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  • FIRST POST
    • RG2015
    • By RG2015 1st May 17, 5:36 PM
    • 125Posts
    • 38Thanks
    RG2015
    Nationwide Regular Saver Eligibility
    • #1
    • 1st May 17, 5:36 PM
    Nationwide Regular Saver Eligibility 1st May 17 at 5:36 PM
    I have a question on Nationwide eligibility and cannot find an answer on their website.

    I have two Nationwide Flexdirect current accounts, one in my name and one joint account with my wife.

    I have a 5% regular saver account and wanted to confirm that my wife can also open one through the joint account eligibility or does she need to open a sole account in her name first?
Page 2
    • youngretired
    • By youngretired 3rd May 17, 10:56 AM
    • 90 Posts
    • 40 Thanks
    youngretired
    Yes. My brother-in-law had to do this in March as he did not hold a sole Nationwide account only a joint.

    I enquired via secure message in December because my husband had a maturing regular saver but no longer held a sole Nationwide account only joints, so I asked how he would go about opening another one after reading a forum on here and this is what they said to do.

    Fortunate for my husband he managed to open the new regular saver and fund the initial payment from the matured regular saver before it closed.
    • SallySunshine
    • By SallySunshine 3rd May 17, 11:06 AM
    • 578 Posts
    • 179 Thanks
    SallySunshine
    Thanks for that, young retired,
    they certainly make you jump through hoops.
    Never known anything so convoluted for a customer to open a simple account
    • MPN
    • By MPN 3rd May 17, 11:21 AM
    • 174 Posts
    • 58 Thanks
    MPN
    My wife and I both have FlexDirect sole accounts and we each have Regular Savers with our sole accounts.

    However, we have also just opened a joint account so the question is, can we open a regular saver from this account in our joint names even though we both already have regular savers with a sole accounts?
    • isasmurf
    • By isasmurf 3rd May 17, 11:39 AM
    • 1,665 Posts
    • 685 Thanks
    isasmurf
    My wife and I both have FlexDirect sole accounts and we each have Regular Savers with our sole accounts.

    However, we have also just opened a joint account so the question is, can we open a regular saver from this account in our joint names even though we both already have regular savers with a sole accounts?
    Originally posted by MPN
    The answer is in the terms and conditions
    • RG2015
    • By RG2015 3rd May 17, 1:09 PM
    • 125 Posts
    • 38 Thanks
    RG2015
    This is getting surreal, are you saying that when I open an account for myself on-line I have to say I am not registered for on-line banking with them, when I am?
    Originally posted by SallySunshine
    Hi Sally,

    I have just had a secure message from Nationwide confirming that to open a sole regular saver if you only have a joint account is to say that you are not registered for online banking. They also told me not to worry as the new account would appear in my wife's online banking as a sole regular saver.
    • badger09
    • By badger09 3rd May 17, 6:09 PM
    • 4,848 Posts
    • 4,041 Thanks
    badger09
    So nothing has changed since 2012
    • RG2015
    • By RG2015 19th May 17, 11:42 AM
    • 125 Posts
    • 38 Thanks
    RG2015
    RG2015, I'll be interested to know how you get on.
    sometimes you can get differing answers from different lines of enquiry.
    I won't be able to sort out anyway until June at the earliest.
    Originally posted by SallySunshine
    Hi Sally,

    My wife has now opened a new regular saver in her name qualifying through our joint account.

    The critical issue is ticking the sole account box and not the joint account box. At the time she opened the account she did not have internet banking so answered no to that question. She now has internet banking so in a years time it may be an issue if she wants to open a new regular saver.
    • SallySunshine
    • By SallySunshine 19th May 17, 3:42 PM
    • 578 Posts
    • 179 Thanks
    SallySunshine
    Thanks RG, I'm still reeling from faffing about for an hour this morning with transferring ISA's
    I will bookmark this thread until I fulfil the criteria in early June, might have forgotten this a.m.'s trauma by then!
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