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Nationwide E-saver

:confused: I am looking to try out martins saving fountain, i have an ISA and a N.wide e-saver account,does the e-saver count as a regular saver or normal saver ? sorry if this seems like a dumb question, im guessing its a normal saver !?

Comments

  • freddysmith
    freddysmith Posts: 2,002 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Its just a normal online account because you can make deposits or withdrawls as and when you like, unlike a regular saver which usually means you have to put a certain amount into the account each month.
  • ming60
    ming60 Posts: 42 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Nationwide has an e-savings account. It is a normal savings account, but
    you have to open a Flexaccount (current account) to go with it. I would recommend it. I have one.
  • LittleVoice
    LittleVoice Posts: 8,974 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Nationwide also have a regular saver - you can increase the balance by up to £250 a month. It pays tiered interest - that is the interest increases depending on the tier into which the balance increase falls. The top interest rate at the moment is only 6% at the moment and you need to increase the balance by at least £200 in a month to achieve that.

    One advantage is that you can make withdrawals without notice.
  • Bull1tt
    Bull1tt Posts: 38 Forumite
    Thankyou for all your quick replys, im just waiting for the rates on the best ISA'S now, cheers.
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