Fixed Rate

Nationwide 5 Year Fixed Rate Online Bond Review

A five-year fixed rate bond from Nationwide. It ranks 22nd of 38 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 22nd of 38

5-year fixed bonds we track

Just below average
This account 4.65%
UK CPI (Aug 2026)
3.10%
Pays 1.55% more
Average 5-year fixed
4.74%
Pays 0.09% less
Best 5-year fixed
5.35%
Pays 0.70% 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 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 Online 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 Online Bond

Jan WatermannCo-Founder, DepositScout

Nationwide's 5 Year Fixed Rate Online 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 term. That said, the rate sits below the market average for fixed-rate accounts, and the best rate in that category is 5.35%, leaving this 0.70% behind. If you want to stay with a five-year fix, Chetwood Bank's 5 Year Fixed Rate Savings is available at 5.20%. The bigger catch here is the usual one for fixed bonds: no access at all until maturity, so only commit money you genuinely will not need.

Compare Fixed Rate Bonds

2 alternatives to Nationwide's 5 Year Fixed Rate Online Bond

Same type of account, closest on rate.

Common questions about the 5 Year Fixed Rate Online Bond

D

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Nationwide FlexSaver Rate Down
4.20% AER
4.75%
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