FlexPlus - Nationwide Building Society

FlexPlus

Nationwide Building Society
3 % AER
Headline Interest Rate
X
Switching bonus
  • Overdraft facility
  • Customer rating: 4.66 (out of 5)
  • Monthly charge £ 13.00*
  • Minimum Monthly Credit: £ 0
    • Open by:

This account may be appropriate for you if

  • Your balance will not exceed £ 2,000,000
  • You are older than 18

Switching bonus

Member of Current Account Switching Service: No
Switching Bonus Conditions: This incentive is not available with this account.
Match Current Overdraft Offer: No

Credit Interest

Annual Interest Paid By Balance:
BalanceAnnual Interest Paid
£ 5002.96 %
£ 1,0002.96 %
£ 5,0000 %
£ 10,0000 %
£ 25,0000 %
Headline Interest Rate: 3 % AER
Paid on Balances Over: £ 1 and up to £ 2,500
Monthly Reward: £ 0
Interest Paid: monthly
Includes Initial Bonus: No

Overdrafts

Cost of Authorised Overdraft:
ScenarioCost
£ 250 overdrawn by 5 days£ 0
£ 500 overdrawn by 10 days£ 5
£ 1,000 overdrawn by 30 days£ 15
Overdraft Available: Yes
Authorised Overdraft Rate: 0 % (equivalent to 0 % per month)
Unauthorised Overdraft Rate (APR/EAR): Unauthorised drafts not permitted
Interest Free Overdraft: First £ 250 is interest free
Overdraft Fees Apply From: £ 10 overdrawn
Cost of Unauthorised Overdraft: £0.50 per day or £5 per day, max £50 pm
Cost of £100 Overdraft Breach for 10 Days: £ 50

Payment options

ATM Card
Cheque Book
Passbook
Debit CardVisa
Standing Order
Direct Debits

Access and usage

Banking by
Bank
Post
Phone
Internet
Maximum ATM Withdrawal: £ 500

Perks

Preferential rates onsavings, loan, credit card
Prepaid card
Home emergency cover
Extended warranty cover
Airport lounge access
Preferential travellers money rates
Preferential travellers cheque rates
Free life insurance
Free home insurance
Free car insurance
Breakdown cover
Voucher and discount deals
Entertainment deals
Mobile phone cover

Charges

Monthly Fee: £ 13
Potential Monthly Fee - extra info: 0.00
Charges for Unpaid Items: None
Charges for Paid Items: None

Cost Abroad

ATM Charge Europe: Free
ATM Charge World: Free
Debit Card Charge Europe: £ 2
Debit Card Charge World: £ 2

Additional Charges

Charge for Replacement Statement: £ 5
ATM Withdrawal Charge: £ 0
Charge For Cheque Receipts: £ 5
Bankers Reference Charge: £ 0
CHAPS Charge: £ 20
Charges For Cancelled Cheques: £ 5

Moneywise Best Buys

Current Accounts

ProductAER
Bank of Scotland Vantage Classic Account - Bank of Scotland2%
Nationwide FlexDirect - Nationwide Building Society5%
Santander 123 Current Account - Santander1.5%
Tesco Bank Current Account - Tesco Bank3%
TSB Classic Plus - TSB3%

Customer ratings

About the bank

  • Protection Scheme: This account is covered by the Financial Services Compensation Scheme.
  • Banking Licence Held By: Nationwide BS