Regular Savings Accounts: The Best Currently Available List!

savethepandas

sta0612 said:

Re. Melton:

Has anyone tried opening this account without using a cheque?

I don’t believe I currently have a chequebook.

@BestSeagull I believe you mentioned you may try to do so upthread (https://forums.moneysavingexpert.com/discussion/comment/80985704#Comment_80985704?utm_source=community-search&utm_medium=organic-search&utm_term=melton+cheque)

I chose electronic payment on the application form.

Earlier this week I received a DL sized envelope, containing a DL/compliments slip which had a sticker on the reverse detailing Melton's HSBC account and a handwritten reference for the direct debit.

2010

t1redmonkey said:

2010 said:

t1redmonkey said:

Hoping Nationwide still have issue 3 of the Flex Regular Saver open tomorrow so I can open one after my issue 2 matures (I'm sure they will, just really bad timing if they choose to close issue 3 in the next 12 hours!).

I can`t see NW just waiting for yours to mature tomorrow and withdrawing it today!
Regular Flex 2 must be maturing for someone every day this month.
Mine being the last day of the month.
That`s why I went for VM last month at 10.38% and up to £250 a month.

Well issue 2 launched on 21 September 2023 I believe, so the first ones will be maturing tomorrow 

Fingers crossed for you then.
I was obviously late to apply being the 30th.

[Deleted User]

Issue 3 is now 6.50% isn't it?

My 8% should mature over the weekend.

2010

[Deleted User] said:

Issue 3 is now 6.50% isn't it?

My 8% should mature over the weekend.

After the fixed term ends, we’ll transfer your account to an instant access savings product.

What`s  stopping you opening issue 3 today @ 6.5%?
The T%C state you are only allowed one account of each issue!

10_66

2010 said:

[Deleted User] said:

Issue 3 is now 6.50% isn't it?

My 8% should mature over the weekend.

After the fixed term ends, we’ll transfer your account to an instant access savings product.

What`s  stopping you opening issue 3 today @ 6.5%?
The T%C state you are only allowed one account of each issue!

When I tried opening the 6.50% a while ago (already have the 8%) a message popped up saying couldn't open as already have the product.

ColdIron

Tried it, no go

CuparLad

2010 said:

[Deleted User] said:

Issue 3 is now 6.50% isn't it?

My 8% should mature over the weekend.

After the fixed term ends, we’ll transfer your account to an instant access savings product.

What`s  stopping you opening issue 3 today @ 6.5%?
The T%C state you are only allowed one account of each issue!

The Summary Box for the current Issue 3 does say

You can only be named on one Flex Regular Saver product at any time (of any Issue).

2010

CuparLad said:

2010 said:

[Deleted User] said:

Issue 3 is now 6.50% isn't it?

My 8% should mature over the weekend.

After the fixed term ends, we’ll transfer your account to an instant access savings product.

What`s  stopping you opening issue 3 today @ 6.5%?
The T%C state you are only allowed one account of each issue!

The Summary Box for the current Issue 3 does say

You can only be named on one Flex Regular Saver product at any time (of any Issue).

Must be different from issue 2 which says:

Conditions for holding your account

You need to be aged 16 or over.

You must have a Nationwide current account. If this account is closed after you’ve opened a Flex Regular Saver Issue 2, we may transfer your

account to an instant access savings product. The terms and conditions and the interest rate for that product will then apply. We’ll tell you

personally before we transfer your account.

Your account can be in sole or joint names and you can have a maximum of two joint account holders. Only one of the account holders must

have a Nationwide current account. Otherwise, all account holders must meet these conditions to hold the account.

You can only be named on one Flex Regular Saver Issue 2 account at any time.

If it’s been more than 28 days since you opened your account and you still haven’t paid any money in, we’ll close it.

You must be registered to use the Internet Bank and have a valid email address.

MisterMotivated

2010 said:

The T%C state you are only allowed one account of each issue!

Not true, they state "You can only be named on one Flex Regular Saver product at any time (of any Issue)"

WillPS

2010 said:

You can only be named on one Flex Regular Saver Issue 2 account at any time.

Is anyone prepared to admit that they've found this conditiion didn't turn out to be entirely enforced yet?