From May 1 2020, credit interest of two percent AER (1.98 percent gross) on balances of up to £1,500 for the first 12 months. Answer 1 of 18: Hi all, Just wanted to clear things up in my head before we head to Orlando on June 25th :) I understand now that Nationwide now impose the Visa charge, which is 0.84% and then turning to 1% on July 1st this year. Find out more about the account benefits, interest rates and charges on FlexPlus, the Nationwide current account that offers you more. 7. they are making changes from 1st Nov this year. cash withdrawals/card payments) 2%. Direct Debits and Standing Orders. It doesn't have to be. I know some regulars here (myself included) use flex account card for foreign cash withdrawals - from November they will no longer be free, 2% + £1 per withdrawal. Just had my Flex Account blocked (aka soft hold) by Nationwide. Good while it lasted, I'm off to find my scissors! All my accounts have disappeared today. Just need some help - should i apply for a nationwide credit card or is abbey credit card good enough. I … UK/overseas electronic transfers £25. Find out why we use cookies and how to manage your settings. Alway polite always efficient and very professional. Life can be complicated. Also if some one has used these cards - Nationwide and the Abbey card what charges are applicable are there any hidden charges etc. Clare (0) Share on Twitter ; Share on Facebook; Embed Review; 27th April 2020. You can confirm our registration on the FCA's website (https://www.fca.org.uk). You can schedule payments to go out on a future date: if you want a future dated payment to leave your account tomorrow, it must be set it up by 10pm today 7 7. Nationwide says that to qualify, customers have to pay their monthly salary (minimum £750) into the account. You can apply for an arranged overdraft with FlexAccount at any time. Nationwide Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 106078. is the interest rate without tax deducted. Once you have one, you can keep it until you're 23. Nationwide FlexDirect – Earn 5% on £5,000. It's free to use, and there's no limit on the number of payments you can make. Never had this happen before with them. A good way to compare the cost of our overdraft with other overdrafts or other ways of borrowing is to look at the representative APR. Based on an assumed arranged limit of £1,200 and an interest rate of 39.9% a year (variable) Our website survey opens in a newwindow for you to complete once you'vefinished what you wanted to do. Cash withdrawals of £500+ - Please give the branch one full working day's notice (Saturday is not a working day).We'll try to accommodate withdrawal requests up to £2,000 immediately. You can confirm our registration on the FCA's website (https://www.fca.org.uk). Whatever’s best for you. Good while it lasted, I'm off to find my scissors! To help you understand the fees for this account, please read the Fee Information Document. *To open a FlexStudent account you must be aged 18 or over and accepted on a full time UCAS course that’s at least 2 years long. Some of the fees for this Nationwide FlexAccount basic account include: Unpaid item charge £15 per item. It has cost me £10 trying to get through as I need access to my money but this has been unsuccessful! We’ll take a look at your circumstances to see what we - Select this to show/hide the search box, menu - reveals log in & registration links for Internet Banking, - Select this link to expand/collapse product menu choices, Yes, I would like to take part in the website survey. APR stands for Annual Percentage Rate. Answer 11 of 18: Hi all, Just wanted to clear things up in my head before we head to Orlando on June 25th :) I understand now that Nationwide now impose the Visa charge, which is 0.84% and then turning to 1% on July 1st this year. I am in Cyprus for 3 months. Counter draft £10. I have just had notification from Nationwide that from 1st November it will charge 2% plus £1 for all cash withdrawals abroad from the current 1% so if you withdraw £100 worth of Rupees it will now cost £3 instead of £1. You can also continue to send money as normal from your account and move money between Nationwide accounts - but it's unlikely to go through straight away. Based on an assumed arranged limit of £1,200 and an interest rate of 39.9% a year (variable). For more information see our examples of current account charges Visa Debit card. I have a nationwide flex account cash card , is it still free withdraws in thailand of do you have to pay commission. 7. You’ll need to be 18 or over, and a UK resident. Nationwide FlexPlus reviews come from people like you! To see what charges we make for payments in other currencies and using your card abroad, see our using your cards abroad section. That’s why we’ve created FlexOne – our straightforward current account for teenagers and young people. Compare current accounts on loveMONEY. can offer you. 7. Hi just tried to open a flexi account online filled all the application out, and right at the end it said sorry but we can't offer you a nationwide account at the moment, stuff em Nationwide is not responsible for the content of external websites. It will depend on our view of your circumstances. Net p.a. Apple and Apple Pay are trademarks of Apple Inc., registered in the US and other countries. Our overdrafts page can help you compare our overdrafts, and find out how much one might cost. is the interest rate after the deduction of tax. This site uses cookies and by using the site you are consenting to this. Nationwide FlexDirect account: What's changing? We’ll need to check before we can offer you a loan, overdraft, or credit card. We are pleased with our Nationwide Flex Account, helpful customer service and easy to use online banking. With so many different current accounts now available, you can read these honest Nationwide FlexPlus reviews to find out what life as a Nationwide customer is really like. However, you can have two FlexDirect accounts as long as one is a joint account. need advice about nationwide flex account cash cards. It’s for comparing costs between different products and providers. Im reading lots of conflicting information so real examples would be handy. At the moment, it also provides a fee-free overdraft of up to £250 and pays in-credit interest of 3% AER on small amounts. Choose from a cash card or debit card. With FlexOne, we don't charge you anything for using your account. Non-Sterling transaction fee (incl. You need to be 11 to 17 to apply for a FlexOne account. Heads-up! Hi all, Can anyone give me a acurate answer to the following please. We've shown you the main rates and fees that most people want to know above. - Select this to show/hide the search box, menu - reveals log in & registration links for Internet Banking, - Select this link to expand/collapse product menu choices, Yes, I would like to take part in the website survey. We have a credit card just for our members who hold a current account, mortgage or savings account with us. If you're 11 to 17, opening your first bank account can seem scary. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.Gross p.a. Don’t worry, this won’t affect your credit score. Send up to £10,000 from my current account Looks like the days of free withdrawals are soon to be over. It’s free to open and use, though you do have to pay in at least £1,000 a month to get the interest. You just need to have enough money in your account. UK’s (and indeed the world’s) largest Building Society with branches in most parts of the UK. Nationwide Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 106078. If you live in a country that's part of the European Union (EU) or European Economic Area (EEA), you can apply for one of our current accounts. Pay in benefits or salary. I have just email complained to Nationwide asking them why I have to go to MSE to find out about clicking on 'service availability' when all they have to do is flag up that internet banking is unavailable? The APR shows the cost of borrowing as an annual rate. First warning sign was yesterday when a few ATMs were rejecting the card. This site uses cookies and by using the site you are consenting to this. :-( Stoofer Click on button below to go to Nationwide FlexAccount account page. Heads-up! I usually associate it with others banks who play this trick but not with the wondercard flex account. View all our current accounts, More about the Financial Services Compensation Scheme. Rejhas (0) Share on Twitter; Share on Facebook; Embed Review; 27th April 2020. It’s a good idea to consider different types of borrowing. (variable) on balances up to £1,000, You can make payments with your Nationwide debit cards using Apple Pay, Google Pay™ or Samsung Pay anywhere that contactless payments are accepted.†. Regards Enjoy all the benefits of having your money wherever, and whenever, you need it. Nationwide ProAccount is a managed account service that does the investment for participants who are unsure about choosing investments, or who simply lack the time or the desire to do it. Great Service. Nationwide FlexPlus is our long-standing top-pick packaged bank account, offering travel and mobile phone insurance plus breakdown cover for a £13 monthly fee. Note, this link will open in a new window or tab, No thanks, I would not like to take part in the website survey, Adults with parental responsibility - what you need to know, More about the Financial Services Compensation Scheme. You need to be 18 or over to apply for a FlexAccount. The popular insurance, which is supplied for worldwide travel as part of the £13-a-month FlexPlus current account and European trips on standard … Check your balance at home or on the go with text alerts, mobile and internet banking. Nationwide's FlexDirect account previously offered a five percent rate on balances up to £2,500 - provided £1,000 was paid into the account each month. Note, this link will open in a new window or tab, No thanks, I would not like to take part in the website survey, latest interest rates and charges leaflet, Not sure FlexAccount is for you? Nationwide’s FlexDirect current account pays 5% interest on balances up to £2,500 for the first 12 months. Find out why we use cookies and how to manage your settings. There’s a network of branches you can access across the UK, and there’s also a phone support line. Samsung and Samsung Pay are trademarks or registered trademarks of Samsung Electronics Co., Ltd. Use only in accordance with law. Bank Holidays - If your request falls over a bank holiday please allow an extra day, or an extra two days where there is more than one day's bank holiday. If you’d like to know what we can offer you before you apply, you can try our eligibility tool for FlexAccount. Samsung Pay is available on selected Samsung devices. Most bad credit accepted. If you're not sure what type of borrowing might suit you best, try our guide to the different types of borrowing. All rates and charges are subject to change and we may decide when to apply and waive any account charges. Thnx for your help. Google Pay is a trademark of Google LLC. Life can be complicated. Nationwide Building Society, the second-most-switched-to bank at the moment, is offering a FlexDirect account which could be right for you. If you’re 11 to 17, you can open a FlexOne current account. † Available on selected Apple devices only and compatible Android devices using Android 4.4 and higher. Nationwide Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 106078. For past rates and charges, see our current account support section. To find out more read the Fee Information Document. I have opened the flex account with Nationwide and also opened an Abbey Credit card. To understand more about how overdrafts work see our Understanding Overdrafts Leaflet. I know some regulars here (myself included) use flex account card for foreign cash withdrawals - from November they will no longer be free, 2% + £1 per withdrawal. :-( Stoofer That’s why we’ve created FlexOne – our straightforward current account for … The FlexDirect account is a current account from the Nationwide Building Society. This means you can earn 5% interest on up to £5,000. What Nationwide FlexBasic account offers: A basic personal account for those resident in the UK. £0.01 - £9,999.99 at a Nationwide branch to new or existing payees; £0.01 - £10,000 through ATMs to existing payees only. That's FlexOne. Our website survey opens in a newwindow for you to complete once you'vefinished what you wanted to do. Helping young people take control of their money. For the full list of all our current interest rates and other fees and charges please download our latest interest rates and charges leaflet (This link will open in a new window) . You can use the faster payment service to send payments of up to £10,000 at a time. Nationwide is not responsible for the content of external websites. It includes all the costs of borrowing including certain account fees and promotional rates. Staying in your arranged overdraft over a long period can be an expensive way to borrow. Internet, mobile and telephone banking. We can give you a personalised quote and tell you whether you're likely to be accepted before you are credit scored. The money can be sent to any account in the UK from your current account. The best option for you depends on the amount you want to borrow, and how long for. NATIONWIDE has announced it will cut the interest rates on its FlexDirect current account, which currently pays five percent interest on balances up to … You can confirm our registration on the FCA's website (https://www.fca.org.uk). With a simple set of overdraft fees and somewhere guaranteed for your savings, Nationwide FlexDirect pays 5% AER fixed for a year on £2,500 , which would give you a maximum £122.25 interest. No real loyalty after being a member for 35 years. 39.9% APR Representative (variable). i know you have to pay 1% for using nationwide visa debit cards. You need to be 18 or over to apply for a FlexAccount, FlexDirect, FlexPlus, FlexStudent or FlexBasic account. Our FlexOne account earns you monthly interest of 0.10% AER / 0.09% gross p.a. Future dated payments. 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