The term of Flexclusive Regular Saver 2 is fixed for 12 months from the date of opening.

When the 12 months are up, your funds will be transferred into a Flexclusive Saver account, or if not available the nearest equivalent instant access savings account. The terms and conditions and the interest rate applicable to that account, at that time, will apply.

What happens when your account matures?

  • You'll receive a letter at least 30 days before your account matures, giving details of what will happen.
  • Your interest rate and the name of your account will change.
  • Your account number will stay the same.
  • Any standing order that transfers funds into your Flexclusive Regular Saver 2 will continue until you cancel it.

What are my options?

Transfer the balance to an existing account

You have the option to transfer the balance in your Flexclusive Saver to an existing account. Account switching can be completed:

  • on the Internet Bank and Banking app (if you are registered). This can be found under the Move money and manage payments tab.
  • in branch.

Transfer the balance to a new account

You have the option to transfer the balance in your Flexclusive Saver to a new account. Account switching can be completed:

  • on the Internet Bank (if you are registered) as part of your application.
  • on .co.uk as part of your application. Apply for a new savings account.
  • in branch. 

Close your account

If you move your money to an existing or new account, you can close your Flexclusive Saver. You can do this on the Internet Bank (if you are registered) or in branch.

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