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Nationwide to launch new Fixed Rate ISAs and increase rates

ended 31. March 2026

Nationwide Building Society is launching the following new fixed savings products with higher rates:

  • 1 Year Fixed Rate Cash ISA - 4.35% AER/Tax-free (fixed)
  • 2 Year Fixed Rate Cash ISA - 4.40% AER/Tax-free (fixed)
  • 3 Year Fixed Rate Cash ISA - 4.50% AER/Tax-free (fixed)
  • 5 Year Fixed Rate Cash ISA - 4.50% AER/Tax-free (fixed)
  • 1 Year Fixed Rate Online Bond - 4.00% AER/Gross a year (fixed)
  • 2 Year Fixed Rate Online Bond - 4.00% AER/ Gross a year (fixed)
  • 3 Year Fixed Rate Online Bond - 4.00% AER/ Gross a year (fixed)
  • 1 Year Fixed Rate Branch Bond - 4.00% AER/ Gross a year (fixed)
  • 2 Year Fixed Rate Branch Bond - 4.00% AER/ Gross a year (fixed)
  • 3 Year Fixed Rate Branch Bond - 4.00% AER/ Gross a year (fixed)

Richard Stocker, Head of Savings, said:
“We’re pleased to launch new higher rates across our ISA and Bond range with both short- and longer-term options. All ISAs and rates are available in branch by phone or online, as we know customers value choice in how they bank, which is why we’ve extended our Branch Promise. Customers can also make use of our in‑app budgeting tool to help them manage their money.”

  • What's your response to the raised savings rates?
  • Is this good news for savers?
  • Are these rates competitive?

Responses asap.

1 responses from the Newspage community

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Editor
Anita Wright
Chartered Financial Planner at Ribble Wealth Management
Raised savings rates are only good news in nominal terms. The real question is whether they compensate savers for the continuing erosion of money’s purchasing power. UK CPIH inflation was 3.2% in the year to February 2026, so any savings rate needs to be judged against that backdrop, not against the comfort of seeing a slightly larger percentage on a leaflet. Inflation is the silent confiscation of wealth, and a bank offering a little more interest does not change that reality unless the return leaves the saver with a meaningful gain in real terms after tax. The wider point is that savers should not mistake a nominally higher rate for genuine protection. Inflation remains the benchmark that matters. If the return on cash does not preserve purchasing power after tax, then the saver is still going backwards, only at a slightly slower pace.