IMPORTANT: Our Savings General Terms and Conditions and the terms and conditions that apply specifically to this product are changing. The changes will apply from 1 May 2018. Please follow the relevant terms and conditions links on this page to see a summary of the changes.

In addition to the Savings General Terms and Conditions, the following conditions apply to Direct Easy Access 4. If there is a conflict between the general conditions and these Direct Easy Access 4 conditions, the Direct Easy Access 4 conditions will take priority.

Account holding and ownership

  1. The account can have a maximum of four joint account holders
  2. The minimum balance on the account is £1.
  3. The maximum balance on the account is £5 million.


  1. Interest is paid within 4 working days following the end of the Account Month. By ‘The Account Month’ we mean the period from the day your Direct Easy Access 4 account opened to the end of the day before in the following month. If the end of the Account Month falls after the 28th of the Month then your payment may be processed early.
  2. Interest can be paid either into the account, a Nationwide current or savings account (subject to the terms and conditions of that receiving account), or a current account with another bank or building society.
  3. We will calculate interest on each whole pound in the account.
  4. The interest rate payable on the account is variable and payable on the balance of your account.

Operating the account

  1. You can withdraw any available funds in the account without notice or loss of interest.
  2. You can make payments into your account from any Nationwide account you hold via the Internet Bank subject to the terms and conditions of the account. You will also be able to make electronic payments to your Direct Easy Access 4 from a UK bank account.
  3. Withdrawals can be made to any of your Nationwide accounts subject to terms & conditions of the account and to your nominated account by logging into the Internet Bank. Your nominated account must be a UK account on which you are named as an account holder.