A current account that gives you more for free
Not only does our current account give you more for free, it also comes with our four point Account Transfer Promise. It takes care of everything while you switch to us - like keeping you informed via text, and even giving you £100 if we don't contact all of your Direct Debit companies within 10 working days.
The table below compares our FlexAccount to other no monthly fee high street current accounts. To get access to the exclusive product deals that come with it, you just need to pay £750 (excluding internal transfers) a
month into your account. Plus, if you switch using our account transfer service, you’ll get free European travel insurance too.
| |
Nationwide FlexAccount |
Barclays Bank Account |
Halifax Rewards |
HSBC Bank Account |
Lloyds Classic Account |
NatWest Select Account |
Santander 123 Account |
| What you get |
Free European travel insurance  |
no |
Cashback
£5 a month |
no |
From 1.5% up to 3% credit interest on balances1 |
no |
From 1% up to 3% credit interest on balances4
|
| You could also get |
Exclusive product deals
- Discounted loans
- Preferential
savings rates
- Great mortgage offers
- Discounted home Insurance
 |
Competitive mortgage rates |
Competitive savings rates
Competitive mortgages rates |
Regular Saver |
no |
no |
Cashback on Direct Debits between 1% and 3%
|
| Minimum monthly pay-in to get benefits |
£750  |
no |
£1,000 |
£5002 |
£1,000 & remain in-credit |
no |
£500 |
| |
Nationwide |
Barclays Bank Account |
Halifax Rewards |
HSBC Bank Account |
Lloyds Classic Account |
NatWest Select Account |
Santander 123 Account |
| Monthly Fee |
|
Free |
Free |
Free |
Free |
Free |
£2.00 |
| Charge for being £100 overdrawn for 10 days |
£0.52
 |
£0.53 |
£10.00 |
£0.55 |
£5.53 |
£0.54 |
£10.00 |
| Charge per £100 card transaction abroad |
£2.00  |
£2.99 |
£4.25 |
£2.75 |
£3.99 |
£4.00 |
£4.00 |
| Charge for withdrawing £100 worth of foreign currency abroad |
£3.00  |
£4.99 |
£4.25 |
£4.75 |
£4.99 |
£4.75 |
£4.74 |
| Overdraft rate (authorised use) |
18.90% EAR
 |
19.30% EAR |
Between £1-£2 per day 3 |
19.90% EAR |
£5.00 per month and 19.30% EAR
|
19.89% EAR |
£1.00 a day (up to 20 days) |
On your side...
Our current account also comes with lots of other extras, all designed to make life easier. No matter where you are in life, we’re here to help.
Free European travel insurance
To qualify for free European travel insurance, all you have to do is:
- hold a FlexAccount with a Visa debit card (not cash card+)
- agree to an Account Transfer from an account (non Nationwide) using our
Account Transfer Service
- be aged 18-73
- to maintain free FlexAccount European travel cover, you must credit £750 or more each month into your FlexAccount (excluding internal transfers)
- We will review your cover once per year
Other Flexclusive product offers
To qualify for other Flexclusive offers, you must hold a FlexAccount with a Visa debit card (not cash card+) and
- Have been paying in £750 (excluding internal transfers) a month for the last three months, or;
- Complete an account transfer to us (from a non-Nationwide account) using our Account Transfer Service, or have done so in the last four months
Qualifying conditions vary by offer
Notes
EAR - Equivalent Annual Rate - the cost of an overdraft stated as a yearly rate, taking into account the compounding of interest, which you can use to compare rates offered by different providers.
Nationwide FlexAccount Travel Cover is subject to eligibility, and conditions and exclusions apply. It is provided by UK Insurance Limited.
Nationwide buildings and contents insurance is underwritten by U K Insurance Limited.
Nationwide Building Society subscribes to the Lending Code. For more information on the Lending Code please visit http://www.lendingstandardsboard.org.uk