We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Nationwide Regular Saver.

245

Comments

  • RG2015
    RG2015 Posts: 6,174 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    schiff said:
    FP from an outside account on the FWDOTM and then FPs to the two RSs. Bit of a faff but that day is always busy.
    FWDOTM?

    I tried Googling it but all I got was another post on this site by @schiff
  • Section62
    Section62 Posts: 10,515 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    RG2015 said:
    schiff said:
    FP from an outside account on the FWDOTM and then FPs to the two RSs. Bit of a faff but that day is always busy.
    FWDOTM?

    I tried Googling it but all I got was another post on this site by @schiff
    First Working Day Of The Month.

  • RG2015
    RG2015 Posts: 6,174 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 24 November 2021 at 5:39PM
    Section62 said:
    RG2015 said:
    schiff said:
    FP from an outside account on the FWDOTM and then FPs to the two RSs. Bit of a faff but that day is always busy.
    FWDOTM?

    I tried Googling it but all I got was another post on this site by @schiff
    First Working Day Of The Month.

    Actually this raises a valid issue.

    Nationwide actions transactions on non working days. Therefore an internal regular payment can be set up on the FDOTM even if it is a weekend or bank holiday. Might result in a couple of pence extra interest!

    Very Money Saving Expert thinking.  :)
  • Section62
    Section62 Posts: 10,515 Forumite
    10,000 Posts Fourth Anniversary Name Dropper
    RG2015 said:
    Section62 said:
    RG2015 said:
    schiff said:
    FP from an outside account on the FWDOTM and then FPs to the two RSs. Bit of a faff but that day is always busy.
    FWDOTM?

    I tried Googling it but all I got was another post on this site by @schiff
    First Working Day Of The Month.

    Thanks. The best Google answer was First dog on the moon.
    Much more exciting.

    And would still make sense if it was the 'First working dog on the moon'.

    Or 'woofing'. ;)
  • where_are_we
    where_are_we Posts: 1,290 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Made £200 deposit by internal transfer from NW current account after I had loaded a FP from my hub account. I will wait until tomorrow before setting up 11 SO`s (1/12/21 to 1/10/22) direct from my hub account. I only have a few pounds in my NW current account so will not be funding 11 SO`s from it.
    The loyalty requirement of having a NW current account to open this RS is proof of the general adage -  keep accounts open with very little money in it in case something good comes up!
  • ColdIron
    ColdIron Posts: 10,193 Forumite
    Part of the Furniture 10,000 Posts Hung up my suit! Name Dropper
    Any reason you are not setting up an SO for 01/11/22? As far as I can see you are only restricted to £200 per calendar month so 13 payments seems permitted
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    ColdIron said:
    Any reason you are not setting up an SO for 01/11/22? As far as I can see you are only restricted to £200 per calendar month so 13 payments seems permitted
    I will make 13 deposits (plus the manual one I did today).
  • RG2015
    RG2015 Posts: 6,174 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 24 November 2021 at 8:46PM
    Daliah said:
    ColdIron said:
    Any reason you are not setting up an SO for 01/11/22? As far as I can see you are only restricted to £200 per calendar month so 13 payments seems permitted
    I will make 13 deposits (plus the manual one I did today).
    The terms state a maximum of £200 per calendar month and a fixed term of 1 year. I make that 13 months from November 2021 to November 2022.

    I do not believe that 13 deposits plus the manual one today (ie 14 deposits) would be allowed.
  • stephenadarglas
    stephenadarglas Posts: 231 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Lot of fuss over circa £24 interest

★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture