Find out about our different types of overdraft fees that could apply to your Nationwide current account.

Example overdraft fees

Unlike many banks or building societies, in some cases you won’t get charged for those unexpected moments when payments are being made or taken from your FlexAccount, FlexDirect, FlexPlus, FlexBasic, FlexOne, FlexStudent and FlexGraduate current accounts.

For example, you won’t be charged if we refuse a payment from your account due to lack of funds.

Other examples

You won’t be charged when a payment from your account takes you into an unarranged overdraft and:

  • it’s by less than £10, and you’re overdrawn for one day during the month.
  • you make another payment from the account while you’re overdrawn, and you’re overdrawn for two days in a row during the month.
  • you make another payment from the account while overdrawn, and you’re overdrawn for two days in a row during the month.
  • you make nine or more payments from the account while you are overdrawn, and you are overdrawn for 10 days in a row during a month.
  • you’re overdrawn for one day but on three more occasions during the month, a payment takes you into an unarranged overdraft. And on each of these occasions you’re overdrawn for three days.
  • you’re overdrawn for 21 days in a row during the month, and you make 12 more payments from the account while you are overdrawn.

For a full list of overdraft fees that could apply to your account see our interest rates and charges leaflet - PDF (opens in a new window).

Information:

We do not charge for unarranged overdrafts, so the Monthly Maximum Charge (MMC) is £0.