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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.

• 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.

If you're a member with a main current account with us, you can open a Flex Regular Online Saver (subject to the eligibility criteria). It's quick and easy to open using the Internet Bank or Banking app (if you are registered). Alternatively, you can apply via nationwide.co.uk or, if you need some assistance, in branch.

Please wait until your account has matured before applying for a Flex Regular Online Saver, as you can only hold one of these accounts at a time.

If you open a new Flex Regular Online Saver and want to continue adding funds regularly, then a new standing order will need to be set up with the new accounts details.

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.

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.