This is who’s eligible for the money
Nationwide is the world’s largest constructing society (Picture: tupungato by way of Getty Pictures)
Nationwide has stated it’s ‘delighted’ to have the ability to provide sure members the chance to obtain as much as £631 without cost.
This week, the world’s largest constructing society has despatched emails to a lot of its clients, outlining an unique deal – out there solely to those that financial institution with Nationwide.
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A part of the correspondence reads: “As a Nationwide member, we’re delighted to have the ability to give you our greatest out there fastened financial savings charge. Earn 5% AER/gross a yr (fastened) for 15 months on balances as much as £10,000 with our Member Unique Bond.”
Additional particulars on the Nationwide web site make clear that those that open this account can lock away as much as £10,000 for 15 months.
Funds can solely be deposited inside the first 14 days of opening the bond, and the account might be held both solely or collectively.
As soon as the bond has been opened, no withdrawals will probably be permitted till the total 15-month interval has elapsed.
Nevertheless Nationwide confirms that by leaving your cash untouched for this period, you stand to earn a free £63.13 for each £1,000 saved – or £631.30 in the event you deposit the utmost £10,000.
Nationwide added: “On the finish of the 15 month time period, we’ll transfer your cash to an prompt entry financial savings account. We are going to let you understand earlier than this occurs and what your rate of interest will probably be.”
To qualify for the account, you should be a UK resident aged 16 or over and have been a Nationwide member on Might 20, 2026, remaining a member on the time of opening the bond.
Membership applies to anybody holding a mortgage, financial savings account, or private present account with both Nationwide or Virgin Cash.
Additionally, you will should be registered for Nationwide web banking and maintain a sound e-mail handle.
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