Nationwide e-Savings Plus Ex/C

Earn a great rate and have access to your internet savings with our e-Savings Plus account. If you\\\'re a Nationwide FlexAccount holder, you can set up a high interest internet savings account online - and take advantage of our great 2.00% gross p.a./AER rate.

Nationwide e-Savings Plus Ex/C Details

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for the Nationwide e-Savings Plus Ex/C
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Nationwide e-Savings Plus Ex/C Features & Benefits

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Feature / BenefitSummaryDetailsRating
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Application Criteria:
Existing Customer OnlyyesE-Savings is an internet savings facility to be used with Nationwide's current account - FlexAccount. All transactions are made via the FlexAccount through the Nationwide's Online Banking site. 
New Money OnlynoNot applicable. 
Minimum Initial Investment£1The minimum investment is £1.5/5
Minimum Age16 yearsThe minimum age for investors is 16 years. 
Introductory Rates:
Introductory Bonus0%No introductory bonus payable. 
Rates:
Rate TypevariableThe type of interest rate is variable. 
Headline Interest Rate2.00%The headline interest rate is 2.00% AER.3/5
Rate Tierssee details
Gross RateGross RateAER Excluding Bonus Including Bonus £12.00%2.00%2.00% ...expand
 
Tax FreenoThis product is not tax free. 
Interest Payment FrequencyannuallyInterest is paid annually on 31st March. 
Interest Rate Guaranteesaer tracks bbr until 01/01/2011The AER for customers making 3 or fewer withdrawals p.a. will pay at least 0.25% more than the Bank of England Base Rate until 1 Jan 2011. 
Children's Savings:
Children's Savings Accountnono 
Account Access:
Account TypeEasy AccessEasy Access 
Opened OnlineyesThe account can be opened via the Internet. 
Online AccessyesTransactions can be carried out via the Internet. 
Opened at BranchnoThis account cannot be opened at a branch. 
Branch AccessnoTransactions cannot be made at a branch. 
Opened by PhonenoThis account cannot be opened by telephone. 
Phone AccessnoTransactions cannot be made by telephone. 
Opened by PostnoAccount cannot be opened by post. 
Postal AccessnoTransactions cannot be made by post. 
Account Management:
Instant Access to SavingsnoThis is not an instant access account. 
Minimum Balance£1The minimum balance is £1.5/5
Minimum Withdrawal£1The minimum withdrawal is £1. 
Maximum Number of Withdrawals3 withdrawalsThe maximum number of withdrawals permitted per year is 3 to earn the cited interest rate.2/5
Withdrawal Conditionsyes
Withdrawal Conditions - Up to 3 free instant access withdrawals each year. Lower rates apply to customers making 4 or more withdrawals. Withdrawals can...expand
 
Additional InformationnoneNo additional information. 
Available to TrusteesyesThis account is available to trustees. 
Fees & Charges:
Penalty on All WithdrawalsnoThere is not a penalty on all withdrawals. 
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