Savings Interest Rates, Switch Offers and Guides for Nottingham Building Society

Who they are

Nottingham Building Society was founded in 1849 by a small group of Nottingham businessmen led by local Quaker Samuel Fox. His vision was to help people own their own home and offer them a safe, secure place for their savings - a purpose the society has held onto ever since. It remains a mutual building society, owned by its members, with no shareholders meaning profits can be passed on to members and communities. Today it is the ninth largest building society in the UK. Alongside savings and mortgages, it offers home insurance, income protection, and financial planning, as well as digital services through its Beehive Money app.

Savings accounts

The range here is genuinely broad, covering most needs from a starting balance of just £1 on most accounts. At the fixed-rate end, the 5 Year Fixed Rate Bond and 5 Year Fixed Rate Cash ISA both pay 4.65% AER, with the 3 Year versions close behind at 4.60% and the 2 Year options at 4.50%. These accounts have no access until maturity, so they suit money you know you can set aside.

For savers who want flexibility, the Regular Saver pays 4.25% AER with unlimited penalty-free withdrawals - useful if you want to drip money in each month. The Annual Allowance ISA offers 4.00% AER with unlimited access, and the Bonus Access Saver and Bonus Access ISA both sit at 3.80% AER. If you need occasional but not constant access, the Triple Access Saver and Triple Access ISA allow up to three withdrawals per interest year at 3.05% AER, though those accounts require a £500 minimum to open.

For younger savers, the Junior ISA and Young Savers' Club both pay 3.75% AER - decent rates for children's savings. Branch-based savers can use the Branch Flexible Saver and Flexible Easy Access ISA, though those accounts pay 1.70% AER, which is noticeably lower than the online and fixed-rate options.

All accounts listed carry FSCS protection of up to £120,000 per depositor - higher than the standard £85,000 limit you see at most banks, which is worth noting if you hold a larger balance.

Is it right for you?

Nottingham Building Society suits savers who want a wide choice of ISA wrappers, are comfortable locking money away for a competitive fixed rate, or want the reassurance of a branch network in the East Midlands. The society achieved a Trustpilot rating of 4.9 out of 5 in 2024 , which suggests members are generally happy with the service. The branch-only easy access rates are low, so if you are purely chasing the best variable rate and happy to go fully digital, it is worth comparing what else is on the market.

Rates change regularly - check the live figures on this page for the most up-to-date picture before you apply.