Nationwide Regular Savings
Full product details for the Nationwide Regular Savings. This a is regular savings account. to achieve the interest rates shown... Compare with other savings.
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Nationwide Regular Savings Features & Benefits
| Account Type | Regular Saver | |
| Rate Type | variable | The type of interest rate is variable. |
| Headline Interest Rate | 2.5% | The headline interest rate is 2.50% AER. |
| Headline Interest Balance | £1 | 1 |
| Maximum Number of Withdrawals | Unlimited | The maximum amount of withdrawals permitted each year to earn the citied interest rate is ul. |
| Minimum Monthly Investment | £1 | There is no minimum for monthly payments. |
| Online Access | yes | Transactions can be made via the internet. |
| Branch Access | yes | Transactions cannot be made at a branch |
| Phone Access | no | Transactions by phone are not allowed |
| Withdrawal Restrictions | no notice, penalty or charge | No notice, penalty or charge on withdrawals. |
| Introductory Bonus | 0% | No introductory bonus payable. |
| Withdrawal Notice | 0 days | No notice, penalty or charge on withdrawals. |
| Minimum Initial Investment | £1 | Minimum investment of £1. |
| Minimum Number of Payments | 12 | The minimum number of payments required to receive the cited interest rate is 12 |
| Availability | restricted | This is a regular savings account. To achieve the interest rates shown investors must increase their monthly balance by £500-£1,000 per month. If the account balance increases by less than this, or not at all, in a month, a lower rate of interest will apply to the whole balance. Withdrawals also affect the monthly balance increase, e.g. a monthly payment of £500 followed by a withdrawal of £250 would mean the monthly balance had increased by £250. Balances increases of £200-£499 per month will receive a rate of 1.85% on the whole balance for that month, balance increases of £100-£199 will receive a rate of 1.35% on the whole balance for that month, balance increases of £1-£99 will receive a rate of 0.10% on the whole balance for that month. |
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