What has happened to nationwide loyalty saver?

The building society’s Loyalty Saver account was launched seven years ago and offers increasing rates of interest the longer the customer was a Nationwide member. It has now been closed to new customers, and information about it removed from Nationwide’s website.

What is a nationwide Loyalty Saver account?

This account is designed for those who want to save money over time, but still want access to their money.

What is the best savings rate with the nationwide?

We’ve found 15 savings accounts for you

Account name	Interest rate	Designed for
Flex Instant Saver Unlimited access to your savings. Just for Nationwide current account holders.	0.35% AER/gross a year (variable) for 12 months	Nationwide current account holders

What is a flex one regular saver?

This account is designed for individuals aged between 11 and 23 who also hold a FlexOne account and want to save money on a regular basis.

How do I close my Nationwide Loyalty Saver account?

You need to log in to the Internet Bank, then:

Choose the account you want to close.
Choose Other Account Services.
Choose Close Account.
Follow the instructions.

How do I pay into my Nationwide Loyalty Saver account?

You can pay in with your passbook (if you have one) at your nearest branch. All cheques paid in via a Nationwide branch before 7pm (Monday to Friday) will clear by 11.59pm the next working day.

Can I have more than one regular saver?

You can only hold one Regular Saver account at a time (including its open-to-all account, which pays a decent 1% fixed for a year). After a year the accounts are transferred to an easy-access account at a much lower rate, so check then for better options.

How do regular savings accounts work?

With a regular savings account, you commit to paying in a certain amount each month. In return, the bank or building society gives you a higher interest rate than you’d get with their current account or ordinary savings account.

Will interest rates go up in Canada 2021?

Bank of Canada Rate Forecast for 2021: Stable at 0.25% Despite rising asset and commodity prices, the Bank of Canada has signalled that their Target Overnight Rate will remain stable at 0.25% for 2021. We expect to BoC to maintain their commitment and do not expect any rate changes by the end of 2021.

Is it better to get a fixed or variable mortgage?

Variable-rate mortgages generally offer lower rates and more flexibility, but if rates rise, you may wind up paying more later in your term. Fixed-rate mortgages may have higher rates, but they come with a guarantee that you’ll pay the same amount every month for the full term.