Flexclusive Saver Savings Account
A branch based instant access account created exclusively to reward our Nationwide main FlexAccount customers.
Key features
- An interest rate of up to 2.00% gross p.a./AER variable
- Open your account with at least £1,000 in any
- Make unlimited withdrawals and unlimited deposits up to a maximum balance of £5,000,000
- Includes the reassurance of a Rate Promise to pay at least 1.50% above the Bank of England Base
Rate until 1 January 2014
- Created to reward our Nationwide main FlexAccount customers
Eligibility Criteria
To apply for a Flexclusive Saver account, you must hold a FlexAccount with a Visa debit card (not cash
card+) and:
- Have been paying in £750 (excluding internal transfers) a month for the last three months, or;
- Complete an account transfer to us (from a non-Nationwide account) using our Account Transfer
Service
If a joint application is made only the first named account holder must meet the main FlexAccount
customer eligibility criteria.
Interest Rates
Flexclusive Saver Issue 2 - Launched 1 February 2012
| Balance |
Free withdrawals per year |
Notice period/loss of interest for withdrawals |
AER% |
AER% including bonus |
Gross p.a.% |
Net p.a.% |
| £1 - £999 |
Unlimited
|
n/a |
0.10 |
n/a |
0.10 |
0.08 |
| £1,000+ |
Unlimited
|
n/a |
2.00 |
n/a |
2.00 |
1.60 |
- Rates for balances between £1 - £999 are fixed and rates for balances over £1,000 are variable
- Guaranteed to pay at least 1.50% above the Bank of England Base Rate until 1 January 2014 on balances of £1,000+. Any change to the rate will take place within one month of a change to the Bank of England Base Rate.
- Maximum 2 account holders. Only the first named account holder must meet the Nationwide main FlexAccount customer eligibility criteria.
- Minimum age 18
- Interest is calculated daily and paid annually on 31 December
You might also like to consider...
Current account
Don't have a Nationwide current account? Our FlexAccount could give you access to a range of exclusive
offers and discounts - all with no monthly fee.
Find out more
Fixed Rate Bonds
If you can invest a lump sum without needing to access it take a look at our savings bonds where you'll get a fixed rate of interest for the term of your account.
Find out more
ISAs
Cash ISAs are a tax-free way to save. Visit our ISA section to find out what ISAs are, how they work and for more information on ISA limits.
Find out more
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
The gross rate of interest is the interest rate payable before any income tax is deducted (if you do pay tax).
The net rate of interest is the interest payable after any income tax is deducted (if you do pay tax).
The tax information provided is based on our current understanding of current law and HM Revenue & Customs practice which can change.