Nationwide

Nationwide

Nationwide is a British building society and mutual financial institution. Headquartered in Swindon, it has additional offices in Glasgow, Bournemouth, Northampton and London. Formed by more than 100 mergers, Nationwide has more than 15 million members and is the largest building society in the world.

Reviews Rating
35%
Review Score
This figure is an average of the review score, taken from customer reviews and the overall rating of the bank.
52%
BankRank® Score
This figure is the average of the bank's total sentiment score and the review scores.
Matt Crabtree
Senior Editor
Matt Crabtree
Matt Crabtree is a senior editor at CompareBanks. He has over 10 years experience in writing about all aspects of finance and is passionate about helping consumers make informed decisions about their money.
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Overview

First Glance

Nationwide is a British building society and mutual financial institution. Headquartered in Swindon, it has additional offices in Glasgow, Bournemouth, Northampton and London. Formed by more than 100 mergers, Nationwide has more than 15 million members and is the largest building society in the world.

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Contact Info

About Nationwide

Nationwide is a British building society and mutual financial institution. Headquartered in Swindon, it has additional offices in Glasgow, Bournemouth, Northampton and London. Formed by more than 100 mergers, Nationwide has more than 15 million members and is the largest building society in the world.

What is now Nationwide began life in the nineteenth century, with the Northampton Town & County Freehold Land Society and the Southern Co-operative Permanent Building Society. The Co-operative Permanent changed its name to Nationwide Building Society in 1970, merging with Anglia Building Society in 1987. The new company was initially known as Nationwide Anglia Building Society but changed to simply Nationwide in 1992.

After the financial crisis of 2008, Nationwide acted to protect the mutual financial sector and acquired several smaller building societies.

Nationwide is committed to maintaining its mutual status and was by far the biggest British building society that didn’t convert to bank status in the wave of demutualisations of the late 1980s. Subsequent proposals to change to full bank status have not been actioned.

Nationwide Products and Services

Nationwide business customers can choose from a range of savings accounts with strong interest rates. These include notice accounts, fixed-rate accounts and instant access accounts.

These accounts are designed for SMEs with no more than 250 employees and a turnover of less than £45million. A range of corporate banking accounts are available for larger companies.

Nationwide members who have a current account, savings account or mortgage get a better rate of interest when taking out a loan (although loans are available to non-members as well). Customers must earn at least £700 a month. Once agreed, funds can be cleared into the borrowers’ account within two hours.

Nationwide also offers a range of current and savings accounts, cash ISAs and Junior ISAs.

Security at Nationwide

Nationwide is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority. Deposits of up to £85,000 are covered by the Financial Services Compensation Scheme (FSCS).

Nationwide Contact Details

Nationwide Building Society
Nationwide House
Pipers Way
Swindon
SN38 1NW

Telephone: 0800 302011

Best Nationwide Deals

Get £175 when you switch to Nationwide
Get £175 when you switch to Nationwide Nationwide
Get £175 when you switch to a Nationwide current account. If you switch an existing current account...

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Find answers in Q&As and ask your question

What does a person have to do to close my bank account with you, ive tried on line, ive gone to my bank in Lymington UK, writen to you, the last letter was on 1-12-22 and yet you still dont do it, are you running a scam or are you committing fraud , why can you do as i have asked, this so far has taken twelve months, i will be suing you for compenshation if you dont sort it NOW !! — Roy Beale

HI, I live in Camden, London NW1 and I need to find my nearest cash deposit atm that is available to use while branches are closed. Can u please advise me, Thanking you in advance, Kind regards, Rachel Cressey — Rachel Cressey

I want to switch from santander to nationwide — Vernon

Nationwide Reviews

Margaret McMonagle
May 23, 2025

“Customer Service is fantastic in you Derry branch the”

Customer Service is fantastic in you Derry branch the North of Ireland is 5 star in everything the staff in every aspect in my customer visits pleasant helpful and explain everything for me and on line is so easy

Abbey Akin
May 23, 2025

“I was scammed recently buying a travel ticket on Nationwide credit card”

I was scammed recently buying a travel ticket on Nationwide credit card. Even though Nationwide Bank confirmed my payment and know that I did not receive the ticket, Nationwide still maintain it was a valid transaction and I lost my money. It is visible that it was scam and the fact that I did not receive the product is enough for Nationwide to help reclaim my money. I reported this to the police and they were also shocked by Nationwide Bank action. To people, using or trying to use Nationwide, their fraud investigation system is really not fit for purpose and they aid these fraudsters get away. You can't even get a got transaction list to reconcile your account except you depend on them sending them to you. Their interest calculation is not transparent that can allow individual re-calculate and they make so much mistakes. Beware

Ron Allen
November 3, 2024

“Nationwide once again has dropped me in it when I am abroad, this time it has forced its customer to upgrade to the app that does not work”

Nationwide once again has dropped me in it when I am abroad, this time it has forced its customer to upgrade to the app that does not work.
In the past Nationwide worked for its members and it is clear from the scores here that is no longer the case. I will be closing all of my accounts at the earliest opertunity as they are not fit for purpose and can clearly not be trusted.

lillie-faye cornes
March 26, 2024

“I rang the bank due to receiving a fraudulent message about my parcel asking me to pay £2 for a new label to get it delivered to me,i stupidly payed this before ringing amazon and them telling me it was a scam”

I rang the bank due to receiving a fraudulent message about my parcel asking me to pay £2 for a new label to get it delivered to me,i stupidly payed this before ringing amazon and them telling me it was a scam.I rang nationwide and they quickly dealt with the issue and cancelled this account from ever being able to take money out of my account again as they now have my details.Even offering extra support as to not let this happen again giving me advice that if they call or message again to get them to leave a message for the banks evidence.The lady on the phone was extremely supportive and kind and i would like to thank nationwide for having such great customer service especially over something that was 100% my fault for believing.

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Nationwide Accounts

FlexStudent
FlexStudent
Personal
Monthly Fee
1%
Interest Rate
Yes
Overdraft
0%
Overdraft Rate
FlexOne
FlexOne
Personal
Monthly Fee
1%
Interest Rate
No
Overdraft
Overdraft Rate
FlexBasic
FlexBasic
Personal
Monthly Fee
0%
Interest Rate
No
Overdraft
Overdraft Rate
Future Saver
Future Saver
Personal, Savings
Monthly Fee
1.00% AER/gross a year (Variable) if you have a main current account with us. 0.50% AER/gross a year (Variable) for all other customers.
Interest Rate
Overdraft
Overdraft Rate
Start to Save
Start to Save
Personal, Savings
Monthly Fee
1%
Interest Rate
Overdraft
Overdraft Rate
2 Year Fixed Rate Bond
2 Year Fixed Rate Bond
Personal, Savings
Monthly Fee
0.50%
Interest Rate
Overdraft
Overdraft Rate
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