Paying money in
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You can pay cash and cheques into your account at any Nationwide branch. Cash paid into your account will start earning interest and be available for withdrawal instantly, however cheques paid into your account will take longer to be available.
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There are three areas to be considered when thinking about cheque clearing:
- i) clearing for interest - when we start paying you interest on any cheque you deposit with us
ii) clearing for withdrawal - when you are allowed to withdraw against any cheque you deposit with us
iii) clearing for certainty - when you can be certain we will not debit from your account any cheque which is returned unpaid without your permission (unless you are a knowing party to fraud).For FlexAccount customers with "cash card only" and "cheque book and cash card only" accounts
Day cheque deposited Interest paid from: Withdrawals allowed from: Certainty from: Monday Wednesday Friday Following Tuesday Tuesday Thursday Monday Following Wednesday Wednesday Friday Tuesday Following Thursday Thursday Monday Wednesday Following Friday Friday Tuesday Thursday One week Monday Saturday Tuesday Friday One week Tuesday Sunday Wednesday Friday One week Tuesday
For all other FlexAccount customers
Day cheque deposited Interest paid from: Withdrawals allowed from: Certainty from: Monday Wednesday Thursday Following Tuesday Tuesday Thursday Friday Following Wednesday Wednesday Friday Monday Following Thursday Thursday Monday Tuesday Following Friday Friday Tuesday Wednesday One week Monday Saturday Tuesday Thursday One week Tuesday Sunday Wednesday Thursday One week Tuesday *For withdrawals and certainty, if a cheque is paid in to the account on a Saturday, Sunday or Bank Holiday then the day of deposit will be the next working day.
Although the Society will allow you to withdraw against cheques as shown above, this does not mean that the cheque has cleared for certainty. Cheques can be returned unpaid before certainty and if so, will be debited from your account.
At a Branch
We have over 750 Nationwide branches across the UK, to find your nearest branch and branch opening times use our Branch finder.
Find out more about...
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Cash deposits made using the FAST/Selfserve tills are immediately available as cleared funds on your account. You can pay in up to 60 notes at a time up to a value of £2,500 per day.
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You can pay cheques into your account using the FAST/Selfserve tills up to a limit of £50,000 per day.
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You can update your passbook at Nationwide's FAST/Selfserve tills. You just need to register your passbook for a PIN at the branch counter to have access to all of the services above.
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It's easy and quick to add credit to your mobile phone using any Nationwide cash machine. You only need your card and the phone number of the phone you would like to Top-Up.
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You can pay your bills at all of our cash machines. To do this you just need to set up the account or company you wish to pay and the amount via the online bank or by asking one of our customer advisors.
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You can print out your most recent transactions from any of our cash machines. You can also request a full statement through the cash machine.
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If you would like to change your PIN to a more memorable number you can do so at any Nationwide cash machine. Remember, you should never write your PIN down or tell anyone else the number.
FAST Cash Machines
Nationwide FAST Cash Machines and Selfserve tills are available in many of our branches and can be used if you have a card or a passbook.
With a FAST Cash Machine you can...
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Amount paid in* Gross p.a/ AER** Net p.a £1,000+ per month 3.50% 2.80% £500+ per month 0.50% 0.40% Less than £500 paid in each month / no deposit is made 0.10% 0.08%
*Excludes internal transfers from Nationwide accounts.
**Interest rate paid on balances up to £3,000. Any part of your balance over £3,000 will earn 0.10% gross p.a. /AER. -
Cash deposited at a Nationwide branch or one of our FAST cash machines will start earning interest immediately, however cheques take a bit longer.
For FlexAccounts (or any Nationwide Savings account).
Day cheque deposited Starts earning interest Monday Wednesday Tuesday Thursday Wednesday Friday Thursday Monday Friday Tuesday Saturday Tuesday Sunday Wednesday -
The interest rate you will receive each month varies depending on how much you have paid in that month (excluding transfers from other Nationwide accounts). Once your rate has been identified it is applied to the balance of your account for that month, this gives you your monthly interest.
The interest is added to your FlexAccount annually on the 31st December.
Interest
Your Nationwide FlexAccount earns you competitive rates of interest which increase with the more you pay in each month.
Find out more about the interest on your account.