Nationwide Flexclusive Regular Saver issue

where_are_we

I opened a new 5% Nationwide Flexclusive Regular Saver with a £500 deposit direct from my flexdirect account. The NFRS does not have a sort code. How do I set up a monthly standing order for £500 from my main current account (Santander123) to an account without a sortcode?

bsms1147

See this post
http://forums.moneysavingexpert.com/showpost.php?p=69642770&postcount=120

MARTYM8`

where_are_we wrote: »

I opened a new 5% Nationwide Flexclusive Regular Saver with a £500 deposit direct from my flexdirect account. The NFRS does not have a sort code. How do I set up a monthly standing order for £500 from my main current account (Santander123) to an account without a sortcode?

Move it to your flex direct account and then arrange a standing order from that to the regular saver?

You need to pay in £1k a month to the flex direct anyway to get the 5% on that (or 1% after a year) - so £500 can be moved to the regular saver from that payment and the other £500 either left in or transferred elsewhere?

planteria

yes, it needs to come in via Nationwide

bsms1147

planteria wrote: »

yes, it needs to come in via Nationwide

No it doesn't.

ceredigion

planteria wrote: »

yes, it needs to come in via Nationwide

It's panto season!!
oooohhhh no you don't

glider3560

where_are_we wrote: »

I opened a new 5% Nationwide Flexclusive Regular Saver with a £500 deposit direct from my flexdirect account. The NFRS does not have a sort code. How do I set up a monthly standing order for £500 from my main current account (Santander123) to an account without a sortcode?

Use these details:
Sort code 07-00-93
Account number 33333334
Reference use the Nationwide account number e.g. 1234/123456789

See here: http://www.nationwide.co.uk/support/support-articles/manage-your-account/sort-code-and-account-number-information

It accepts faster payments and my transfer increased the balance immediately (although the transaction detail didn't show until the next working day).

grumbler

glider3560 wrote: »

Sort code 07-00-93
Account number 33333334
Reference use the Nationwide account number e.g. 1234/123456789

See here: http://www.nationwide.co.uk/support/support-articles/manage-your-account/sort-code-and-account-number-information

Well, the 'source' is a little confusing to put it mildly:

Savings account with a bond / passbook, and /or an ISA
07 00 93 33333334 ... full account number, e.g. 1234/123456789
...
Regular Savings
07 10 40 ...your 8 digit account number

And it's a Regular Savings account, but without 8 digit number ...:think:

DragonQ

The source is indeed confusing but it works.

noh

grumbler wrote: »

Well, the 'source' is a little confusing to put it mildly:
And it's a Regular Savings account, but without 8 digit number ...:think:

No it's not a Regular Savings account it is a Regular Saver account. There is a difference.
The Regular Savings is the old one paying 2% no longer available to open.
The Regular Saver is the new one available to open now.

grumbler

"Regular savings account" is a generic term, although this can be some real/old account at the same time.
Are you saying that it's a "savings account with a bond / passbook" then?