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Regular Savings Accounts: The Best Currently Available List!

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  • I then tried to make a payment into it from my Santander account but it said the account number was not recognised. 
    From the email received after opening the account this morning

    Just so you know, if you’re paying in using another building society or bank, it may take up to 24 hours before they can find your new account details to make the payment.

    Usually updates overnight in my experience. There's something on Nationwide's end that means new accounts aren't immediately recognised by other banks.
  • OneUser1 said:
    I'm an existing NW member and have tried to open the new regular saver four times without success this morning. They are clearly having some problems, perhaps due to the number of applicants, or maybe some other IT issue. I think I'll wait until later today to see if the account appears on my internet banking and if not I'll try again. 
    I’m probably telling you something you already know but you need a Nationwide Current Account to open it. Not just an existing Nationwide Savings Account.
    Yes thanks I know. I have been a NW current account holder for 20+ years.
  • Bobblehat
    Bobblehat Posts: 837 Forumite
    Eighth Anniversary 500 Posts I've been Money Tipped! Name Dropper
    edited 21 September 2023 at 12:46PM
    Re New Nationwide RS ..... question for those who applied/viewed online .... roughly how long did it take from seeing the "Can't process application ...." message, to seeing the account appear online? TIA

    p.s. ... and did you ever receive an email regarding the application?
  • 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. :D

    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.


    I've had times when I have been paying 3k a month into R.S
    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
  • ForumUser7
    ForumUser7 Posts: 2,502 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Miser1964 said:
    Bobblehat said:
    Re New Nationwide RS ..... question for those who applied/viewed online .... roughly how long did it take from seeing the "Can't process application ...." message, to seeing the account appear online? TIA

    p.s. ... and did you ever receive an email regarding the application?
    No email, but the 'new' account was there and accepted deposit after 90 mins via app and web 
    Were you able to get past the income and employment section into the nominated bank account for withdrawals section please? Or did it fail before it reached that page?
    If you want me to definitely see your reply, please tag me @forumuser7 Thank you.

    N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.
  • castle96
    castle96 Posts: 2,994 Forumite
    Part of the Furniture 1,000 Posts
    "I've had times when I have been paying 3k a month into R.S"   Lightweight!
  • boingy
    boingy Posts: 1,938 Forumite
    1,000 Posts Second Anniversary Name Dropper
    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. :D

    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.


    I've got six on the go, total £1300 per month.
    If Nationwide manage to open the new RS account I'll be going up to seven accounts and £1500 per month.
  • Miser1964 said:
    Bobblehat said:
    Re New Nationwide RS ..... question for those who applied/viewed online .... roughly how long did it take from seeing the "Can't process application ...." message, to seeing the account appear online? TIA

    p.s. ... and did you ever receive an email regarding the application?
    No email, but the 'new' account was there and accepted deposit after 90 mins via app and web 
    I applied (not via App) at 9.00am. Screen said "Can't process application etc...." Never received an email & not showing in my accounts online. So just reapplied and account opened no problem.
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