First Direct Regular Saver 8%

alanq

calypso_rhapsody wrote: »

NW being Nationwide not NatWest?

I think both use cards - and i agree it is a pain - wonder if it really does improve security??

Nationwide allows / allowed login with memorable information as an alternative to using a card reader.

To the best of my knowledge NatWest never requires a card reader to login. It is required when setting up or changing payments and perhaps for transfers of large amounts. The trouble I have found on a couple of occasions is that having used the card reader to set up a payee and again to make a payment to that payee the transfers have been blocked until I speak on the phone to the fraud prevention team. To me that rather defeats the point of using the card to authorise transactions in the first place.

PS why don't i get that nice blue box when i quote a part of a message?

To get quotes in boxes use the quote button and then remove unwanted text or copy and paste text and surround it with {QUOTE} and {/QUOTE} but using [] instead of {}. You missed the /QUOTE.

adindas

This is new to me.
I have used their card reader. TBH it is a lot of hassles and painful process.

What stages do I need to follow to access it using memorable information rather the using card reader?

alanq wrote: »

Nationwide allows / allowed login with memorable information as an alternative to using a card reader.
.

alanq

As recently posted in another thread...

dc wrote: »

You Do Not Have to use the reader to log on to your Nationwide accounts if you dont like the faff of having to find a card and the reader.

Just read down the log in page and you will see.

To log in with your card and card reader please follow the instructions below:

Or, use your memorable data and passnumber to log in.

Just click on the blue link and log in as before the reader was thought of, Simples.
I havent used the reader for months now, lets hope they dont twig.

See also http://www.nationwide.co.uk/internetbanking/help/help_signon_WP1.htm

I need to confirm that there isn't a difference for those customers who have been updated to the new style online banking. I cannot at present. When I attempted to access online banking the message was "Normal service will be resumed by 13:00". However, the service status screen says "please be assured normal service will resume from 11.00am."
http://www.nationwide.co.uk/contact_us/service_availability/service_availability.htm

The card reader does have to be used to change account details, set up new payees and sometimes to make payments

adindas

Thank you for the update.
Will try later this day ...

alanq wrote: »

As recently posted in another thread...



See also http://www.nationwide.co.uk/internetbanking/help/help_signon_WP1.htm

I need to confirm that there isn't a difference for those customers who have been updated to the new style online banking. I cannot at present. When I attempted to access online banking the message was "Normal service will be resumed by 13:00". However, the service status screen says "please be assured normal service will resume from 11.00am."
http://www.nationwide.co.uk/contact_us/service_availability/service_availability.htm

The card reader does have to be used to change account details, set up new payees and sometimes to make payments

jpaul_2

jpaul wrote: »

I take it with the terms of the regular saver there is no advantage in applying at the end of the month to try and maximize interest etc?

From the T&C's it says first payment when account is opened and monthly payments on the anniversary of the account.

I take it from that there is no benefit in opening the account at a certain date in the month?

ctdctd

jpaul wrote: »

From the T&C's it says first payment when account is opened and monthly payments on the anniversary of the account.

I take it from that there is no benefit in opening the account at a certain date in the month?

Correct - as you can't change the payment dates, it makes no difference when the account is opened.

HTH

jpaul_2

Cheers

just wanted to double check

apt

There's a very very small advantage in choosing a date of the month that falls on as few weekends as possible in the following months.

pqrdef

There may be a bigger very very small advantage in choosing a date that falls on a weekend at maturity.

alanq

There is an advantage of paying into the Regular Saver as soon as possible after any income is certain to have been credited to the First Account. Otherwise the money will be sitting idle for a while or one has the hassle of transferring it into another interest bearing account and back again by the due date.