Nationwide extends its personal loan offer

19 February 2014

Nationwide Building Society is extending its reduced personal loan rate of 4.9% APR Representative for main current account¹ customers until 31 March 2014.

The personal loan rate of 4.9% APR Representative will continue to be available to customers borrowing between £7,500 and £14,999, for loans of up to five years until 31 March (the offer was due to expire on 19 February). Nationwide customers can apply for the loan in branch, online via or by telephone.

John Crossley, Nationwide’s head of credit cards and personal loans, said: “We’ve extended our personal loan offer so those people who haven’t had the chance to take it up still have the opportunity. It’s one of the most competitive rates on the high street and is worth considering if you’re looking to consolidate your debts, pay for home improvements or finance a new car, particularly with the new ’14 registration plates coming out in March.

“Even if you don’t have a Nationwide current account, you can still take advantage of our very competitive rates.”

Those who do not have a Nationwide current account can take out a Nationwide current account in branch, online via or by telephone, and make it their main account in order to qualify for a 4.9% APR Representative rate¹.

Notes to editors:

¹To qualify for this offer, you must:

  1. Hold a FlexAccount with a Visa debit card (not cash card or cash card+) and:
    • Have been paying in £750+ a month (excluding internal transfers) for the last three months; or
    • Complete an account switch to us (from a non-Nationwide account) using our Current Account switch team or have done so in the last four months; or
  2. Hold a FlexDirect or FlexPlus account

Offers may be withdrawn and terms and conditions may change at any time.

Personal loans:

Representative Example:

4.9% APR Representative (fixed). Based on an assumed loan amount of £10,000 over 49 months at an interest rate of 4.9% p.a. (fixed). Monthly repayment £225.11. Total amount payable £11,030.39.

If a joint application is made only the first named account holder must meet the main current account customer eligibility criteria.

The rate offered will depend on the amount you wish to borrow and your individual circumstances. You do not need to have a main current account with Nationwide to take out a personal loan.

Personal loans are available to customers aged 18 – 79 and are subject to status. Rates may vary from time to time without notice. You should consider all borrowing options carefully and seek independent advice.

Nationwide subscribes to the Lending Code.

About Nationwide Building Society
Nationwide is the world's largest building society as well as one of the largest savings providers and a top-three provider of mortgages in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 15 million members.

Customers can manage their finances in branch, on the telephone, internet and post. The Society has around 15,000 employees. Nationwide's head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centres across the UK.

Please note: If you are a customer looking for information on our products and services, please visit the main website.