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Five Access ISA
Get a better rate if you limit your withdrawals
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This account might be right if you

  • don't need to make more than five withdrawals per interest year - you'll lose your bonus otherwise.
  • are happy with a variable rate which can change.
  • would like to open and manage your account in branch.

This may not be right if you

  • want regular access to your money without penalty.
  • want to open and manage your account online.
  • would like the security of a fixed return on your investment.

Five Access ISA - open in branch only

With our Five Access ISA you can earn tax-free interest, grow your savings with unlimited deposits and make up to five withdrawals every interest year without impacting your interest rate.

Download key product information
  • 3.75% tax-free p.a/AER variable - with conditional bonus
  • 2.50% tax-free p.a/AER variable - without conditional bonus
  • Interest year runs from 1st February - 31st January
  • Available to new and existing savers
  • Interest paid annually on 31st January

Account name

Five Access ISA.

What is the interest rate and is it fixed?

3.75% tax-free p.a./AER variable including conditional bonus (if up to five withdrawals are made in each interest year).
2.50% tax-free p.a./AER variable excluding conditional bonus (if six or more withdrawals are made in each interest year or the account is closed).

The interest on this account is variable, this means that it can go up or down. The basis on which we might change your interest rate is set out in our branch savings terms and conditions.

How much can I save in this account?

You will need £500 to open an account and the balance must not fall below that amount. You can pay in as much as you like up to the annual ISA allowance (£20,000 for the current tax year). You can also make unlimited transfers (either part or entire balances) of previous ISA subscriptions from any bank or building society up to £750,000.

Can I withdraw money?

Withdrawals/transfers can be made and are limited to five per interest year to qualify for the 'including conditional bonus' rate. If six or more withdrawals are made or the account is closed, you will be paid the 'excluding conditional bonus' interest rate until the day before the start of the interest year (1st February to 31st January). The interest rate and the number of withdrawals is reset on February 1st annually.

Will I be taxed on the interest?

No, the interest you'll receive will be tax-free.

How can I open an account?

To open an account you must be aged 16+ and meet our ID requirements. Call your local branch and speak to an adviser who can book an appointment for you.

Additional information

This account may be withdrawn at any time. There are other savings accounts available with Nottingham Building Society and other banks and building societies. Subject to withdrawal conditions you can switch accounts at any point. You can read our branch savings terms and conditions here.
See more cash ISAs

Current interest rates from 30 Sep 2024

Balance Tax-free p.a/AER*
with bonus 		Tax-free p.a/AER*
without bonus
£500 - £750,000 3.75% 2.50%

Previous interest rates from 01 Feb 2024

Balance Tax-free p.a/AER* with bonus Tax-free p.a/AER* without bonus
£500 - £750,000 3.90% 2.65%

Open a branch savings account today

To open one of our savings accounts call your nearest building society branch to book an appointment.

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Good to know

Your savings are covered by the Financial Services Compensation Scheme (FSCS), so your savings are protected. The scheme was set up by the government and is funded by the industry. Savers could get up to £85,000 if their bank or building society goes out of business.

Find out more
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Find out more

Who are Nottingham Building Society?

As a mutual building society, you own us, not shareholders. That means we pass our profits and extra benefits directly to you instead of paying dividends.

Read more about us

How do I open an account?

To open this savings accounts call your local branch to speak to an adviser to book an appointment. You cannot open or manage this account online.

Call your nearest branch

Savings FAQs

Scratching your head about savings? Take a look at questions that our members frequently ask us, which you might also find helpful.

Savings FAQs