How do I withdraw money from my savings account?

Base Rate Tracker

You can withdraw the money in your Base Rate Tracker Savings Account once per calendar month, with no minimum withdrawal amount. 

To do this, open the NuWealth app > select your Base Rate Tracker > tap ‘Withdraw’ > input an amount > then tap ‘Go’. After submitting your request, the funds will take up to one working day to appear in your bank. 

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Notice Savings Accounts

For notice accounts, the withdrawal timescale depends on which notice account you hold. For example, it will take 30 calendar days for your withdrawal to complete on a 30-Day Notice Account. The notice period begins the following business day after a withdrawal is initiated, and if your notice period ends on a non-business day, then it will clear the next working day. The actual amount you receive will include accrued interest earned during the notice period. You can request one withdrawal per month per savings account.

To withdraw your funds, open the NuWealth app > make sure the correct notice account is selected > tap ‘Withdraw’ > tap ‘Continue’ > input the amount you would like to withdraw or withdraw your full balance. Please note, if your balance is less than £1 you must withdraw all. When a withdraw all is pending, further deposits are suspended until your withdrawal clears.