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Regular Savings Accounts: The Best Currently Available List!

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Comments

  • dealyboy
    dealyboy Posts: 1,943 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Have now successfully applied for Nationwide Flex Regular Saver 2 and transferred £200 into it.

    It was a bit of a laborious process and I was doing this in internet banking as an existing customer.
  • dealyboy said:
    Have now successfully applied for Nationwide Flex Regular Saver 2 and transferred £200 into it.

    It was a bit of a laborious process and I was doing this in internet banking as an existing customer.
    It took about 2 minutes as an existing member through the App so don't know why Internet banking would be any different or laborious!
  • 10_66 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?

    Tried that and did not work. After call putting home address worked ( Thanks ).
    Just off the phone.
    He checked all my details and changed one thing.
    Own, rent etc box as they did not have it on file.
    Account open, funded and standing order in place.
  • dealyboy
    dealyboy Posts: 1,943 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    @SFindlay said:
    dealyboy said:
    Have now successfully applied for Nationwide Flex Regular Saver 2 and transferred £200 into it.

    It was a bit of a laborious process and I was doing this in internet banking as an existing customer.
    It took about 2 minutes as an existing member through the App so don't know why Internet banking would be any different or laborious!
    ... it was 20 questions time ... probably about 3 minutes for me, but I'm not complaining.

    The last account I opened was the new Santander Easy Access Saver ... 1 question, 5 seconds ... done, again an existing customer in internet banking.
  • Kazza242
    Kazza242 Posts: 2,203 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 21 September 2023 at 8:44AM
    pookey 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.
    Thanks for sharing.
    Can I apply now and transfer £200 and then set up a standing order from the 1st of October please? 
    Yes, you can open the account now and transfer in £200 and then setup a standing order from 1st of October. 

    I applied successfully for the Flex Regular Saver (issue 2) account via the Nationwide mobile app and my account has been opened.    
    Please call me 'Kazza'.
  • Kazza242 said:
    pookey 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.
    Thanks for sharing.
    Can I apply now and transfer £200 and then set up a standing order from the 1st of October please? 
    Yes, you can open the account now and then setup a standing order from 1st of October. 

    I applied successfully for the Flex Regular Saver (issue 2) account via the Nationwide mobile app and my account has been opened.    
    Also to add as a slight aside unlike many banks Nationwide process internal SOs on non-working days so they would automatically transfer money into the flex regular saver on Sunday 1/10/23 so make sure you have funds in the account to cover it.
  • The rate as such is not flexable its fixed.
    Its 8%, it only changes if you make 4 withdrawls.
    I checked when I called.

  • refluxer
    refluxer Posts: 3,226 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    edited 21 September 2023 at 9:07AM
    The rate as such is not flexable its fixed.
    Its 8%, it only changes if you make 4 withdrawls.
    I checked when I called.

    The interest rate is variable, so could change. It's the 12 month duration which is fixed 
  • Thanks for this! All done and dusted through the app (took me to internet browser which I find a tad strange but easy enough).
    Only took 2-3 minutes.
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