Nationwide launch new 5 per cent regular saver for current account customers

bristolleedsfan

Futuristic wrote: »

Just switched nationwide to halifax as my 5% ended, should have stayed!

Any other way to get this?

Also unlimited withdrawals on the account is pretty hot.

Open a new one via Quidco or TCB, both offer Highest Cashback Guarantee, need an account to switch from though.

http://www.topcashback.co.uk/search/merchants/?s=Nationwide+FlexDirect

http://www.topcashback.co.uk/search/merchants/?s=Nationwide+FlexAccount

bsms1147

bart999 wrote: »

From the T & C - You can hold only one Regular Saver or Flexclusive Regular Saver account, so it would appear not???

Yep. I'm basing it on the actual ability to open a 2nd RS. The T&Cs (especially for Nationwide) don't always correlate with what is possible in practice.

Just opened a 2% one. Opened a 5% one earlier this morning.

Feel free to try yourself

apt

Very easy to sign up if you're on internet banking. Good to have a decent savings account from the Nationwide. It's been a while.

jimjames

apt wrote: »

Very easy to sign up if you're on internet banking. Good to have a decent savings account from the Nationwide. It's been a while.

You mean apart from their 5% and 3% accounts but yes good to have another account with decent rate.

Pincher

*Are you eligible to open this account?

Flexclusive Regular Saver is for individuals aged 18 or over who meet one of the following two criteria:
1. Hold a FlexOne account and be aged 18 or over, or hold a FlexAccount and have:

• Been paying in £750+ a month for the last 3 months (excluding transfers from any Nationwide account held by you or anyone else); or
• Completed an account switch to us (from a non-Nationwide account) using our Current Account Switch Team in the last 4 months; or

2. Hold a FlexDirect or FlexPlus account.


You can hold only one Regular Saver or Flexclusive Regular Saver account, which can be held in either sole or joint names. Only one account holder must meet the eligibility criteria.

Kendall80

jimjames wrote: »

You mean apart from their 5% and 3% accounts but yes good to have another account with decent rate.

I've always been happy with their range of products. Their mortgage rates are always competitive, their credit cards are reasonable and their current accounts are very attractive. My only minor gripe would be the 12 month 5% period on the Flexdirect account (mine recently expired). Cant really fault them for that but I would certainly prefer them to go the TSB route.

King_Of_Fools

Nationwide have confirmed that this account is not open to existing customers with Regular Saving accounts.

bart999

Yes pretty poor from Nationwide, having reduced the interest on the regular saver a few months ago. Not really on your side!

apt

jimjames wrote: »

You mean apart from their 5% and 3% accounts but yes good to have another account with decent rate.

When I wrote savings account that's what I meant, not current accounts. The last offer similar to this was launched in August 2012.

jimjames

Kendall80 wrote: »

I've always been happy with their range of products. Their mortgage rates are always competitive, their credit cards are reasonable and their current accounts are very attractive. My only minor gripe would be the 12 month 5% period on the Flexdirect account (mine recently expired). Cant really fault them for that but I would certainly prefer them to go the TSB route.

I agree. I have my mortgages with them and have been paying at 2.29% for the last 6 years. To then get 5% on savings is a pretty incredible deal.