Features and benefits

Rates & details

Select Credit Card Summary Box

The table below explains how interest rates and charges are calculated on our Select Credit Card. The information contained in this table summarises key features and is not intended to replace any terms and conditions. 

Nationwide Select Credit Card: Lower fee summary box
APR

Representative 15.9% APR (variable)

Other rates from 15.9% to 19.9% APR apply depending on individual circumstances.

Interest rates Introductory rates Monthly rate Annual rate
from to from to
Purchases 0% p.a. for 12 months on purchases* 1.241% 1.527% 15.9% 19.9%
Cash withdrawals n/a 2.075% n/a 27.9% n/a
Balance transfers 0% p.a. for 12 months** on balance transfers 1.241% 1.527% 15.9% 19.9%
Balance transfer fee No balance transfer fee for the first 3 months after account opening, after which time it will revert to 2.4% (minimum £5).

*Introductory purchase rates apply from the date the account is opened.
**Introductory rates apply from the date the balance transfer is applied to the account. Balance transfers at 0% with no fee must be made within 3 months of account opening, each transfer after this time will be subject to a 2.4% (minimum £5) fee, and your standard interest rate. 
Nationwide reserves the right to withdraw, vary or extend these offers at any time. If you already hold a Nationwide credit card or have closed one in the last 12 months you will not be eligible for the introductory offers.

Interest-free period
  • Maximum 56 days for purchases if you pay the total of all non-promotional balances on your statement in full and by the due date.
  • No interest-free period on balance transfers or cash withdrawals. Interest on balance transfers and cash withdrawals will be charged at the rates shown above.
Interest charging information
From Until
Purchases
date transaction applied to your account
statement balance, excluding any promotional balance transfers, paid in full
Cash withdrawals
date transaction applied to your account
statement balance total paid in full
Balance transfers
date transaction applied to your account
statement balance total paid in full

We work out interest on the average daily balance during each statement period. You will not pay interest on new purchases if you pay your statement balance, excluding any promotional balance transfers in full and on time. Otherwise, the period over which interest is charged is as above. The transaction date is the date the amount appears on your account.

Allocation of payments

We allocate payments to balances which show on your current statement in a high to low interest rate order, then, to balances in a high to low interest rate order which do not yet appear on your statement.
Minimum payments

  • Where there is a balance on the account, you must pay us a minimum monthly payment equal to (i) any default charges and interest due on your statement plus 1% of the remaining statement balance, or (ii) £25, whichever is higher.
  • If the balance is less than £25 you must pay what you owe us in full.
Credit limit

Minimum credit limit     

£500
Maximum credit limit      Subject to status
Fees No annual fee
Cash fee
2.5% (minimum £3.00) of the amount withdrawn on each cash withdrawals
Balance transfer fee
2.4% (minimum £5.00) of the amount of each balance transfer
Copies of statements
There are no fees for additional copies of statements
Card replacement
There are no fees for replacement cards
Foreign usage

Compare the costs of using your card abroad
Visa Exchange Rate
Rates can be found at Visa Europe exchange rate
Cash Fee
2.5% (min £3.00) of the amount withdrawn on each cash withdrawal
Late payment fee £12.00
Over limit fee £0

Are you eligible?

To apply for our Nationwide Select Credit Card you must be a main current account customer, this means you either:

  1. Hold a FlexOne account and be aged 18 or over, or hold a FlexAccount and:
    1. have been paying in £750+ a month for the last 3 months (excluding transfers from any Nationwide account held by you or anyone else);
      or
    2. completed an account switch to us (from a non-Nationwide account) using our Current Account Switch Team in the last 4 months; or
  2. Hold a FlexStudent account and have paid in £1,500 in at least 2 transactions in the last 12 months; or
  3. Hold a FlexDirect or FlexPlus account

In order to earn cashback you must remain a main current account customer. All credit cards are subject to status. You must be 18 or over.

Read the full Select Credit Card terms and conditions (PDF) and compare the costs of using your credit card abroad. Nationwide building society subscribes to the Lending Code, find out what this means with the The Lending Code PDF guide.

Ready to apply for this offer? 

Credit cards are available to those aged 18 or over (UK residents only), and are subject to circumstances. Nationwide Building Society subscribes to the Lending Code. For more information on the Lending Code please visit www.lendingstandardsboard.org.uk

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