Regular Saver Thread **New and Restarted**

Fingerbobs

veryintrigued wrote: »

Launching tomorrow but only 1.5% so might not make the cut on this thread.

Unsure of name/length/period but just in case people wanted to make an appointment.

Thanks for the heads-up, but I don't think I'll bother with this one.

schiff

JamesRobinson48 wrote: »

IMHO the new Notts RS out today is an uncommonly bad one.

Hopefully this isn't a foretaste of worse to come in the RS market!

It's positively generous compared with this:

Citigold Current Account is available free of charge if you have an average monthly balance of £150,000 (or currency equivalent) across all your Citi UK accounts, including investments, or if you hold an account with Citi International Personal Bank in London or Jersey. In case you do not meet either of our current account eligibility criteria then a monthly fee of £75 will apply.

The T&Cs are their choice and you can always take it or leave it.

veryintrigued

veryintrigued wrote: »

Launching tomorrow but only 1.5% so might not make the cut on this thread.

Unsure of name/length/period but just in case people wanted to make an appointment.

https://www.thenottingham.com/savings/products/panthers-regular-saver-issue-2/

adindas

veryintrigued wrote: »

Launching tomorrow but only 1.5% so might not make the cut on this thread.

Unsure of name/length/period but just in case people wanted to make an appointment.

This is subject to individual circumstances, but for many people I believe it is better to have 1.35% instant access saving rather than to have 1.5% regular saver with no withdrawal allowed.

adindas

veryintrigued wrote: »

Did you miss my post directly above yours?

Sorry Indeed I missed it. I edit the original post

MDMD

Wheres_My_Cashback wrote: »

Yes an no.

For future ref, call them the day it matures and ask them to transfer funds to your current account and then you can do what you want with the funds without waiting.
At the same time you can open another Reg saver should you wish to do so.
I'd be making that call now.

Although you can call them to access the funds I believe you can’t open over the phone anymore. It is online or app only.

https://www1.firstdirect.com/savings-and-investments/savings/regular-saver-account/

Kernel_Sanders

What has happened to Nationwide's flexclusive Regular Saver? Mine matured this month but I can't find any trace of it being available again despite having a Flex Direct account and mortgage. I've been through all the questionnaires etc on the products part after login and the only thing that mentions 'flexclusive' doesn't actually lead to it.

polymaff

Kernel_Sanders wrote: »

What has happened to Nationwide's flexclusive Regular Saver? Mine matured this month but I can't find any trace of it being available again despite having a Flex Direct account and mortgage. I've been through all the questionnaires etc on the products part after login and the only thing that mentions 'flexclusive' doesn't actually lead to it.

Yes, long gone, I'm afraid. My current one ended on Monday. Now my Nationwide is just a holding of derelict bank accounts - and a joke of a "loyalty" account..

A sign of things to come from the other institutions, I expect. They finally twigged that this was not pulling in new customers. Presumably why they made the FlexDirect higher rate a once-in-a-lifetime experience, too.

https://www.moneysavingexpert.com/news/2019/04/nationwide-to-pull-5--regular-saver-this-friday/

where_are_we

Nationwide are only good for their refer a friend bonus - £100 x 4 if you and a "friend" (my OH) refer each other. We will keep low balance on remaining current accounts and await the next switch offer.

Kernel_Sanders

polymaff wrote: »

Yes, long gone, I'm afraid. My current one ended on Monday. Now my Nationwide is just a holding of derelict bank accounts - and a joke of a "loyalty" account..

Well it still pays 1% (whenever a monthly £1000 is credited), so not a complete basket case!

where_are_we wrote: »

Nationwide are only good for their refer a friend bonus - £100 x 4 if you and a "friend" (my OH) refer each other. We will keep low balance on remaining current accounts and await the next switch offer.

They are good for clearing cheques the working day after paying them in at a branch, very useful for those maturing Nottingham Building Society passbook-based regular savers.