Member Exclusive Online Bond

Interest is calculated daily on funds once they have been paid into the Member Exclusive Online Bond 2026 during the funding window.

We’ll pay the interest on the anniversary of the date you opened your account (regardless of when the account was funded), at the end of the term, and on the day your account closes.

No. The interest rate is fixed, so we can't change it during the term.

If you fund your account on the date of opening:

If you fund your account 14 days after opening:

The table above shows what a future balance might look like. It assumes that you keep your account and the money in it until the end of the term.

You can:

• have up to two joint account holders – the requirements above would apply to both account holders.
• open the account with a minimum of £1 up to a maximum of £10,000.
• only have one Member Exclusive Online Bond 2026 or one Member Exclusive Branch Bond 2026 at any time. This applies whether you hold the account in your sole name or jointly with someone else.

You cannot:

• open this account in trust for the benefit of another person.
• open this account in the name of your business, or use it for business purposes.

Please note: You have 14 days to pay money into your account from the date it’s opened. Just so you know, when you pay in from another bank or building society, it may take up to 24 hours from opening the account before they can find your new account details.

Interest will only start to be paid from the day we receive funds into the account, so it’s a good idea to pay money into the account as soon as you can. For example, if you don’t pay money into your account until day 14, in the first year you’ll only get interest for 351 days, rather than 365 days.

You can open an account on our internet bank or banking app (if registered).

If you’re not registered, you can open an account on nationwide.co.uk (the account can only be opened in your sole name).

• Using our banking app or the internet bank.
• Re-investment is only possible via our internet bank.

There is a 14-day cancellation period, which starts the day after the account has been opened, where you will be able to cancel your Member Exclusive Online Bond 2026 and your money will be returned to you.

Once the cancellation period has ended, you can’t take out any money during the fixed term.

At the end of the term, your Member Exclusive Online Bond 2026 will mature into an instant access savings account.

We’ll contact you before your Member Exclusive Online Bond 2026 matures with more information.

• AER: Stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
• Gross a year is the interest rate without tax deducted.
• Funding window is 14 days from the day that the account is opened, which you will be able to add money into the account.

The treatment of your account for tax purposes will depend on your individual circumstances and you may need to pay tax on any interest that exceeds your Personal Savings Allowance. For more information please visit HM Revenue & Customs' (HMRC) website hmrc.gov.uk (opens in a new window). The tax information provided is based on our understanding of current law and HMRC practice, both of which may change.

Nationwide has a legal obligation to report interest to HMRC in the tax year that it is paid into your account, which may differ to the tax year in which the interest is deemed to arise and is taxable.

The interest rates and information in this summary box came into effect on 21 May 2026.