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 Fixed Term e-Bond Maturity and e-Bond Maturity. If there is a conflict between the general conditions and these Fixed Term e-Bond Maturity and e-Bond Maturity conditions, the Fixed Term e-Bond Maturity and e-Bond Maturity conditions will take priority.

Account holding and ownership

  1. The minimum balance on the account is £1
  2. The maximum balance on the account is £5 million


  1. Interest is calculated daily and paid annually on the anniversary of the account opening, and on closure
  2. Interest can be paid into the account or paid directly to a Nationwide current or savings account (subject to the terms and conditions of the 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

Taking money out

  1. You can withdraw or transfer any available funds in the account or close the account without notice or loss of interest
  2. Part withdrawals are only permitted online and funds must be transferred to a Nationwide current account held by at least one of the account holder(s). If you want to withdraw funds from the account in a branch, the account must be closed or all of the funds in the account transferred to another account
  3. Cheque, cash, Standing Order, Direct Debit, CHAPS and overseas electronic payments withdrawals cannot be made directly from the account