Fixed Rate

Nationwide 1 Year Fixed Rate Online Bond Review

A one-year fixed rate bond from Nationwide. It ranks 29th of 69 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 29th of 69

1-year fixed bonds we track

Just above average
This account 4.50%
UK CPI (Aug 2026)
3.10%
Pays 1.40% more
Average 1-year fixed
4.47%
About the same
Best 1-year fixed
5.12%
Pays 0.62% 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 Online 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 Online Bond

Jonny PeaseCo-Founder, DepositScout

Nationwide's 1 Year Fixed Rate Online Bond pays 4.50%, which does beat August 2026 CPI of 3.1% by 1.40%, so your money grows in real terms, but the rate sits below the market average for fixed-rate bonds and is 0.85% behind the category leader at 5.35%. For anyone who wants the reassurance of a big high-street name, that comfort comes at a cost. If rate is the priority, OakNorth Bank's Fixed Term 12 Months pays 4.96% for the same one-year term, and the real catch here is that no access is permitted until maturity.

Compare Fixed Rate Bonds

2 alternatives to Nationwide's 1 Year Fixed Rate Online Bond

Same type of account, closest on rate.

Common questions about the 1 Year Fixed Rate Online Bond

D

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Easy Access rate just dropped

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Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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