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Nationwide 5% and 2% regular savers - anyone got both?
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I tried to open a 2% a while back (already had the 5%) - it seemed to go fine and then a month or so later, they closed it and moved the money back to the account that had funded it.
I wanted to try this as well, just worry that the one they will close is the one paying 5% interest.
Does anyone else have experience having both RSA paying 5% and 2% at the same time that they could share ??0 -
Well my situation is that both the 2% and 5% are open and both funded with £500 - both for a matter of days.
Lets see what they say and can clarify the T&Cs (for me at least) but I have my doubts with some of the replies above.0 -
veryintrigued wrote: »Well my situation is that both the 2% and 5% are open and both funded with £500 - both for a matter of days.
Lets see what they say and can clarify the T&Cs (for me at least) but I have my doubts with some of the replies above.
Same for me and I had both a Regular Savings and a Flex Regular Saver before that. There is no problem having both.0 -
According to another thread on here it was ok to have both and both paid 5% so this is very confusing.0
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veryintrigued wrote: »Both paid 5% - very generous!
I guess that makes it 10% in total then
It might be misinterpretation from the OP. I seriously doubt if anyone be able to get two 5% flexclusive regular saving a/c on sole ac. I tried to do it a few minutes ago and I got this message :
"We're sorry
You already hold this type of account and cannot open another one.
What you might like to do now
Choose a different savings account
Open a current account
Return to Overview of my accounts"
But I took the plunge for 2% RSA after thinking it over that I have nothing to loose. I managed to open the RSA paying 2% a few minutes ago and got confirmation that the ac has been opened.
If they close the one paying 5%, I will close both of them and then reopen a new RSA paying 5% interest.
I understand they will still pay the right daily interest even if you close it before maturity date, so nothing to loose actually but might be something to gain.0 -
I don't think your'e allowed one of each. The T£Cs could be clearer, but if this were permitted, there would be no need to mention the Regular Saver in the FRS T&Cs and vice versa.0
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veryintrigued wrote: »Both paid 5% - very generous!
I guess that makes it 10% in total then
I think I'm getting this wrong it's a regular saver and a flexi current account.0 -
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It was.
But if you do it via online banking now, you should be able to have both 5% Flexclusive Regular Saver and 2% Regular Saver Account. I did it a few minutes ago.
Do it yourself online without any involvement from NW staffs for obvious reason.
The t&cs still state you can't though.
I'm not going to try as I still have options above 2% that I've not made full use of.0
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