest you will earn.
If your fixed rate account has not yet matured
Usually, you cannot withdraw money from a fixed rate savings account until it matures. This happens at the end of the term. Sometimes, you can withdraw the money early if you close the account and pay an early access charge.
Check your account’s terms and conditions before deciding what to do. You can then visit our page on how to close a savings account.
If your fixed rate account has already matured
If your account has already matured, we will have contacted you about this either by email or post.
You can now visit our pages on ISA maturity or bond maturity to tell us what to do with your money.
We accept most forms of ID, such as a driving licence or passport. If you have a cash card with your savings account, we can also accept this as ID.
If you want to withdraw more than £500, we will go through some security questions with you. Withdrawals over £500 are subject to the funds being available in your branch.
If you are looking to take out cash, we recommend giving your branch at least 1 full working day’s notice (Saturday is not a working day). They may need to order in the cash ready for your withdrawal.
Close your savings account
We would love to have you continue saving with us. You can compare our savings accounts and ISAs to find the best savings for you.
If you are sure you want to take all the money out of your account and close it, learn how to close a savings account.