In addition to the general terms and conditions, the following conditions apply to Flexclusive Saver. If there is a conflict between the general terms and conditions and these Flexclusive Saver conditions, the Flexclusive Saver conditions will take priority.

Account holding and ownership

  1. This account is available to customers aged 18 or over who meet one of the following three criteria:
    • Hold a FlexOne account and be aged 18 or over, or hold a FlexAccount and:
      1. have been paying in £750+ a month for the last 3 months (excluding transfers from any Nationwide account held by you or anyone else); or
      2. completed an account switch to us (from a non-Nationwide account) using our Current Account Switch Team in the last 4 months; or
    • Hold a FlexStudent account and have paid in £1,500 in at least 2 transactions in the last 12 months; or
    • Hold a FlexDirect or FlexPlus account.
  2. The account can have a maximum of two joint account holders and only the first named account holder must meet the eligibility criteria
  3. The minimum deposit to open the account is £1, with a minimum operating balance of £1
  4. The maximum balance on the account is £5 million
  5. Nationwide reserves the right to limit the number of Flexclusive Saver accounts you can have
  6. If you no longer meet the eligibility criteria we may transfer the account to a Nationwide CashBuilder account or nearest equivalent instant access account to CashBuilder


  1. Interest is paid annually on 31 December each year into the account, a Nationwide current account or savings account (subject to the terms and conditions of that receiving account) or a current account with another bank or building society.
  2. We will calculate interest on each whole pound in the account.
  3. The interest rate payable on the account is variable.
  4. At any time that the interest rate is linked to the Bank of England base rate, changes to the rate will take place within one month of a change to the base rate.

Taking money out

  1. You can withdraw any available funds in the account without notice or loss of interest.