Nationwide Regular Savings - Ending? - What's happened?

System

Perhaps nationwide needs a little longer in order to eat the banks, as I suppose there's a disadvantage in not being able to issue stock, and its only just got to its present size after picking off the small fish, maybe it is getting a little bolder with time

bowlhead99

MatthewAinsworth wrote: »

Perhaps nationwide needs a little longer in order to eat the banks, as I suppose there's a disadvantage in not being able to issue stock, and its only just got to its present size after picking off the small fish, maybe it is getting a little bolder with time

Yes, maybe after 168 years and over 100 mergers it is finally ready to compete. Let's diarise to revisit the merits of the mutual structure for financial services in another 168 years from now, and see how your theories played out.

System

If I was still in my flat I'd probably need to do a lease extension by then...

johnmoney05

colsten wrote: »

Hundreds of us received the first letter last year. Just you and your partner did not.

Dozens of us discussed the advised change on this forum at the time. Just you and your partner did not.

Hmmm.

Not just them...I am the same, just got the letters from NW, although I can't remember whether I got the previous letters. That is why I came to this thread. I am glad to find this thread though, otherwise I might need to contact NW for clarification.

ScarletBea

FYI, I also didn't get the notice of the change from 2% to 1.75%.

ab56

OH and self both have a Regular Savings account and neither of us have received notification of interest drop from 2% to 1.75% until letter dated 26/10/16 received today advising of account being transferred to Instant Access Account on 1/12/16 which comments in its narrative that the interest rate on the Regular Savings is 1.75%!