Nationwide Building Society: FlexPlus

Nationwide Building Society
Product summary:Monthly fee gets you interest on balances. Travel, mobile and breakdown insurance. Commission free withdrawals.
Moneywise verdict:This fee-charging account is a genuine enhancement of the free FlexDirect account, paying increased interest and offering better overdraft terms in addition to insurance. Commission-free cash withdrawals are great for frequent travellers.
Account ratings
Account ratings
Online service - 4.63
Call centre service - 4.38
Branch service - 4.53
Trustworthiness - 4.66
Opening the account
Minimum Income £0
Minimum Age 18 years
Maximum Age -
Existing customers only -
Area restrictions There are no area restrictions that apply to this account.
Overdrafts and charges
Monthly Charge £10
Overdraft facilities
Automatic overdraft facility £0
Interest Free Overdraft Limit £100
Authorised overdraft rate 0% APR/EAR
Unauthorised overdraft rate 0% APR/EAR
Overdraft related charges Paid item max fee - £0
Paid item max no - 0
Unpaid item max fee - £0
Stepped cheque charge - £5
Overseas charges (Europe only) Forex fee - 0%
Charge for £100 ATM withdrawal - £0
Charge for £100 debit card transaction - £2
Account charges ATM withdrawal - £0
Transactions - £0
Bankers draft - £0
Special clearance - £0
CHAPS - £20
Duplicate statement - £5
Interest rates and other incentives
Headline interest rate 3% AER
Rate tiers
Gross Rate Excluding BonusGross Rate Including BonusAER
Maximum balance for interest £2,500
Minimum initial deposit £0
Minimum Monthly Credit £0
Interest paid Monthly
Incentives Annual travel insurance -
Breakdown insurance -
Discount vouchers -
Savings sweep -
Other Insurance - no
Other incentive - no
Service information
Free banking
Account access Telephone
Post office
Services available Standing order
Direct debit
Bill payment
Round-up savings
Text alerts
Text mini statements
ATM mini statements
Cards / cheques provided Debit card
ATM card
Cheque book
Maximum ATM withdrawal £500
Time for cheque to clear 4 days
Statement frequency monthly