A simple, rapid (30 min) microbiological assay for nystatin is discussed. It is based on the efflux of Rb+ ions from nystatin treated yeast cells which had been grown in a medium enriched with this element. Results obtained with this method and the conventional agar diffusion method for nystatin in raw materials and finished products compare favourably both in accuracy and reproducibility. For simplicity and reproducibility, a cryogenically‐stored inoculum is advocated; its use gives a confidence interval (P= 0·05) on six results of < 5%.