FlexAccount current account
Our everyday bank account that lets you bank your way. No monthly fee. Which? Recommended Provider for current accounts.
Why open a FlexAccount?
£50 interest-free on an arranged overdraft
If you're eligible for an arranged overdraft, the first £50 is interest-free. So you won't get stung if you go a little overdrawn. After that, you’ll pay 39.9% a year compounded (variable).Member-only products
Access to exclusive products. Like credit cards, personal loans and some savings accounts.Over 600 branches across the UK
We're here when you want to talk to someone face to face.You could get a Fairer Share Payment
Bank with us and have a Nationwide mortgage or savings and you could enjoy a Fairer Share Payment. For 3 years, we've given £100 to eligible members. Terms apply.
FlexAccount Arranged Overdraft Representative Example
Which? Recommended for current accounts
We’re proud to be a Which? Recommended Provider for current accounts.
Join us and find out why we’re a good way to bank. We share our profits with our members, are first in high street banking satisfaction and keep our branches open.*
Banking made easier with our app
Rated 4.8 stars in App Store and 4.8 stars in Google Play (mobile only). Ratings for the phone app as of 2 February 2026.
Manage your money
Send money and pay bills. Set up and manage standing orders and cancel Direct Debits.
Control your card
Freeze your debit card if it gets lost or stolen. Unfreeze it if it turns up or order a replacement if it doesn't.
Bank and buy securely
Log in with your fingerprint or face. Quickly confirm it's you when you make a big purchase.
FlexAccount is Five-Star Rated
FlexAccount is Five-Star Rated by Moneyfacts as a current account that stands out from the rest. And whether you’re opening a new account or switching, we’ve got another Five-Star Rating for making it as easy as possible.
Overdrafts: things you need to know
You can ask for an arranged overdraft when you apply for a FlexAccount. We'll then look at your circumstances to see if we can offer you one.
Arranged overdrafts are a way you can borrow money in the short term.
Unarranged overdrafts are borrowing that's not agreed with us in advance. They can be bad for your credit score. If you try to spend more than your account balance or arranged overdraft limit, we'll try to stop the payment. And we won't charge you. But you won't be able to take out or send money until you're in credit or within your arranged overdraft limit. If you go into an unarranged overdraft and don't pay it back, we could use other accounts you have with us to pay it off.
Interest on your arranged overdraft
The first £50 of your arranged overdraft is interest-free. After that, you'll pay 39.9% a year compounded (variable).
We'll give you 14 days' notice before we charge you anything. You can find out more about the cost of borrowing with our overdraft calculator.
Changing your arranged overdraft limit
You can remove, decrease or apply to increase your arranged overdraft at any time. You can do this in our app, the internet bank or over the phone. But increasing your limit often can be bad for your credit score.
How much can you borrow?
You can find out how much you can borrow with our eligibility tool. You'll find this in the application when you apply online.
Alerts to help you manage your borrowing
We want to give you time to pay in money and avoid any charges. That's why we'll send you alerts to help you manage your borrowing. Alerts can be notifications from the Nationwide app or by text. To get alerts, you need to have our app on your device with notifications enabled, or have given us your mobile number.
We'll automatically send you:
- Arranged overdraft alerts. These tell you when you enter (or are about to enter) your arranged overdraft.
- Unarranged overdraft alerts. These tell you when you spend more than your account balance or arranged overdraft limit.
- Payment failure alerts. If a scheduled payment fails, we'll tell you we'll try to send the payment again later that day.
You can opt in to extra alerts in our app or the internet bank. You can choose to be alerted when your balance goes below or above a set amount, or get mini statements. Find out how to choose which alerts you get on our current account alerts page.
Ready to apply?
To apply, you need to:
- be 18 or over
- be a UK resident
- agree the account is for personal use only
- hold no more than 4 existing sole or joint Nationwide current accounts
Before you start, it's a good idea to have these ready:
- your address history for the past 3 years
- your employer's address (if you're employed)
- if you have one, a valid UK passport or driving licence
A passport or driving licence will make applying a bit quicker, but don't worry if you don't have one. You'll still be able to apply. If you apply without ID, we might ask you to come into a branch later to prove your identity.
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Our other everyday current accounts
FlexDirect
Our online bank account with cashback and interest.
- Access to interest on balances up to £1,500*
- Access to 1% monthly cashback for the first 12 months*
- Online banking only
*Conditions apply
No monthly fee
FlexPlus
Our packaged bank account.
- Worldwide family travel and mobile insurance
- UK and European breakdown cover
- No Nationwide fees for using your card abroad
- Bank online, in a branch or by phone
£18 monthly fee
The UK's number 1 banking provider for customer satisfaction
We have been rated the UK’s best high street banking provider for customer satisfaction in the building society and banking sector.
Reported by The UK Customer Satisfaction Index (January 2026) published by The Institute of Customer Service. Of the 18 banking providers included, our high street banking peer group consists of banks with their own branches (excluding hubs and the Post Office).
Summary financial statement
You can read our latest summary financial statement in our review of the year plus our auditor's report in our annual report and accounts on our results and accounts page.
Your money is protected
Your money is protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per person, or £240,000 for joint accounts, per provider.
Bringing Nationwide and Virgin Money together
Virgin Money’s business will become part of Nationwide on 2 April 2026, subject to Court approval. Once the transfer completes, your total combined deposits with Nationwide and Virgin Money will be covered up to £120,000 per person, or £240,000 for joint accounts.
*‘Share our profits with our members’ refers to our Fairer Share Payment. If you bank as well as save or have a mortgage with us, you could benefit from our Fairer Share Payments. Some members have received £300 in Fairer Share Payments since 2023. It's our intention to make a payment every year, but this will depend on how we perform financially. We may change the amount and the eligibility criteria based on that performance. See the eligibility criteria for the 2025 Fairer Share Payment.
‘First in high street banking satisfaction’ refers to ‘Best high street banking provider for customer satisfaction’ in the building society and banking sector, as reported by The UK Customer Satisfaction Index (January 2026) published by The Institute of Customer Service. Of the 18 banking providers included, our high street banking peer group consists of banking brands with their own branches (excluding hubs and the Post Office).
‘Keep our branches open’ refers to our promise to keep every one of our branches open until at least the start of 2030. Excludes circumstances beyond our control. Branch opening times may vary. Learn more about our Branch Promise.