Future Saver Ex/C - Nationwide Building Society

Future Saver Ex/C

Nationwide Building Society
3.5 % AER
Headline Interest Rate
Easy Access
FSCS
Compensation Scheme
£ 1 min initial deposit
£ 5,000 max balance
  • Open By:

About the account

Account Type: Easy Access
Headline Interest Rate: 3.5 % AER
Headline Interest Balance: £ 1
Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
Minimum Initial Deposit: £ 1
Date account was introduced: 20 Sep 2018

This account may be appropriate for you if

  • You are under 15 years of age

Rate details

Gross Rate
Excluding Bonus
Gross Rate
Including Bonus
AER
£10.50%3.50%3.50%

Account access

Open account byManage account by
Bank
Post
Phone
Internet
Interest Payment Option
Interest Added to Account
Interest Paid to Other A/c
Interest Paid to Bank A/c
Interest Paid by Cheque
Interest Payment Frequency: annually
Minimum Balance: £ 1
Maximum Balance: £ 5,000
Statement Frequency: annually
Additional Deposits: Not allowed
Standing Orders: Not allowed
Passbook: Passbook available.

Withdrawals

Withdrawal Conditions: The rate includes a bonus subject to a maximum of 1 withdrawal per Account year. Further withdrawals are permitted however a lower rate of interest will be paid for the remainder of the Account year. Account year means the 12-month period from the date that the account was opened and each subsequent period of 12 months thereafter.
Minimum Withdrawal: £ 1

Conditions

Existing Customer: To be eligible for a Future Saver the account holder must be a main current account customer with Nationwide Building Society. This means that they must either: Hold a FlexOne, FlexStudent, FlexGraduate, FlexDirect or FlexPlus account, or hold a FlexAccount and have: * been paying in £750+ for the last 3 months (excluding transfers from any Nationwide account held by account holder or anyone else); or *completed an account switch to them (from a non-Nationwide account) using their Current Account Switch Team in the last 4 months.
Trustee Types: This account can be opened by an adult aged 18 or over and managed on behalf of the child if the child is aged 15 or under.
Additional Subscriptions Permitted: This account does not let you transfer ISA savings from a deceased spouse

Moneywise Best Buys

Savings Accounts

ProductAER
First Direct Regular Saver - first direct5%
HSBC Regular Saver - HSBC5%
M&S Bank Monthly Saver - M&S Bank5%
Santander 123 Regular eSaver - Santander3%