Nationwide Flex Regular Saver 6.5% AER (variable)

thegreenone

We've received £300 between us in Fair share payments this year having a current account with Nationwide.  We have a regular saver, which matures next month and will start another, if allowed after that. 

We save over 12 months to pay our council tax in full the following year and have a two month head start on the next year.

jimjames

Hal17 said:

KungfuKrazy said:

Sorry forgot to mention this is for existing Nationwide current account holders only

And if you already have their Iss 6 regular saver, you cannot apply for Issue 7 - just tried.

You can when it finishes. 

ThePirates said:

COOP 7% asked unlimited withdrawals.

If you're wanting an account to routinely pay in and out then a regular saver might not be the best option. To maximise your return it's best to pay in and leave it for the full 12 months. Some don't allow removed funds to be repaid so you'll get significantly less interest by the end of the year and a much lower total balance.

ThePirates

jimjames said:

Hal17 said:

KungfuKrazy said:

Sorry forgot to mention this is for existing Nationwide current account holders only

And if you already have their Iss 6 regular saver, you cannot apply for Issue 7 - just tried.

You can when it finishes. 

ThePirates said:

COOP 7% asked unlimited withdrawals.

If you're wanting an account to routinely pay in and out then a regular saver might not be the best option. To maximise your return it's best to pay in and leave it for the full 12 months. Some don't allow removed funds to be repaid so you'll get significantly less interest by the end of the year and a much lower total balance.

Yes, I get that I'm just suggesting this one is better than the Nationwide one.

Ch1ll1Phlakes

Think if you've managed to get onto the forum you've probably already seen this but will just link the MSE Regular Savers page (Regular savings accounts 2025: Earn up to 7.5%) as a very simple table to highlight some of the key rates but the Regular Saver Discussion Thread (linked above) will do the same in much more detail (Thanks to @Bridlington1)

Bigwheels1111

I have a few, 20 as of today.

One matures on the 30th and reopens the same day.

When the accounts under 6.0% mature i will let them drop off and not reopen them.

I hope to get 3/6 Principality Reg savers at 7.5% open as older accounts mature you get an option to open a new rag saver, Fingers crossed.

Monmouth 7.0% £1000 a month was the best one so far this year.

Principality 6% £ 50 First of the month. 21/24 Dec

Paid by Standing order from 

Pays out 21/12/25 Interest £

Principality 7.5% £200 First of the month. 06/06 Sep

Paid by Standing order from First Direct

Pays out 30/09/25 Interest £

TSB 6.0% £250 First of the month. 11/12 Oct

Paid by Standing order from 

Pays out 31/10/25 Interest £

Principality 7.0% £125 First of the month. 11/12 Oct

Paid by Standing order from 

Pays out 31/10/25 Interest £

M Harborough 6.0% £250 First of the month. 12/15 Nov

Paid by Standing order from 

Pays out 30/11/25 Interest £

Coventry 5.75% £250 20th of the month. 07/12 Dec

Paid by Standing order from 

Pays out 20/12/25 Interest £

Progressive 5.5% £300 First of the month. 07/12 Jan

Paid by Standing order from 

Pays out 02/01/26 Interest £

Zopa 7.5% £300 Sixth of the month. 07/12 Feb

Paid by auto transfer from 

Pays out 05/02/26 Interest £

West Brom 6.0% £250 First of the month. 07/12 Feb

Paid by Standing order from 

Pays out 19/02/26 Interest £

M Harborough 6.0% £250 First of the month. 09/15 Mar

Paid by Standing order from

Pays out 31/03/26 Interest £

Principality 7.5% £200 First of the month. 04/06 Nov

Paid by Standing order from 

Pays out 05/11/25 Interest £

Principality 5.4% £ 50 First of the month. 04/12 Apr

Paid by Standing order from

Pays out 18/04/26 Interest £

First Direct 7.0% £300 10th of the month. 04/12 May

Paid by Standing order from 

Pays out 13/05/26 Interest £

Skipton 6.25% £250 First of the month. 04/12 May

Paid by Standing order from 

Pays out 30/05/26 Interest £

Virgin Money 6.5% £250 First of the month. 01/12 Aug

Paid by Standing order from 

Pays out 01/08/26 Interest £

Principality 7.5% £200 First of the month. 01/06 Jan

Paid by Standing order from

Pays out 28/01/26 Interest £

Monmouth 6.0% £500 First of the month. 01/12 Jul

Paid by Standing order from 

Pays out 28/08/26 Interest £

Monmouth 7.0% £1000 First of the month. 01/12 Jul

Paid by Standing order from 

Pays out 28/08/26 Interest £

Principality 7.5% £200 First of the month. 01/06 Jan

Paid by Standing order from 

Pays out 28/01/26 Interest £

Nationwide 6.5% £200 First of the month. 01/12 Sep

Paid by Standing order from 

Pays out 24/09/26 Interest £

Principality 7.5% £200 First of the month. 01/06 Jan

Paid by Standing order from 

Pays out 28/03/26 Interest £

Newbie_John

With such large number tax implications may be worth considering. If you're on 20% tax band then 20% of 6% is relatively 4.8% which is still good but.. S&S ISA may be much better option.

friolento

Newbie_John said:

With such large number tax implications may be worth considering. If you're on 20% tax band then 20% of 6% is relatively 4.8% which is still good but.. S&S ISA may be much better option.

I reckon it’s safe to assume that those expecting to get taxed on their savings interest will have maxed/secured their ISA allowance before putting money into other accounts 

clairec666

friolento said:

Newbie_John said:

With such large number tax implications may be worth considering. If you're on 20% tax band then 20% of 6% is relatively 4.8% which is still good but.. S&S ISA may be much better option.

I reckon it’s safe to assume that those expecting to get taxed on their savings interest will have maxed/secured their ISA allowance before putting money into other accounts 

Also a S&S ISA serves a different purpose from regular saver accounts that only last a year - it's best as a longer-term investment.

easysaver

Newbie_John said:

With such large number tax implications may be worth considering. If you're on 20% tax band then 20% of 6% is relatively 4.8% which is still good but.. S&S ISA may be much better option.

Let's get the balance correct. A S&S ISA may be a much better option or it may be a much worse option, in the limit you could lose your entire investment. You need to compare apples (aka risk) with apples. S&S is an entirely different risk profile, depending on what you invest in that is.

jimjames

Newbie_John said:

With such large number tax implications may be worth considering. If you're on 20% tax band then 20% of 6% is relatively 4.8% which is still good but.. S&S ISA may be much better option.

Why better, you're assuming one or the other? I have both, you need to keep some cash for emergency fund etc so I have the RS accounts for that and the S&S ISA for long term money.