Rate drops after 12 months, so you may wish to move your money after this period to maximise your savings. The account allows one free withdrawal a year; any more & you’ll be penalised in interest & a loss of bonus, so it’s worth taking into account if you’ll need to dip into your savings pot.
Nationwide are a building society with over 160 years of expertise and experience. It has around 700 branches across the UK, with headquarters based in Swindon. Nationwide offers a range of financial services including savings accounts, mortgages, current accounts, credit cards and loans.