Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to GrahamPlatt,Walkeia,genou,Anonymous,Fluke, for Donating to support the site

Nationwide Flexdirect and Savers

feder1
2 Lemon pips
Posts: 166
Joined: November 8th, 2016, 8:28 am
Has thanked: 23 times
Been thanked: 7 times

Nationwide Flexdirect and Savers

#60660

Postby feder1 » June 16th, 2017, 7:56 pm

NW is now offering 5% interest on a new current a/c plus 5% on a Flexclusive Regular Saver.

These need to be applied for with some personal info.

Does anyone wonder why they make us jump through hoops here?

Is it to audit their account holders to weed out dubious a/cs or just to buy more new customers?

supremetwo
Lemon Slice
Posts: 851
Joined: November 8th, 2016, 2:20 am
Has thanked: 58 times
Been thanked: 116 times

Re: Nationwide Flexdirect and Savers

#60669

Postby supremetwo » June 16th, 2017, 8:55 pm

feder1 wrote:Does anyone wonder why they make us jump through hoops here?Is it to audit their account holders to weed out dubious a/cs or just to buy more new customers?

Since it's first year only at 5%, it will probably be to make sure you were not a previous holder of the account in the last 12 months.
Also applies if you were a joint account holder.

feder1
2 Lemon pips
Posts: 166
Joined: November 8th, 2016, 8:28 am
Has thanked: 23 times
Been thanked: 7 times

Re: Nationwide Flexdirect and Savers

#60712

Postby feder1 » June 17th, 2017, 7:27 am

It drops to 1% after a year but that is still higher than the 0.75% Loyalty Saver.

These new a/cs probably get you agreeing to a credit check which might help them sort the wheat from the chaff?

feder1
2 Lemon pips
Posts: 166
Joined: November 8th, 2016, 8:28 am
Has thanked: 23 times
Been thanked: 7 times

Re: Nationwide Flexdirect and Savers

#60726

Postby feder1 » June 17th, 2017, 9:14 am


dspp
Lemon Quarter
Posts: 4009
Joined: November 4th, 2016, 10:53 am
Has thanked: 3154 times
Been thanked: 934 times

Re: Nationwide Flexdirect and Savers

#60742

Postby dspp » June 17th, 2017, 10:28 am

Moderator Message:
I have locked this thread on this board, and moved a copy of it over to the Bank Accounts board (https://www.lemonfool.co.uk/viewtopic.php?f=11&t=5820 ). I am leaving a locked copy here so that you all know why, which is simply that this board is for investment-level purposes, whereas the Bank Accounts board is for just that. Please keep on contributing but do so in the right place. Thank you all. regards, dspp


Return to “Banking Sector”

Who is online

Users browsing this forum: No registered users and 3 guests