Nationwide bringing in unwelcome change for customers from February 10(Image: )
Nationwide is set to adjust savings rates, the UK’s largest building society has said. The world’s biggest mutual, which has Birmingham branches, will make the move in response to the Bank of England Bank Rate decrease of 0.25% on 18 December 2025.
From 10 February it will lower some rates by between 0.10% – 0.25% on specific savings products. The majority of products will reduce by less than the change in the Bank Rate.
In addition to this, Nationwide will increase the rate on its five-year Fixed Rate Bond and ISA to 4%. The unwelcome move means some customers will be worse off.
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13 Nationwide accounts and products affected
Account type – previous rate – new rate – difference
Help to Buy ISA – 2.5% – 2.25% – minus 0.25%
Continue to Save – 1.75% – 1.5% – minus 0.25%
Child Trust Fund / Smart Junior ISA/ CTF Maturity ISA / Smart Junior ISA Maturity – 3.05% – 2.8% – minus 0.25%
Branch Future Saver/ Future Saver / Children’s Future Saver – 3.05% – 2.8% – minus 0.25%
One Year Triple Access Online Saver / ISA – 3.5% – 3.3% – minus 0.2%
Branch Triple Access/ Triple Access Saver / ISA – 1.55% – 1.3% – minus 0.25%
Reward Single Access ISA / Single Access ISA / Single Access Saver/ Branch Single Access/ Branch Single Access ISA – 3.05% – 2.8% – minus 0.25%
Branch Limited Access/ Limited Access Saver, Limited Access Online Saver, e-Savings Plus – 1.5% – 1.25% – minus 0.25%
Flex Instant Saver – Issues 2, 3, 4, 5, 6 – 2.5% – 2.3% – minus 0.2%
Branch Reward Saver/ Branch Reward ISA/ Reward Saver / Reward ISA – 3% – 2.75% – minus 0.25%
Branch Instant Access Maturity/ Instant Access Saver – Issue 10 and 15 – 1.45% – 1.25% – minus 0.2%
Branch Flex Saver/ Branch Flex ISA/ Flex Saver / Flex ISA – 1.25%-1.45% – 1.15%-1.25% – minus 0.2%
Branch Easy Access/ Instant Access – 1.1%-1.35% – 1.10%-1.20% – minus 0.15%