Current Accounts Details Page

Market leading

This is the best rate for balances up to £2,500

To apply for this current account

Go to the Nationwide Building Society website

Go to site

Phone

Product review

Unusually for a current account, this account pays interest when you are in credit, and there is no monthly fee.

Is this account right for you?

To open this account

  • You must be aged 18 or over to apply
  • You or any other person you are applying with cannot currently be bankrupt or be in an Individual Voluntary Agreement (an IVA) with creditors
  • You must be a UK resident

Account features

Account benefits

Exclusive deals for main current account holders.

Considerations

Great for
In credit interest of 5% AER on balances from £1 to £2,500. Conditions apply
Dedicated switching service to personally manage your account opening
No monthly fee applies
But be aware that
Minimum monthly funding of £1,000
After 12 months the interest rate lowers to 1% AER

Interest rates

Balance Introductory Rate Follow on rate Gross AER*
£0 - £2500 5.00% 1.00% 5.00%
£2501 - no limit 0.00% 0.00% 0.00%
  • Any interest you earn will be tax-free up to your annual personal savings allowance.
  • Interest will be paid Monthly.
  • The Introductory rate is valid for 12 months.

Overdraft Rates and Charges

Overdraft Amount Fee Notes
£0.00 - £99,999.00 £0.50 / Daily
  • There are no fees on arranged overdrafts for the first 12 months (overdrafts are subject to approval)
Other Overdraft Charges Fee/Rate Notes
Unplanned Monthly Overdraft Charge £5.00 / Daily Charged for unarranged balances over £10 capped at £60 per month. For unarranged balances under £10 you will be charged 50p per day

Other Fees

Fee Notes
Foreign ATM Charge £1.00 / per item You will also be charged a non Sterling transaction fee of 2%
Foreign Purchase Fee 2.00% / per item
Paid Item Charge £5.00 / per item Paid and unpaid charges are capped at £35 per month
Returned Item Charge £5.00 / per item Paid and unpaid charges are capped at £35 per month

Operating and accessing your account

Operating your Account Making Withdrawals
Online -
Phone -
Branch
Post - -
Post Office -
SMS -
Mobile App -
ATM

Mobile App Features

Make transfers between accounts -
Check balances -
Make transfers to other people -
View transaction history -
View direct debits/standing orders -
Apply for new products -
Use app on multiple devices -
Branch finder -
Pay bills -
Setup payments, standing orders, or direct debits -
Make payments -
View mini statements -
Make payments to other people -
Use multiple devices -

Mobile App features may be limited. Please refer to providers site for more information.

Other details

  • This account has a Visa Debit card.
  • The currency for this account is Pound.

Market leading

This is the best rate for balances up to £2,500

To apply for this current account

Go to the Nationwide Building Society website

Go to site

Phone

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