# Nationwide Launches Top-Rate Savings Bond

> Nationwide's new 30-month bond offers 5.3% interest for loyal customers.
- Title: Nationwide Launches Top-Rate Savings Bond · MoneyWeek
- Summary: Nationwide's new 30-month bond offers 5.3% interest for loyal customers. Nationwide's 30-month bond pays 5.3% interest for existing members, but tax…
- Keywords: nationwide, virgin money, fixed-rate bond, savings account, tax rate, isa, evelyn partners, MoneyWeek
- Source: MoneyWeek — https://moneyweek.com/personal-finance/savings/nationwide-fixed-rate-bond-virgin-money
- Published: 2026-11-04T12:35:35+00:00
- Read time: 1 min
- Topics: nationwide, virgin money, fixed-rate bond, savings account, tax rate, isa, evelyn partners
## Nationwide's New Bond
Nationwide launched a member-exclusive fixed-rate savings bond with 5.3% interest.
## Eligibility Requirements
Existing Nationwide or Virgin Money customers with accounts opened since November 2 2026 can join.
## Account Details
Savers can deposit up to £10,000 with annual interest credited and paid at maturity.
## Tax Implications
Tax rates on savings interest rise by four percentage points from April 2027, affecting returns.

> The tax rate on savings interest is rising by four percentage points from April 2027
## ISA Comparison
Two-year and three-year ISAs pay 5.15% interest tax-free, potentially yielding more after tax.
## Expert Analysis
Higher earners may get more interest from ISAs despite lower headline rates due to tax benefits.

> Nationwide's 5.30% bond looks attractive on paper, but savers need to consider what they will actually keep after tax
## Tax Calculation Example
A £10,000 deposit in Nationwide's bond earns £1,381.92 gross interest by May 2029.
## Key takeaway

Nationwide's 30-month bond pays 5.3% interest for existing members, but tax implications may make ISAs more attractive for higher earners.