Protection
FSCS£120,000
Min balance
£0
Max balance
£5,000,000
Access
Instant
Interest paid
Annually
Nationwide is also paying £175 to switch your current account.
Rate Tiers
£1 – £9,999
1.10%AER
£10,000 – £49,999
1.15%AER
£50,000+
1.20%AER
How It Stacks Up
Ranks 131st of 152
Easy access accounts we track
This account 1.10%
- UK CPI (Aug 2026)
- 3.10%
- Pays 2.00% less
- Average easy access
- 2.83%
- Pays 1.73% less
- Best easy access
- 5.00%
- Pays 3.90% less
Inflation: ONS. Averages and best rates: accounts on DepositScout.
A better-paying alternative
Tembo
HomeSaver
4.55%
AER
- Pays 3.45% more than this Nationwide account
- Instant access, open with £10
We may earn a commission if you open this account.
A Good Fit For
- Pro: New and existing savers
- Pro: Savers who want instant access
Worth Weighing Up
- Con: The rate is variable, so it can go down
Good to Know
Open to UK residents aged 16 or over as a sole or joint account; cannot be opened in trust.
Please verify all details with the provider – see our Disclaimer
See all Nationwide accounts
