Nationwide Building Society
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General

Gross Interest Rate2.71% including bonus of 1.21% gross for 12 months

1 withdrawal allowed per year
AER2.75% including bonus

Opening

Method of opening accountInternet
Minimum age of account holder16
Minimum deposit£1,000
Maximum deposit£5,000,000
Contact details for opening0845 730 2010
Go to Nationwide Website
Contact local branch

Ongoing

Frequency interest paidMonthly
Interest fixed untilVariable
Details of any bonus rates1.21% gross for 12 months
Minimum ongoing balance£1
Compound interest or paid into separate accountPaid to bank account

Closing/Accessing funds

Withdrawals allowedOne free withdrawal each year but with the flexibility to make more. Unlimited further withdrawals are permitted subject to loss of bonus and a lower rate of interest in the month of withdrawal or closure.
How withdrawals are madeVia a nominated account
Early access penaltiesSee above
Notice requiredN/A

Instant Access

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