Nationwide offers a variety of savings accounts with different interest rates and features. The best savings account for you will depend on your specific needs and preferences. Here are some of the savings accounts offered by Nationwide:
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Flex Regular Saver: This account offers a high interest rate of 8.00% AER/gross a year (variable) for 12 months, but you can only save up to £200 a month and you must be a Nationwide current account holder.
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1 Year Fixed Rate ISA: This account offers a fixed interest rate of 5.20% AER/gross a year (variable) for 1 year and is designed for all savers.
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1 Year Triple Access Online Saver: This account offers a variable interest rate of 4.25% AER/gross a year (variable) and allows up to 3 withdrawals without losing interest. It is designed for all savers.
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Flex Instant Saver: This account offers a variable interest rate of 3.25% AER/gross a year (variable) for 12 months and unlimited access to your savings. It is only available for Nationwide current account holders.
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Nationwide My Savings: This account offers a variable interest rate of 0.30% AER/gross a year (variable) and is designed for all savers. You can make up to 6 withdrawals per calendar year without losing interest.
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Nationwide Money Market Plus: This account offers a variable interest rate of 0.25% AER/gross a year (variable) and is designed for all savers. You can earn up to 0.25% APY and receive up to $10.00 Domestic ATM Fees Reimbursed per month.
Its also worth noting that there are other banks and financial institutions that offer high-yield savings accounts with competitive interest rates. For example, Investopedia lists some of the best high-yield savings account rates for November 2023, with rates up to 5.40% APY. Business Insider also provides a list of top options for savings accounts, with rates up to 6.17% APY.