FlexOne current account
Our fee-free current account for 11- to 17-year-olds to help you manage your money and earn interest.
Features and benefits
Completely fee-free, even overseas
We don't charge a monthly fee for maintaining the account or for anything else.
Make the most of your money
You’ll get 0.1% AER / 0.09% gross a year (variable) on balances up to £1,000. We calculate interest every day and pay it once a month.
A choice of two cards
If you're aged 11 to 17 and a half, you can choose between a cash card and Visa Debit card. Cash cards can only be used to get money from cash machines and print mini statements. If you're older, you'll need to use a Visa Debit card.
Pay in money
Save your pocket money or, if you have a job, your wages can be paid directly into your account.
Text alerts to help you keep track
You can register for text alerts to help you keep track of your account balance.
Bank how you like
Online, via our Internet Bank or app, over the phone or in branch.
Keep the benefits until you're 23
You can hold a FlexOne until you turn 23, then we'll move you to one of our everyday bank accounts.
FlexOne comes with everything you’d expect from your current account. It includes optional paperless statements on request. You can also sign up for text alerts to help you manage your money.
To apply for FlexOne, you need to:
- be 11 to 17 years old
- be a UK resident
- agree the account is for personal use only.
FlexOne accounts for 11- and 12-year-olds can only be opened over the phone or at certain branches with a tablet. Contact your local branch to set up an appointment and find out what options are available.
Ready to apply?
If you've already researched FlexOne and know it's the right account for you.
Make banking easier with our secure app
- Make payments and move money to other accounts
- See and search your transactions
- Freeze and unfreeze your Visa Debit card
- Report your card lost or stolen and order a new card
Choose your card
When you open a FlexOne account, depending on your age you’ll need to choose between a cash card or a Visa Debit card.
Once you’re 18, we’ll automatically switch you to a Visa Debit card if you don’t already have one.
|Feature||FlexOne cash card||FlexOne Visa Debit card|
|Can be used at cash machines||Yes||Yes|
|Take up to £300 out per day at a cash machine||Yes||Yes|
|Pay for things in shops||No||Yes|
|Buy things online||No||Yes|
|Buy things over the phone||No||Yes|
|Contactless payments up to £45||No||Yes|
|Pay for things with your mobile phone||No||Yes|
Contactless with you in control
We're always working hard to keep our younger members and their money safe. So, if you apply for a FlexOne, the card will be limited to £45 for contactless payments in the UK. This is instead of the usual £100.
As a parent, you can also restrict the ability to make contactless payments further. For that little bit extra security. You just need to call us to discuss contactless.
I'm 18 and over and already have a FlexOne
Your FlexOne card will be limited to £45 for contactless payments the UK. But we have a great range of adult current accounts available. They all come with a £100 limit for contactless payments.
Fees, charges and important documents
I need help with my account
Protecting your money
The Financial Services Compensation Scheme (opens in a new window) (FSCS) is a free, independent service that protects up to £85,000 of your eligible money at Nationwide.