Fixed RateCompare 1 Year Fixed Rate Bonds

Nationwide 1 Year Fixed Rate Bond Review

A one-year fixed rate bond from Nationwide. It ranks 39th of 77 one-year fixed rate bonds we track.

Fixed rate · 1 year

4.50%AER

Rate checked Oct 2026Got this account? Leave a review

Protection

FSCS£120,000

Min balance

£1

Max balance

£5,000,000

Access

At maturity only

Interest paid

Annually

Nationwide is also paying £175 to switch your current account.

See the switch offer

How It Stacks Up

Ranks 39th of 77

1-year fixed bonds we track

Just below average
This account 4.50%
UK CPI (Aug 2026)
3.10%
Pays 1.40% more
Average 1-year fixed
4.56%
Pays 0.06% less
Best 1-year fixed
5.15%
Pays 0.65% less

Inflation: ONS. Averages and best rates: accounts on DepositScout.

Compare fixed bonds

Pros and cons

  • Pro: New and existing savers
  • Con: Your money is locked in for 1 year

Good to Know

No withdrawals are permitted during the fixed term (after the 14-day cancellation window).

Please verify all details with the provider – see our Disclaimer

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Estimated returns with Nationwide's Fixed Rate

What you could earn with Nationwide's 1 Year Fixed Rate Bond.

Estimated interest

£1,000 saved

£45.00

At 4.5% AER

£5,000 saved

£225

At 4.5% AER

£10,000 saved

£450

At 4.5% AER

£5,000,000 saved

£225,000

At 4.5% AER

Estimated over one year, if the rate stays the same and interest is left in. Amounts outside the account's minimum or maximum aren't shown.

Work out the tax on your interestSee how much of this interest could be taxed.

Our Expert Opinion on Nationwide 1 Year Fixed Rate Bond

Jonny PeaseCo-Founder, DepositScout

Nationwide's 1 Year Fixed Rate Bond pays 4.50%, which beats August 2026 CPI of 3.1% by 1.40%, so your money does grow in real terms. That said, the rate sits below the market average for fixed-rate bonds, and the market leader across that category pays 5.37%, leaving Nationwide 0.87% behind. If you want to stay with a one-year fix, OakNorth Bank's Fixed Term 12 Months offers 4.82% as a closer alternative worth considering. The main catch here is the usual one for fixed bonds: no access at all until maturity, so only commit money you can leave untouched for the full year.

Compare Fixed Rate Bonds

2 alternatives to Nationwide's 1 Year Fixed Rate Bond

Same type of account, closest on rate.

Common questions about the 1 Year Fixed Rate Bond

D

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