Overview
- Nationwide confirmed interest reductions of about 0.15 to 0.25 percentage points across 37 savings products effective 10 February 2026, covering regular, children’s, limited access and instant access accounts.
- Flex Regular Saver, FlexOne Saver and Start to Save remain unchanged, while the five‑year Fixed Rate Bond and ISA rise to 4% for customers willing to lock in for longer.
- Money experts urge customers to compare rates, with an average saver of roughly £19,214 potentially earning about £624 more a year by moving to a market leader such as Chase.
- Example impacts include the Flex Instant Saver falling from 2.50% to 2.30%, which would cut annual interest by just over £38 for an average‑balance saver.
- Nationwide has extended its Branch Promise to 2030 to keep all 605 of its branches and 95 former Virgin Money sites open, as regulators review leverage rules that the sector says could release around £30 billion for lending if reformed.