Nottingham Building Society savings rates — compare every account, plus switch offers and guides

Who they are

Nottingham Building Society was founded in 1849 by a group of local businessmen led by Samuel Fox, a Quaker with a strong community ethos. His original vision was to help people own their own home and to offer a safe and secure place for their savings - a mission the society still holds to today. As a mutual, it is owned by its members and has no shareholders, meaning profits can be passed back to members and communities. At December 2024, the society had total assets of more than £5 billion , and it ranks as the ninth largest building society in the UK. It operates a network of 30-plus branches and also runs Beehive Money, its app for managing savings digitally.

Savings accounts

Nottingham Building Society offers a wide spread of savings products, from easy access and fixed rate bonds through to a full ISA range. Those happy to lock money away can choose from one, two, three or five year fixed rate bonds, paying between 4.45% and 4.60% AER, with a minimum of £1. The fixed rate ISA range mirrors this, running from 4.40% AER at one year up to 4.55% AER over five years. If you want flexible access rather than a fixed term, the Annual Allowance ISA pays 4.00% AER with unlimited withdrawals, while the Bonus Access Saver and Bonus Access ISA both sit at 3.80% AER. The Regular Saver pays 4.25% AER and allows unlimited penalty-free withdrawals, which is a useful combination. There are also options for younger savers - the Junior ISA and Young Savers' Club both pay 3.75% AER.

The branch-based Flexible Easy Access ISA and Branch Flexible Saver pay 1.70% AER, so if you can manage your account online or by post, it is worth looking at the higher-rate alternatives first.

All accounts carry FSCS protection up to £120,000 per depositor - higher than the standard £85,000 limit, which reflects Nottingham Building Society holding its own distinct banking licence.

Is it right for you?

Nottingham Building Society suits savers who want a mutual they can trust, a genuine branch network to visit if needed, and a product range that covers most bases - from children's accounts and Lifetime ISAs through to multi-year fixed rate bonds. The society has achieved a Trustpilot rating of 4.9 out of 5, based on over 2,670 reviews in 2024 , which suggests members are genuinely happy with the service. There are no switch offers in the current data, so the draw here is straightforwardly about the savings rates and the mutual model rather than any short-term bonus.

As always with variable rate accounts, the rate you open with is not guaranteed to stay the same. Check the live figures on this page before you apply - they are updated regularly and reflect what Nottingham Building Society is actually paying right now.