Nottingham Building Society

Nottingham Building Society was founded in Nottingham in 1849. As it is a building society, it is owned by its members

More commonly known for offering mortgages and savings accounts, Nottingham Building Society also offers insurance.  It offers both home and landlord insurance, which are underwritten by RSA. It also owns Beehive Money who offer online savings accounts.

Nottingham Building Society
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Savings Accounts

Ranked 25th of 53 providers reviewed.

Customer happiness score 54.44%
Customer trust score 67.78%
Complaints performance 79.44%
Transparency rating 61.88%
Fairer Finance score
Reviewed Autumn 2023
66%

Children's Accounts

Children's Savings Accounts

Nottingham Building Society

Branch Flexible Saver

Account Type i Easy Access
Interest Rate (AER) i 2.65%
Minimum Opening Balance i £1.00
Maximum Balance i £750,000.00
Notice Period i
Fixed Term Length i
Minimum Age to Open Account i 7
Maximum Age i 0
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Nottingham Building Society

Young Savers' Club

Account Type i Easy Access
Interest Rate (AER) i 3.8%
Minimum Opening Balance i £1.00
Maximum Balance i £750,000.00
Notice Period i
Fixed Term Length i
Minimum Age to Open Account i 0
Maximum Age i 16
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Nottingham Building Society

Fixed Rate Issue 317

Account Type i 3 Year Bond
Interest Rate (AER) i 4.15%
Minimum Opening Balance i £500.00
Maximum Balance i £750,000.00
Notice Period i
Fixed Term Length i 3 Year Bond
Minimum Age to Open Account i 0
Maximum Age i 0
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Nottingham Building Society

Fixed Rate Issue 316

Account Type i 1 Year Bond
Interest Rate (AER) i 4.75%
Minimum Opening Balance i £500.00
Maximum Balance i £750,000.00
Notice Period i
Fixed Term Length i 1 Year Bond
Minimum Age to Open Account i 0
Maximum Age i 0
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Nottingham Building Society

Fixed Rate Issue 315

Account Type i 1 Year Bond
Interest Rate (AER) i 4.65%
Minimum Opening Balance i £500.00
Maximum Balance i £750,000.00
Notice Period i
Fixed Term Length i 1 Year Bond
Minimum Age to Open Account i 0
Maximum Age i 0
Withdrawal Penalty i
Part of FSCS i
Sharia Account i
Additional Opening Criteria i
Additional Information i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i

Home emergency cover

Nottingham Building Society

Home Emergency Assistance

2 stars
Home Security Cover i
Home Emergency Cover limit i £500.00
Internal plumbing and drainage i
Primary Heating System i
Boiler breakdown cover i
Annual boiler service i
Internal gas supply pipe cover i
Pest infestation cover i
Domestic Power supply covered? i
Cover Type i Add-On
Alternative Accommodation Cover i £500.00
Unoccupied period i 60
Claims limit i Unlimited

Home insurance (building and contents)

Nottingham Building Society

Home Insurance (with optional cycle cover)

3 stars
Theft from outbuildings i £2,000.00
Matching sets (contents) i
Alternative accommodation cover limit for buildings i £40,000.00
Protection against inflation (Buildings)
Contents cover limit i £50,000.00
Money in the home i £500.00
Visitor's possessions i £500.00
Office equipment i £5,000.00
Buildings cover limit i £500,000.00
Trace and access i £5,000.00
Keys/locks if lost or stolen (Buildings) i £750.00
Alternative accommodation cover limit for contents i £10,000.00
Cancellation fee within 14 days i £0.00
Cancellation fee after 14 days i £0.00
Contents compulsory excess i £50.00
Flood excess i £50.00
Escape of water excess (minimum) i £50.00
Property owner liability i £2,000,000.00
Liability to domestic employees i £10,000,000.00
Liability as a tenant i £10,000.00
Replace belongings new for old i
3 stars
Theft from outbuildings i £2,000.00
Matching sets (contents) i
Alternative accommodation cover limit for buildings i £40,000.00
Protection against inflation (Buildings)
Contents cover limit i £50,000.00
Money in the home i £500.00
Visitor's possessions i £500.00
Office equipment i £5,000.00
Buildings cover limit i £500,000.00
Trace and access i £5,000.00
Keys/locks if lost or stolen (Buildings) i £750.00
Alternative accommodation cover limit for contents i £10,000.00
Cancellation fee within 14 days i £0.00
Cancellation fee after 14 days i £0.00
Contents compulsory excess i £50.00
Flood excess i £50.00
Escape of water excess (minimum) i £50.00
Property owner liability i £2,000,000.00
Liability to domestic employees i £10,000,000.00
Liability as a tenant i £10,000.00
Replace belongings new for old i

Buildings insurance

4 stars
Matching sets (Buildings) i
Frozen pipes i
Escape of water excess for buildings i £50.00
Underground pipes, cables and tanks i Optional
Selling your home i
Emergency entries i
Accidental damage to drains i
Buildings compulsory excess i £50.00
Unoccupied period i 60 days
Helpline i
Cancellation fee after 14 days (buildings) i £0.00
Amendment fee (telephone) i £0.00
Property owner liability i £2,000,000.00

Contents insurance

Nottingham Building Society

Home Insurance (with optional cycle cover)

3 stars
Matching sets (contents) i
Theft from outbuildings i £2,000.00
Cover for items away from home i Optional
Property owner liability i £2,000,000.00
2 stars
Matching sets (contents) i
Theft from outbuildings i £2,000.00
Cover for items away from home i Optional
Property owner liability i £2,000,000.00

Savings Accounts

2 Year Fixed Rate Accounts

Nottingham Building Society

Fixed Rate Issue 316

Interest Rate (AER) i 4.75%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Maximum Balance i £750,000.00
Minimum Age to Open Account i 0
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty i

3 Year Fixed Rate Accounts

Nottingham Building Society

Fixed Rate Issue 317

Interest Rate (AER) i 4.15%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Maximum Balance i £750,000.00
Minimum Age to Open Account i 0
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i

Easy Access Accounts

Nottingham Building Society

Four Access Saver

Interest Rate (AER) i 2.65%
Balance Tiers i 2.65% from £500
Minimum Opening Balance i £500.00
Withdrawal Penalty i Higher rate paid if less than 5 withdrawals per interest year (1st February to 31st January).
Part of FSCS i
Maximum Balance i £750,000.00
Minimum Age to Open Account i 18
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i

Nottingham Building Society

Branch Flexible Saver

Interest Rate (AER) i 2.65%
Balance Tiers i 2.65% at £1
Minimum Opening Balance i £1.00
Withdrawal Penalty i
Part of FSCS i
Maximum Balance i £750,000.00
Minimum Age to Open Account i 7
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i

Nottingham Building Society

Five Access ISA

Interest Rate (AER) i 2.65%
Balance Tiers i 2.65% from £500
Minimum Opening Balance i £500.00
Withdrawal Penalty i Higher rate paid if less than 6 withdrawals per interest year (1st February to 31st January).
Part of FSCS i
Maximum Balance i Unlimited
Minimum Age to Open Account i 18
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i

Nottingham Building Society

Branch Instant Issue 2

Interest Rate (AER) i 2.65%
Balance Tiers i 2.65% from £1
Minimum Opening Balance i £1.00
Withdrawal Penalty i
Part of FSCS i
Maximum Balance i £750,000.00
Minimum Age to Open Account i 16
Penalty free withdrawals? i
Sharia Account i
Additional Information i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Additional Opening Criteria i

Savings Accounts (ISAs)

1 Year Fixed Rate ISAs

Nottingham Building Society

Fixed Rate ISA Issue 169

Interest Rate (AER) i 4.6%
Minimum Opening Balance i £500.00
What happens at maturity? i The Provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be paid into a variable rate account.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Earlier access on transfers out only subject to 180 day loss of interest.
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

2 Year Fixed Rate ISAs

Nottingham Building Society

Fixed Rate ISA Issue 176

Interest Rate (AER) i 4.5%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be transferred into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Earlier access costs 180 days interest
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

3 Year Fixed Rate ISAs

Nottingham Building Society

Fixed Rate ISA Issue 171

Interest Rate (AER) i 4.1%
Minimum Opening Balance i £500.00
What happens at maturity? i The Provider will write to you before the account matures. If you don’t give them any instructions, the money in the account will be paid into a variable rate account.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Earlier access on transfers out only subject to 180 day loss of interest.
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

5 Year Fixed Rate ISAs

Nottingham Building Society

Fixed Rate ISA Issue 177

Interest Rate (AER) i 4.05%
Minimum Opening Balance i £500.00
What happens at maturity? i The provider will contact you before the account matures. If you don't instruct them the money will be paid into a variable rate account until you instruct them further or withdraw the funds.
Part of FSCS i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Can you make early withdrawals? i
Withdrawal Penalty (days) i Earlier access on closure only and incurs a 180 day loss of interest.
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

Easy Access ISAs

Nottingham Building Society

Easy Access ISA

Interest Rate (AER) i 2.65%
Minimum Opening Balance i £10.00
Part of FSCS i
Withdrawal Penalty i
Minimum Age to Open Account i 16
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Penalty free withdrawals? i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i

Junior ISAs

Interest Rate (AER) i 4.85%
Part of FSCS i
Minimum Opening Balance i £1.00
Minimum Age to Open Account i 0
Sharia Account i
Can be opened by mobile app? i
Can be opened in branch? i
Can be opened online? i
Can be managed by mobile app? i
Can be managed in branch? i
Can be managed online? i
Additional Opening Criteria i
Are early withdrawals allowed? i
Conditions of early withdrawal i
Can you transfer in funds from another cash ISA? i
Can you transfer in funds from a stocks and shares ISA? i