Nationwide Flex Regular Online Saver

You can only be the first named account holder of one regular saver flexclusive regular saver or flexclusive regular saver 2 account which can be held in either sole or joint names. Flex regular online saver this account is designed exclusively for our current account members who want to save regularly but also need access to their money and want to manage their account online. Nominated account means the account which you have nominated to make withdrawals into which is either.

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The building society is axing its.

Nationwide flex regular online saver. Nominated account means the account which you have nominated to make withdrawals into which is either. Nationwide says it will be closing the account at the end of the business day on 5. Flex online saver nationwide has today launched a new flex online saver with an interest rate of 0 50 aer gross p a. Nationwide building society is withdrawing its flex regular online saver as it is not reaching its target market.

Helping people save has always been at the heart of what we do explore our range of savings accounts and gain access to help support and tools for savers. The account currently pays 5 aer variable interest and allows you to save up to 250 each month meaning you can earn up to 80 64 interest a year assuming you don t pay tax on your savings. Savers looking to tuck some spare cash away each month should consider opening nationwide s top paying regular savings account now before it s pulled on friday. The account which is an instant access savings product for main current account members can be opened and managed digitally via nationwide s internet bank and banking app.

The term of flexclusive regular saver 2 is fixed for 12 months from the date of opening. If you re a nationwide current account holder and wish to open one you must do so before 11 59pm on friday 5 april. When the 12 months are up your funds will be transferred into a flexclusive saver account or if not available the nearest equivalent instant access savings account. The account can be held in trust provided that the account beneficiary meets all other conditions for holding this account.

You can choose to have interest paid to you by having it added to this account or by asking us to pay it into a different nationwide current or savings account as long as it is possible to make interest payments into that account or a current account with another building society or bank. Savers seeking a hefty return on their cash will find it more difficult from friday following nationwide s decision to pull the plug on the flexclusive regular online saver. Interest is paid annually on 31 december each year and on the date your account is closed. Flex regular online saver this account is designed exclusively for our current account members who want to save regularly but also need access to their money and want to manage their account online.