Full product details for the Nationwide FlexAccount current account. Free Multi-trip European insurance cover, Interest-free overdraft for 3 months, No monthly fee, Independently rated 5 star by Defaqto. Compare with other current accounts.
from 176 ratings
176 customers rated their Nationwide current account as 4.1 out of 5 in our 2010/2011 Consumer Finance Awards.
If you use an overdraft limit of £1,200 the interest rate charged will be 18.9% EAR (variable).
Account Type
overdraft
Monthly Charge
£0
There is no monthly servicing charge.
Minimum Monthly Credit
£0
No minimum monthly credit required.
Interest Free Overdraft Limit
none
An interest free overdraft facility is not available.
Standard Overdraft Rate
18.9%
The annual authorised overdraft rate is 18.90% EAR.
Headline Interest Rate
0%
The headline interest rate is 0% AER.
Reward Payment
£0
No reward payment payable.
Minimum Investment
£0
There is no minimum investment required.
Internet Banking
yes
Branch Banking
yes
This account can be operated through a branch. Customers can also withdraw cash and check their balances at any Post Office free of charge.
Telephone Banking
yes
Nationwide's Telephone Banking Service is available. A telephone Self Service Banking facility is also available. This uses speech recognition technology as well as 'touch tone' functions. Through this the customer can access their account 24 hours a day, 7 days a week. Telephone Self Service will allow the customer to: - Check balances(account & available balance) - Listen to recent transactions (last 6 transactions) - Make payments to an existing Bill Payment arrangement - Make real time transfers to other Nationwide accounts
Account Promotions
yes
Commission Free Travel Money Preferential savings rates, exclusively available to current account holders. Preferential unsecured loan rate available to FlexAccount debit card customers. 90% mortgage exclusively available to main account Flexaccount customers.. An additional 3 months at 0% on purchases on Nationwide's credit card for main account Flexaccount customers.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Minimum Monthly Credit
£0
No minimum monthly credit required.
Minimum Contract Term
0 months
Not applicable.
Minimum Age
16 years
Customers must be over the age of 16 to open this account.
Maximum Age
Unlimited
There is no maximum age limit.
Minimum Income
£0
No minimum income required for use of this account.
Minimum Investment
£0
There is no minimum investment required.
Maximum Investment
£5,000,000
The maximum investment allowed on this account is £5000000.
Student Bank Account
no
This is not a student bank account.
Graduate Bank Account
no
This is not a graduate bank account.
Area Restrictions
none
There are no area restrictions that apply to this account.
Get our free money saving newsletter
Join over 480,000 other subscribers who grab our expert money tips, unmissable money guides & hottest bargains each week in our special email...
Just saved loads and got very cheap delivery. Thanks
Gail
Excellent site. Very easy to navigate. Appreciate the alerts.
Margaret M.
Well explained in a language that even i can understand. A helpful warning for the future.
Clear, concise and easy to follow!
Vera
This site got me a great deal on a london hotel stay for January 2012.
Wendy
This site is fab and saved me sooooooooo much money, keep up the good work.
Angie G.
Easy to use site with excellent information on money saving ideas.
Duncan
Love, love, love it. Just ordered myself a second pair of glasses for a very reasonable price thanks to this website!!!!
Kayleigh
Love the new lay out, quick and easy to use. The deals are great thank for hunting the down for us. Keep up the great work.
Kimberley Y.
The site was written in terms that were easy to understand and everything was made clear. Thank you.
Julia M
Compare Nationwide FlexAccount With These Current Accounts