Nationwide savings account rates compared

Nationwide Building Society offers a broad range of savings accounts with interest rates up to 6.5%.

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Nationwide Building Society

Nationwide is the word's largest building society and one of the UK's largest savings providers. It's recently made moves to takeover Virgin Money. It offers a broad range of savings accounts, so whether you're looking to save your money for a rainy day, or you're willing to let your money mature over a longer period of time, Nationwide has several options. Nationwide Building Society's top savings rate of 6.5% is available on one of its regular savings accounts.

Easy access savings accounts

Table: sorted by interest rate
Nationwide Building Society's best easy access rate of 4.1% is significantly lower than today's market-best rate of 7.29%.
1 - 5 of 6
Name Product UKFSA-SAV Account type Withdrawals Min. opening balance Rate Deposit protection Open via Incentive Apply link
Nationwide BS – 1 Year Triple Access Online ISA 15
Cash ISA
Instant access
£1
4.1% AER variable
FSCS logo
protected
Open via: website, mobile app
Go to site
View details
Nationwide BS – 1 Year Triple Access Online Saver 16
Variable
Instant access
£0
4.1% AER variable
FSCS logo
protected
Open via: website, mobile app
Go to site
View details
Nationwide BS – Flex Instant Saver
Variable
Instant access
£1
3.25% AER variable
FSCS logo
protected
Open via: website, mobile app
Go to site
View details
Nationwide BS – Instant Access Saver Issue 11
Variable
Instant access
£1
2.25% AER variable (on first £9,999)
FSCS logo
protected
Open via: branch, website, mobile app
Go to site
View details
Nationwide BS – 1 Year Triple Access Online ISA 15
Cash ISA
Instant access
£1
2% AER variable
FSCS logo
protected
Open via: website, mobile app
Go to site
View details
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Cash ISAs

Table: sorted by interest rate
Nationwide Building Society's best cash ISA rate of 4.1% is lower than today's market-best rate of 5.17%.
1 - 3 of 3
Name Product UKFSA-SAV Rate Minimum investment Interest paid Withdrawals Deposit protection Open via Incentive Table product description Apply link
Nationwide BS – 1 Year Triple Access Online ISA 15
4.1% AER variable
£1
Anniversary of account opening
Instant access
FSCS logo
protected
Open via: website, mobile app
Go to site
View details
Nationwide BS – 1 Year Fixed Rate Cash ISA
4.1% AER fixed for 1 year
£1
Anniversary of account opening
Withdrawals not permitted
FSCS logo
protected
Open via: branch, website, mobile app
Go to site
View details
Nationwide BS – 1 Year Triple Access Online ISA 15
2% AER variable
£1
Anniversary of account opening
Instant access
FSCS logo
protected
Open via: website, mobile app
Go to site
View details
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Fixed-rate bonds

Table: sorted by interest rate
Nationwide Building Society's best fixed-rate bond rate of 4% is slightly lower than today's market-best rate of 4.8%.
1 - 2 of 2
Name Product UKFSA-SAV Rate Invest Interest paid Withdrawals Open via Deposit protection Open via Incentive Table product description Apply link
Nationwide BS – 1 Year Fixed Rate Branch Bond
4% AER fixed for 1 year
£1 - £5,000,000
Anniversary of account opening
Withdrawals not permitted
Branch
FSCS logo
protected
Open via: branch
Go to site
View details
Nationwide BS – 1 Year Fixed Rate Online Bond
4% AER fixed for 1 year
£1 - £5,000,000
Anniversary of account opening
Withdrawals not permitted
Website, mobile app
FSCS logo
protected
Open via: website, mobile app
Go to site
View details
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Regular savings accounts

Table: sorted by interest rate
Nationwide Building Society's best regular savings account rate of 6.5% is slightly lower than today's market-best rate of 8%.
Name Product UKFSA-SAV AER Save Withdrawal notice Interest paid Deposit protection Open via Incentive Table product description Apply link
Nationwide BS – Flex Regular Saver Issue 3
6.5% variable
£0 to £200 per month
None
Anniversary of account opening
FSCS logo
protected
Open via: website, mobile app
Go to site
View details
Nationwide BS – Flex Regular Saver Issue 3
2.15% variable
£0 to £200 per month
None
Anniversary of account opening
FSCS logo
protected
Open via: website, mobile app
Go to site
View details
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What is Nationwide Building Society's best savings account with the highest interest rate?

The best savings account depends on what you want from your savings. If you're after fast access to your money, then an easy-access account should suit you. However, if you're happy to lock your money away for a time to access a higher rate, then a fixed-rate bond is a good option.

Finally, if you're looking to maximise your returns and shield them from income tax, consider an ISA. Below, we've listed the different types of accounts Nationwide Building Society offers, plus the highest interest rate currently available.

Savings account types include Easy access, cash ISAs, fixed-rate bonds, regular savers
Best easy access rate 4.1%
Best cash ISA rate 4.1%
Best fixed-rate bond rate 4%
Best regular saver rate 6.5%
Fixed bond terms 1 year
Opening options Branch, website, mobile app
FSCS protection

Didn’t find the account type you were looking for? Check our other guides:

What is a building society?

A building society is a financial institution owned by its members. Whereas banks are normally listed on the stock market and run for their shareholders, building societies aren’t.

Because they don’t have shareholders to pay, building societies have historically claimed to offer better interest and cheaper mortgage rates than banks offer.

How to set up a Nationwide savings account

This depends on whether or not you’re already registered with Nationwide. Current members can open an account online, and may be able to do so without showing any proof of identity. Nationwide will let current customers know if they need physical proof.

New customers will have to go into a branch and will need to bring UK photo identification – either a passport or driving licence – plus proof of name and proof of address. Examples include:

  • A bank statement from within the past 3 months
  • A valid full UK or EEA passport
  • A benefits letter from the last year
  • A valid student ID from a UK university
  • UK gas or electricity bill (less than 3 months)
  • UK phone bill (not mobile, less than 3 months)
  • A benefits letter from the last year (last 12 months)

There’s a full list of eligible documents, which explains those that are specifically for name or address, on the Nationwide website. If you’re setting up a savings account for a child then you’ll need to provide their passport or birth certificate along with proof of where they live.

Does Nationwide offer online or mobile banking?

Yes, it offers both. Here are some of the basic features:

Online banking

  • Check balances. For any type of account.
  • Transfer money between accounts. In a matter of seconds.
  • Pay bills and people. All within the online portal.

Mobile banking

  • All of those features. On the go.
  • Secure login. Log in to your account by simply using your fingerprint.
  • Filter and compare. View up to 15 months’ transactions and compare your income and expenses.

Customer service information for Nationwide

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Nationwide customer reviews

In our independent 2024 customer satisfaction survey, 94% of Nationwide’s users said they’d recommend the brand to a friend. Customers highlighted the bank’s excellent customer service and competitive rates. Here’s what some of those Nationwide customers had to say:

“Nationwide are very helpful and deal with any problems that may occur quickly and efficiently. I know my money is safe and I can always rely on their customer service.”

“I feel they offer a great interest rate. They also have a good app where I can keep an eye on my savings.”

The Nationwide app has a rating of 4.8 out of 5 from more than 600,000 reviews on the App Store. On Google Play, the app fares slightly worse, with a score of 3.9 from around 110,000 Android app users (May 2024).

Our verdict

Nationwide’s broad range of savings accounts means that it should be easy to find one to suit you, whether you need instant access to your money or you’re happy to lock it away for a fixed period of time. Sadly, it has reduced its range of cash ISAs, so you may need to look more widely to find one that suits.

Because it’s owned by its members and doesn’t need to pay any shareholders, there’s a chance that a Nationwide savings account might get you better interest and cheaper mortgage rates than banks – but be sure to check our other savings accounts reviews to find the best deal for you.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
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To make sure you get accurate and helpful information, this guide has been edited by Liz Edwards as part of our fact-checking process.
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Matthew Boyle is a banking and mortgages publisher at Finder. He has a 7-year history of publishing helpful guides to assist consumers in making better decisions. In his spare time, you will find him walking in the Norfolk countryside admiring the local wildlife. See full bio

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Matthew has written 284 Finder guides across topics including:
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4 Responses

    Default Gravatar
    NormaFebruary 22, 2019

    My wife is a pensioner who is looking for a savings account that pays a good interest rate. She is thinking of putting in about £10000 pounds. She doesn’t mind tying up her money for 2 or 3 years.

      AvatarFinder
      JoshuaFebruary 24, 2019Finder

      Hi Norma,

      Thanks for getting in touch with Finder. I hope all is well with you. :)

      One of your options would be Nationwide Saving Accounts. If after checking its features and you could see that it’s the right account for you, then you can directly get in touch with them to start your application.

      Moreover, you can also check other options here. On that page, you will see a table that allows you to conveniently compare savings accounts based on account type, interest rate, and protection scheme, to name a few. Once you found the right one for you, click on the “Go to site” green button to learn more or initiate your application.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

    Default Gravatar
    ManideepaDecember 27, 2018

    Does Nationwide Bank accept other form of photo ID apart from the standard items?

      AvatarFinder
      CharisseDecember 28, 2018Finder

      Hi Manideepa,

      Thanks for reaching out to finder.

      Nationwide only has two acceptable UK photo IDs on their list- a valid full UK passport and a valid full UK photocard driving licence. However, if you cannot produce any of the documents on their list, you can contact your local branch as there may be other forms of identification they can take.

      I hope this helps.

      Cheers,
      Charisse

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