The Top Regular Savers Discussion Thread

snookerloopy96 · 25 August at 7:08PM

Nationwide Flex Saver.

I've got a short term cashflow problem, literally 24 hours.

I know I can withdraw from this account but can I replace it up to the 200?

KneadtheDough · 25 August at 7:12PM

https://forums.moneysavingexpert.com/discussion/comment/82114608#Comment_82114608

Yes, as far as this comment from @clairec666 mentions (scroll down to the Nationwide bit):

https://forums.moneysavingexpert.com/discussion/comment/82103548#Comment_82103548

clairec666 · 25 August at 7:15PM

https://forums.moneysavingexpert.com/discussion/comment/82114608#Comment_82114608

T&Cs say you can withdraw and replace within the same month, as long as your balance does not increase by more than £200 each month. That would imply that you can withdraw everything, i.e. if you're account's been going for a while and you've got £2000 in it, you can withdraw the whole lot and put it in again before the end of the month. I've never done this but surely someone else can confirm. Also check the weekend / bank holiday payment situation so you don't get caught out.

snookerloopy96 · 25 August at 7:17PM

Thankyou both, I did look at terms and conditions but couldn't find the crucial bit.

I did/do think you can but wanted to be sure.

Thanks again!

allegro120 · 25 August at 8:25PM

https://forums.moneysavingexpert.com/discussion/comment/82114464#Comment_82114464

Rightly or wrongly, I left Lloyds at its current state. My 5.25% matured not long after they've restricted to one only, so I couldn't renew it anyway. My Club is maturing 6th March, long way to go, but I decided to let it run to maturity. According to my calculation (providing Cahoot keeps the rate until then), I could gain £16 if I closed the old Club and opened new RS, but not brave enough to risk🙂 It was easy to make this decision with BoS because I wouldn't be too disappointed loosing 5.5%.

allegro120 · 25 August at 8:44PM

https://forums.moneysavingexpert.com/discussion/comment/82114516#Comment_82114516

MonBS

Due to a glitch, I ended up with two identical accounts. One worked and has now matured. The other one didn't, I tried to fund it three times, but every deposit was returned the next day. The account eventually disappeared from the app. I guess it's just a matter of luck, like with Principality where some people could get multiple accounts and others didn't. I was lucky to renew most of mine when the crackdown was already in place, at the peak I had 6 6Ms and 2 Christmases.