Nationwide prize draw.

wiseonesomeofthetime

As you can only hold one Start To Save account, if they do release a new one, then many may not reach the 2023 term of the current one, choosing to ditch and switch instead.

[Deleted User]

Daliah said:

Deleted_User said:

The start to save final (currently, as they did extend it before) draw is on the 24th 

Nationwide has announced that they plan to launch a replacement for Start To Save

Cool but the current one is a two year doodad, I don't mind closing it if they do this but I am keeping funds going in for the moment at least until the anniversary in case they add another draw, fingers crossed!

[Deleted User]

fly-catchers said:

I assume you are automatically signed up unless you opt out? I have had an account for about 10 years now but only found out about it through this forum.

The savers one, yes, so long as you hold a qualifying product and aren't excluded for some reason.

The start to save rules are a bit different as you have to increase your balance by £50 every month for the 3 months before the draw which is in January (unless they add another)

williewonder

I haven't won anything on the Start to Save but have managed to save £2.200 since in began with is a bonus.

[Deleted User]

williewonder said:

I haven't won anything on the Start to Save but have managed to save £2.200 since in began with is a bonus.

Well, apart from the pitiful interest rate but that's another story. I only do £50 a month as 1% is terrible 

where_are_we

 1% is at the bottom range for a RS but in its favour you have about 1 in 50 chance of £100 (perhaps my luck will be in on this last draw!) and you are allowed withdrawals. Nationwide have a few accounts paying .01% - now that is terrible!

newatc

I won £100 sometime last year which made it worthwhile.

[Deleted User]

where_are_we said:

 1% is at the bottom range for a RS but in its favour you have about 1 in 50 chance of £100 (perhaps my luck will be in on this last draw!) and you are allowed withdrawals. Nationwide have a few accounts paying .01% - now that is terrible!

If you take money out you don't qualify for start to save draw unless you replace it - the rules are you must grow the balance by £50-£100 a month. I keep it because as you say, there is a chance of the £100 and it qualifies for the other saving draw!

It's the only RS I have now, except for the NatWest one for £50 a month, the 19-20% growth from my S&S ISA is a better place for my savings and probably will be for another few years, note how the interest rate rise has gone on mortgages but not savings...

where_are_we

Farfetch - You are saying you don`t have a Nationwide Flex Regular Saver? This is much better than the Start To Save account. It pays 2% on £200 a month and allows 4 withdrawals a year.

General_Grant

where_are_we said:

Farfetch - You are saying you don`t have a Nationwide Flexclusive Regular Saver? This is much better than the Start To Save account. It pays 2% on £250 £200 a month and allows 3 4 withdrawals a year.

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