FlexAccount interest rates, fees and overdraft details

Main rates & fees when you are in credit

Main rates & fees when you are in credit
Interest we pay you Monthly fee for maintaining the account
0% £0


You can apply for an arranged overdraft with FlexAccount at any time. We’ll take a look at your circumstances to see what we can offer you. You’ll need to be 18 or over, and a UK resident.

Our overdrafts page can help you compare our overdrafts, and find out how much one might cost.

If you’d like to know what we can offer you before you apply, you can try our eligibility tool for FlexAccount.

Don’t worry, this won’t affect your credit score.

FlexAccount Arranged Overdraft Representative Example:

39.9% APR Representative (variable). Based on an assumed arranged limit of £1,200 and an interest rate of 39.9% a year (variable)

How does our overdraft compare?

A good way to compare the cost of our overdraft with other overdrafts or other ways of borrowing is to look at the representative APR. The APR shows the cost of borrowing as an annual rate.

Staying in your arranged overdraft over a long period can be an expensive way to borrow.

For more information see our examples of current account charges
To understand more about how overdrafts work see our Understanding Overdrafts Leaflet

Other charges and fees

We've shown you the main rates and fees that most people want to know above. For the full list of all our current interest rates and other fees and charges please download our latest interest rates and charges leaflet (This link will open in a new window) . To help you understand the fees for this account, please read the Fee Information Document.
For past rates and charges, see our current account support section.

To see what charges we make for payments in other currencies and using your card abroad, see our using your cards abroad section.

Important information

You need to be 18 or over to apply for a FlexAccount.

All rates and charges are subject to change and we may decide when to apply and waive any account charges.

What is APR?

APR stands for Annual Percentage Rate. It includes all the costs of borrowing including certain account fees and promotional rates. It’s for comparing costs between different products and providers.

It's easy to apply for a new FlexAccount

Ready to Apply?

Your borrowing choices

It’s a good idea to consider different types of borrowing. The best option for you depends on the amount you want to borrow, and how long for. We’ll need to check before we can offer you a loan, overdraft, or credit card. It will depend on our view of your circumstances.

A credit card

We have a credit card just for our members who hold a current account, mortgage or savings account with us.

Member Credit Card

A loan

We can give you a personalised quote and tell you whether you're likely to be accepted before you are credit scored.

Nationwide personal loans

Other ways to borrow

If you're not sure what type of borrowing might suit you best, try our guide to the different types of borrowing.

Different types of borrowing
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Advertised rates correct as 1 May 2020 and this rate can be changed at any time.

All rates and charges are subject to change and we may decide when to apply and waive any account charges.