Nationwide Regular Saver: Earn Up to £84 in Interest

If you're looking for a straightforward way to build savings while earning a decent return, Nationwide Building Society's Flex Regular Saver might be worth a closer look.

The account offers a competitive interest rate of 6.5% on deposits of up to £200 per month over a 12-month term. In practical terms, that means if you save the maximum amount each month without touching it, you could earn around £84.50 in interest by the end of the year — assuming rates don't change.

**Why regular savers matter**

Nationwide's head of retail recently highlighted these accounts to MPs as a tool to help everyday Brits develop a savings habit. The beauty of regular savers is that they encourage you to set aside money consistently, rather than trying to save a lump sum all at once. Many savers are already using them to move money out of current accounts that pay little to no interest.

Even building a modest savings buffer makes a real difference to your financial security. As Nationwide pointed out, starting a savings routine is a stepping stone to bigger financial goals — from handling emergencies to eventually getting on the property ladder.

**Check what else is available**

While Nationwide's 6.5% is competitive, it's worth shopping around. Other providers offer slightly higher rates:

- Principality Building Society: 7.5%

- Zopa: 7.1%

- First Direct and Co-operative Bank: both 7%

The difference might seem small, but on a year's saving of £2,400, an extra 1% could earn you around £24 more.

**What to do next**

Log into your Nationwide account or visit their website to check if the Flex Regular Saver suits your circumstances. Compare rates with other providers using comparison websites, then choose the account that works best for you.

If you're just starting your savings journey, don't worry about getting the absolute highest rate — consistency matters more than perfection. Any money moving from 0% interest to 6% or above is a win for your finances.

Source: Nationwide customers may see £84 payment land in accounts