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 Instant Access Saver. If there is a conflict between the Savings General terms and conditions and these Instant Access Saver conditions, the Instant Access Saver conditions will take priority.

Account Holding and Ownership

  1. You must be aged 16 or over to hold the account
  2. The account can have a maximum of two joint account holders
  3. The minimum balance on the account is £1
  4. The maximum balance on the account is £5 million
  5. Nationwide reserves the right to limit the number of Instant Access Saver accounts you can have


  1. Interest is calculated daily and paid annually on 31 December and on closure
  2. Interest can be paid either into the account, 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

Operating the account

  1. You can withdraw any available funds in the account without notice or loss of interest
  2. Any card issued for use with this account can only be used in a Nationwide cash machine


  1. For card accounts, statements will be sent to you quarterly if you make a transaction