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Regular Savings Accounts: The Best Currently Available List!

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  • tg99
    tg99 Posts: 1,248 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    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.
  • 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
    dealyboy Posts: 1,927 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 21 September 2023 at 6:15AM
    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
    MDMD Posts: 1,552 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    edited 21 September 2023 at 6:30AM
    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
  • 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
    10_66 Posts: 3,446 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    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?
  • dealyboy
    dealyboy Posts: 1,927 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.
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