Nationwide Offshore Savings Accounts

Nationwide is a UK based building society, and is the largest building society in the world.  Like many other UK banks and building societies, Nationwide have an offshore subsidiary, Nationwide International.

 

Nationwide offer several different types of offshore savings account.  Among these are the following types of account:

  • Instant Access Savings Account
  • 60 Day Notice Savings Account
  • US Dollar/Euro Savings Account

 

More details regarding the features of these accounts can be found below.

 

Before opening a Nationwide offshore savings account, it is always advisable for customers to compare offers from several different providers in order to find the best possible offshore savings available deal.  Our offshore savings account comparison tables below contain details of a number of these:

ProviderAccountGross Rate AERTermCurrencyMore Info
   More Info >

* GROSS RATE – The contractual rate of interest payable before deduction of income tax at the rate specified by law.

** AER RATE – AER stands for Annual Equivalent Rate and is the notional rate which illustrates the gross rate as if it was paid and compounded once each year. As every advertisement for a savings product will contain an AER you can compare more easily what return you can expect from your savings over time.

Instant Access savings account (Sterling)

  • Minimum investment £1
  • Option to choose whether to receive interest upon closure or on a monthly basis
  • Make withdrawals without penalty

60 Day Notice savings account (Sterling)

  • Minimum initial deposit £1; no minimum amount for subsequent deposits or withdrawals
  • One withdrawal of up to £10,000 permitted yearly without penalty
  • Option to receive interest upon closure or each month, depending on your needs.

US Dollar/Euro Savings account

  • Interest paid gross
  • Instant access
  • Option to defer interest payments to account closure
  • Minimum investment $1,000/€1,000
  • Tiered interest rates depending on size of investment

 

There are many other Nationwide offshore savings accounts available, with some of these being available for a limited period, so you may wish to familiarise yourself with some of these before deciding to open an account.  

Instant Access Savings Accounts Deals
ProviderAccountInterest Rate (AER)TermApply
1.30%Instant AccessMore Info >
MARKET LEADING. Earn 1.30% gross/AER. Instant Access. No notice periods. Unlimited payments and withdrawals. Pay in from £100. RCI Bank are protected up to a total of €100,000 by the FGDR, the French deposit protection scheme. Manage account online.

1.17%

£1More Info >
Earn 1.17% AER variable interest. Interest can be paid monthly or annually. Open an account singly or jointly. Minimum deposit £1. Unlimited deposits and withdrawals permitted. FSCS Protected
1.00%Easy AccessMore Info >
1.00% gross/AER on balances from £1,000 to £1 million. Unlimited withdrawals without restriction or loss of interest.

Gross is the interest you will receive before tax is deducted.

AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

Latest Fixed Rate Bond Deals
ProviderAccountInterest Rate (AER)TermApply

2.25%

per annum

£5,000Apply Now >
Earn 2.25% fixed interest - 3 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected

2.05%

per annum

£5,000Apply Now >
Earn 2.05% fixed interest - 2 year term - Minimum deposit £5,000 - No withdrawals permitted. FSCS Protected

2.40%

per annum

£1,000Apply Now >
Earn 2.40% gross/AER fixed for 4 years. Save £1,000 - £250,000. No withdrawals during the term. Individual or joint accounts available. Annual or monthly interest. FSCS Protected
Growth Structured Deposits
ProviderPlan NameMaximum Potential Return*TermMore Info
Kick Out Deposit Plan

4%

per annum

Up to
6 years
More Info >
Capital protected deposit plan with the potential to mature after years 3, 4, 5 and 6. If the plan matures early it will return 4% times the number of years the plan has been in force. Also available for Cash ISA and ISA transfer.
* Maximum Growth Yields are not guaranteed and subject to certain conditions