Regular Savings Accounts: The Best Currently Available List!

dealyboy

@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

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.    

Bridlington1

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.

Bigwheels1111

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

Bigwheels1111 said:

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 

Bazzalona13295

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.

friolento

Bridlington1 said:

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.

My internal SOs get processed on the next working day.

ColdIron

Non working days for Internal Standing Orders

It's been this way for as long as I remember

Bigwheels1111

Am I going mad or is £1250.00 a month in Regular savers a bit over board.

That is £15,000 a year.

No wonder I have no cash.

First Direct 7% £300 First of the month.

Skipton 7.5% £250 First of the month.

YBS 7% £500 First of the month.

Nationwide 8% £200 First of the month.

jim1999

Bigwheels1111 said:

Am I going mad or is £1250.00 a month in Regular savers a bit over board.

That is £15,000 a year.

No wonder I have no cash.

First Direct 7% £300 First of the month.

Skipton 7.5% £250 First of the month.

YBS 7% £500 First of the month.

Nationwide 8% £200 First of the month.

Yeah, in the old days I'd tend to find mine were staggered somewhat, so there would be one ending every couple of months and the money would roll over, but with the quick changes to base rate this year I've got loads that started together, so I'll have a lot tied up in ~6 months' time.