Fixed RateCompare 5 Year Fixed Rate Bonds

Nationwide 5 Year Fixed Rate Bond Review

A five-year fixed rate bond from Nationwide. It ranks 25th of 39 five-year fixed rate bonds we track.

Fixed rate · 5 years

4.65%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 25th of 39

5-year fixed bonds we track

Below average
This account 4.65%
UK CPI (Aug 2026)
3.10%
Pays 1.55% more
Average 5-year fixed
4.79%
Pays 0.14% less
Best 5-year fixed
5.37%
Pays 0.72% less

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

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Pros and cons

  • Pro: New and existing savers
  • Con: Your money is locked in for 5 years

Good to Know

No withdrawals are permitted once the 14-day cancellation period ends.

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 5 Year Fixed Rate Bond.

Estimated interest

£1,000 saved

£255

At 4.65% AER

£5,000 saved

£1,276

At 4.65% AER

£10,000 saved

£2,552

At 4.65% AER

£5,000,000 saved

£1,275,758

At 4.65% AER

Estimated over the 60-month term, 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 5 Year Fixed Rate Bond

Jan WatermannCo-Founder, DepositScout

Nationwide's 5 Year Fixed Rate Bond pays 4.65%, which beats August 2026 CPI of 3.1% by 1.55%, so your money does grow in real terms over the five-year lock-in. That said, 4.65% sits below the market average for fixed-rate bonds, and the best rate across that category is 5.37%, leaving this account 0.72% behind. If you want to stay with a five-year term but improve the return, Hampshire Trust Bank's 5 Year Online Fixed Saver is on the alternatives list at 5.05%. The key catch here is straightforward: no access until maturity, so only commit money you genuinely will not need.

Compare Fixed Rate Bonds

2 alternatives to Nationwide's 5 Year Fixed Rate Bond

Same type of account, closest on rate.

Common questions about the 5 Year Fixed Rate Bond

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