Nationwide is a popular provider, especially because it is a building society rather than a bank. This means it is owned and run for the benefit of its shareholders, making it more attractive to some.
Another attractive element of Nationwide at the moment is one of its savings accounts.
The Flex Regular Saver is proving increasingly popular with one of the leading rates currently available.
Those using this account will benefit from a 2.50 percent gross interest rate on the money they put aside.
They should be aware, however, this is variable, meaning Nationwide can change this at any time.
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For joint accounts, only one person needs to have a Nationwide current account.
A Flex Regular Saver can be opened on the Nationwide website, using the start application button.
People can only have one Flex Regular Saver account in their name at any time.
They will also not be able to open this account in trust for the benefit of another person.
At the end of the account’s term, money saved is moved to an instant access account with a lower rate.
NATIONWIDE is offering a competitive interest rate on savings, but Britons will need to act fast if they want to secure the offer.