If you have any questions about managing your Regular Savings account have a look at the frequently asked questions below, just click the question and the answer will appear underneath.

You can increase your balance by up to £1,000 a month but you don't have to make any payments at all if you ever need to take a break from saving.

  • you can set up a standing order or regular payment from your current account
  • using your cash card, you can pay money in at any Nationwide cash machine
  • you can transfer money in online or via Telephone Banking

Withdrawals can be made at any time:

  • by cash up to £500 per day at any Nationwide or LINK cash machine free of charge
  • by cash (up to £500 per day) or cheque (up to £500,000 per day) at any Nationwide branch
  • by transferring money in online or via Telephone Banking
  • with your card, you can also top up a pay-as-you-go mobile phone

You can view up to the last 15 months of transactions on your account via the Internet Bank.

Interest on your Regular Savings is paid annually on the 31 October.

If you already hold a Regular Savings account, you can continue to increase your account balance by up to £1,000 per calendar month in your existing account.

No, you may only hold one Regular Savings account whether it is in sole or joint names.

Yes, if you already hold a Regular Savings account, you can continue to increase your account balance by up to £1,000 per calendar month in your existing account and also open a Regular Saver account or a Flexclusive Regular Saver (eligibility criteria apply), where you can save up to an additional £500 per calendar month.

On 1 December 2016, your account will transfer to an Instant Access Saver or the nearest equivalent. We'll write to you nearer the time to confirm the terms and conditions and interest rate for this account and the options available to you.

This account can be closed at any Nationwide branch. Identification in the form of a passport or drivers licence (paper version or card with green paper counterpart) will be required.

From 6 April 2016 interest will be paid without tax deducted. You may need to pay tax on any interest that exceeds your Personal Savings Allowance. For more information please visit HMRC’s website at hmrc.gov.uk

We therefore no longer require you to complete an R85 to receive interest gross.

There are forms available online to change your name or address. These can be found within 'Other Services' on the Internet Bank. Alternatively you can pop into your local Nationwide branch.

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