£125 switch incentive & linked saver
Raisin UK makes it easier to apply for deposit protected savings accounts. Our savings service connects you with a range of banks and includes exclusive savings accounts and rates; all curated to help you earn more from your savings:
Nationwide uses the money deposited by savers to help members get mortgages.
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 options.
An individual savings account (ISA) lets you earn interest tax-free, although there is a limit on how much you can put into an ISA each year. The various cash ISAs on offer from Nationwide are explained below.
Help to buy ISA
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.
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:
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 as a child then you’ll need to provide your passport or birth certificate along with proof of where you live.
Yes, it offers both. Here are some of the basic features:
With many types of saving account available, we look at what each one entails and which option could be the best for you.
You’ll need an adult co-signer and proof of ID to open an account. And you may need to pay taxes. Learn what to look for and how to get started.
With such a large number of savings accounts available in the UK now, we explain how we decide our top picks.
Where in the UK can you make the most and spend the least?
We have researched the average interest rates to show how much interest you are making by keeping your cash in a savings account.
At least 10.5 million Brits (20%) have moved back in with their parents due to the COVID-19 pandemic.
How much are we saving by not hitting the old watering hole after work hours? Use Finder’s calculator to see how much you’re saving.
How much are Brits saving because of the coronavirus lockdown?
The building society says it’s encouraging saving habits with the potential reward of a cash prize.
29 February (2020’s leap year day) may fly under the radar for a lot of people, but research from Finder has found that Brits on a full-time salary are losing an average of £151.40 because of it.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.