Regular Savings Accounts: The Best Currently Available List!

PowerSavingMode

Kazza242 said:

Nationwide Building Society are launching a new regular saver, called 'Flex Regular Saver (Issue 2)', paying 8.00%

• Deposit up to £200 per month
• The account is available to new and existing Nationwide current account customers
• You can make up to 3 penalty-free withdrawals
• It reverts into an instant access savings account after 12 months
• The account can be opened and managed online or via Nationwide's mobile app

It should appear amongst their list of accounts once launched.

Thanks. Showing now, but tried applying and it's not having it: "We can't complete your application at the moment"

Will try again at a saner hour!

chris_the_bee

kar999 said:

fonesaver said:

kar999 said:

I've got a number of accounts with YBS but just got this email after RS application... not sure why.  .


"We need to carry out some further checks."

Hi Mr ***** We wanted to let you know that your account is open, but before you can begin using it we just need to carry out a few further checks. Don't worry - this should only take a couple of days for us to complete. What happens next? Once these checks have been completed we'll write to you and let you know when your account is ready to use. You'll then be able to make deposits to your account by bank transfer. For security reasons, we'll send you your customer number by post. You will need this to be able to log in, manage your account online and make further deposits by debit card.

I got the same yesterday when I applied. I have had multiple accounts with YBS for over 30 years. Could this be another Newcastle BS type !!!!!!-up???

The wife opened hers without any issues. I've also got their  Regular e-saver (£250pm) but believe you can have both.
I'll ring customer service tomorrow if I don't hear from them.

Yes, you can have both. If not eligible, the web site wont allow you to apply.

pookey

Kazza242 said:

Nationwide Building Society are launching a new regular saver, called 'Flex Regular Saver (Issue 2)', paying 8.00%

• Deposit up to £200 per month
• The account is available to new and existing Nationwide current account customers
• You can make up to 3 penalty-free withdrawals
• It reverts into an instant access savings account after 12 months
• The account can be opened and managed online or via Nationwide's mobile app

It should appear amongst their list of accounts once launched.

Thanks for sharing.
Can I apply now and transfer £200 and then set up a standing order from the 1st of October please? 

dealyboy

Kazza242 said:

Nationwide Building Society are launching a new regular saver, called 'Flex Regular Saver (Issue 2)', paying 8.00%

• Deposit up to £200 per month
• The account is available to new and existing Nationwide current account customers
• You can make up to 3 penalty-free withdrawals
• It reverts into an instant access savings account after 12 months
• The account can be opened and managed online or via Nationwide's mobile app

It should appear amongst their list of accounts once launched.

It is in the 'list of accounts' ... applying via internet banking ...

tg99

pecunianonolet said:

Kazza242 said:

Nationwide Building Society are launching a new regular saver, called 'Flex Regular Saver (Issue 2)', paying 8.00%

• Deposit up to £200 per month
• The account is available to new and existing Nationwide current account customers
• You can make up to 3 penalty-free withdrawals
• It reverts into an instant access savings account after 12 months
• The account can be opened and managed online or via Nationwide's mobile app

It should appear amongst their list of accounts once launched.

Would be nice if they would offer a switch bonus again. One of the very few I haven't used for a switch incentive. 

Edit: Just googled when the last offer was and BOOM, they also launched a new offer for £200. 

https://www.nationwide.co.uk/current-accounts/switch/
https://www.nationwide.co.uk/current-accounts/help/terms/current-account-online-switch-offer-terms-and-conditions/

Lost track of when my last switch offer into Nwide was but just searched my inbox and had a switch complete in late August 2021 so ineligible for this one unfortunately.

Growingold

dealyboy said:

Kazza242 said:

Nationwide Building Society are launching a new regular saver, called 'Flex Regular Saver (Issue 2)', paying 8.00%

• Deposit up to £200 per month
• The account is available to new and existing Nationwide current account customers
• You can make up to 3 penalty-free withdrawals
• It reverts into an instant access savings account after 12 months
• The account can be opened and managed online or via Nationwide's mobile app

It should appear amongst their list of accounts once launched.

It is in the 'list of accounts' ... applying via internet banking ...

Same here, have tried several times .

dealyboy

Just a note on the Nationwide Flex Regular Saver, from the product T&Cs. The maximum you can make is £104 at the end of 12 months* (annual interest only). It is fixed term, variable rate. The maximum deposit is £200 per calendar month.

* if interest rate does not rise above 8%

MDMD

dealyboy said:

Just a note on the Nationwide Flex Regular Saver, from the product T&Cs. The maximum you can make is £104 at the end of 12 months* (annual interest only). It is fixed term, variable rate. The maximum deposit is £200 per calendar month.

* if interest rate does not rise above 8%

Most of the recent ones with good rates of 7% or 8% have been variable which makes it hard to predict the ultimate interest when the rates start to drop.

Was considering ditching Club Lloyds MS but it’s fixed. At the moment I’ll pay 40% on that which makes my ISA better

Bigwheels1111

Tried to apply, but want business name and address.
Will need to call first I think.
As a carer I don’t have either.

10_66

Bigwheels1111 said:

Tried to apply, but want business name and address.
Will need to call first I think.
As a carer I don’t have either.

Just a thought, maybe a silly one, but would it work if you put your own address in?