Nationwide Flex Saver Interest Decrease

The 8% savings account (£200 max pay in per month), is now only 6.50% for new customers. Has any existing customer had notification of a rate decrease? Hope not!

Comments

  • grumbler
    grumbler Posts: 58,629
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    It's Flex REGULAR Saver.
    If they wanted to decrease the rate for existing customers now, there would be no need to create a new issue (Issue 3). This doesn't mean that they cannot do this later at some point.

    This is a board for current accounts. For savings there is Savings & investments board and a dedicated thread there for regular savers (see the last post at the bottom of the page and the following discussion).


  • stclair
    stclair Posts: 6,843
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    Mines still showing at 8%


    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
  • dealyboy
    dealyboy Posts: 1,691
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    edited 11 February at 11:01AM
    Flex Regular Saver Issue 2 - 8.00%
    Flex Regular Saver Issue 3 - 6.50%

    Different products. This may be of interest ... https://becleverwithyourcash.com/nationwide-flex-regular-saver-review/

    Many banks/building societies' savings accounts have different issues.
  • boingy
    boingy Posts: 1,171
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    It's also worth noting that the account lifespan is limited to 12 months so it's not like those folks earning 8% are going to do so forever (and it's a variable rate anyway).


  • steven141
    steven141 Posts: 22
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    edited 15 February at 10:37PM
    Can you have both the 8% one and the 6.5% one at the same time?
  • grumbler
    grumbler Posts: 58,629
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    steven141 said:
    Can you have both the 8% one and the 6.5% one at the same time?

    grumbler said:
    ... For savings there is Savings & investments board and a dedicated thread there for regular savers (see the last post at the bottom of the page and the following discussion).



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