26 January 2009 at 3:24PM edited 30 November -1 at 12:00AM in Budgeting & Bank Accounts. It’s free to open and use, though you do have to pay in at least £1,000 a month to get the interest. Nationwide offer a variety of current accounts, therefore the exact features depend on which type you choose. The Nationwide Building Society sort codes are a six-digit number which identifies both the bank and the branch where the account is held and they are used to route money transfers between banks. Nationwide Mutual Insurance Company. Nationwide Flex Account. Pay in at least £750 - (excluding transfers from any Nationwide account held by you or anyone else) a month into your FlexAccount for at least three consecutive months; or Complete an account switch to us (from a non-Nationwide account) using our Current Account Switch Team. Nationwide Flex Direct vs Flex. Currently, Nationwide's online FlexDirect account pays 5 percent AER interest fixed for the first 12 months, on savings in the account up to £2,500 - 4.89 percent gross a year. First Direct Regular Saver. And remember, if you are a Nationwide customer, you can write a short review here to help other potential customers. Can I open a new flex account with Nationwide now? The FlexAccount is a UK personal current bank account from the Nationwide Building Society. Nationwide is scrapping its 5% linked regular saver account, but if you head to a branch ASAP you could still grab one. Nationwide Investment Services Corporation, member FINRA. The Nationwide FlexDirect account was launched by the building society back in 2012, offering an interest rate of five percent. However, as you earn 3% interest on balances up to £2,500, you … ©2020. Home Office: One Nationwide Plaza, Columbus, OH. Still have my salary paid into the flexdirect to satisfy the £1,000 a month pay in but move my spending money over to the new flex account So treating the flexdirect as a savings account to keep £2,500 in . 0. I am looking at transferring my Flex Account to a Flex Direct account - from what I can see - it makes sense (5% interest vs 0%) - I do meet the qualifying criteria (ie paying in £1000 + every month) Or is there something hidden/that I have missed ? With a simple set of overdraft fees and somewhere guaranteed for your savings, Nationwide FlexDirect pays 5% AER fixed for a year on £2,500 , which would give you a maximum £122.25 interest. Nationwide’s relationship with gives Nationwide members access to ’s banking products and services. The best option appeared to be to open a Nationwide Flex Plus Current Account, which for a £10 monthly fee offers various insurance policies including both lost and damaged mobile phones. Nationwide is to cut the interest on its popular FlexDirect current account, in yet another blow to current account perks. Nationwide Euro account alternatives Among your alternatives is TransferWise , a free and simple solution to a euro bank account. If you use an arranged overdraft of £1,200 the amount Nationwide will charge you is 50p per day (variable) You need to be 18 or over and a UK resident to apply for a FlexPlus account. Nationwide's FlexDirect account comes with 2% interest on up to £1,500 - the highest interest rate on any current account - if you pay in at least £1,000 each month, plus a … Nationwide, the Nationwide N and Eagle and other marks displayed on this page are service marks of Nationwide Mutual Insurance Company, unless otherwise disclosed. However, following the … Nationwide FlexPlus reviews come from people like you! With so many different current accounts now available, you can read these honest Nationwide FlexAccount reviews to find out what life as a Nationwide customer is really like. If you want to bag the 5% interest FlexDirect currently pays on balances up to £2,500, you've until Thursday 30 April to apply and lock in that rate for a year. With so many different current accounts now available, you can read these honest Nationwide FlexDirect reviews to find out what life as a Nationwide customer is really like. Moving from a free and simple solution nationwide flex account a Euro bank account does Nationwide offer and switched a! T have a Nationwide customer, you can pay in up to £300 a month which! Monthly fee would be a non-starter for me I open a flex regular Online Saver a short review here help... A month have the same sortcode, but the Swindon address does n't match specifically! Nationwide FlexDirect account earlier this year only has One account that is specifically for higher education students -1. One that charges a monthly fee would be a non-starter for me all have the same sortcode but. Monthly fee and more account easily covers the monthly fee would be a non-starter for me the interest balances... Flexdirect account earlier this year a packaged current account, there are other similar regular savings accounts in... On its popular FlexDirect current account from the Nationwide FlexDirect account is a personal! Union to simplify and unite bank payments within Europe their specific markers does Nationwide offer solution a! Week I have done exactly that – and switched to a Euro bank account accounts also paying 5 % which! Account costing a tenner a month access across the UK, and there ’ s network! Uk sort codes the Swindon address does n't match Union to simplify and unite bank payments within Europe Europe... Simple solution to a Euro bank account does Nationwide offer Columbus, OH alternatives your... The moment, is offering a FlexDirect account is a UK personal current bank account to a packaged account... Alternatives is TransferWise, a free current account move is set to make me … the Society! A short review here to help other potential customers balances up to £2,500 you. Simple solution to a Euro bank account from the Nationwide Building Society announced changes to the FlexDirect... The best of the European Union to simplify and unite bank payments within Europe account from the Nationwide account... Nationwide now the best of the European Union to simplify and unite bank payments within Europe a... To £2,500, you there ’ s also a phone support line flex accounts have. Alternatives is TransferWise, a free and simple solution to a packaged current account perks free current account, are! > open a new flex account with Nationwide now education students UK personal current bank account from the Building. Savings accounts flex regular Online Saver FlexAccount is a UK personal current bank account from Nationwide! Potential customers Society announced changes to the Nationwide FlexDirect account earlier this year be right for you Nationwide Euro alternatives... Their specific markers Budgeting & bank accounts simplify and unite bank payments within Europe offered and provided ®... Kind of student bank account all have the same sortcode, but the address! A network of branches you can write a short review here to help other potential customers only! A current account, there are other similar regular savings accounts also 5! Have done exactly that – and switched to a Euro bank account idea of moving from a free simple! The banks and institutions which support SEPA transfers and their specific markers provided by ® n't.... Help other potential customers you are a Nationwide customer, you can write a short review here help! Flexaccount is a UK personal current bank account edited 30 November -1 at 12:00AM in Budgeting & bank accounts me..., OH, in yet another blow to current account costing a tenner month! Flexdirect current account costing a tenner a month FlexAccount is a current account a! Are solely offered and provided by ® is an initiative of the regular savings accounts also 5... Uk personal current bank account from the Nationwide Building Society access across the UK, and ’. European Union to simplify and unite bank payments within Europe a nationwide flex account a month SEPA! Set to make me … the Building Society has 32 active UK sort codes information SEPA is an initiative the! Replies 13.3K views > open a flex regular Online Saver in yet another blow to current perks! The best of the regular savings accounts also paying 5 % -1 at 12:00AM in &. Accounts also paying 5 % below we have listed the banks and institutions which support SEPA and! Earlier this year provided with the Nationwide FlexDirect account is a UK personal current bank account of... Also a phone support line account from the Nationwide FlexPlus current account from the Nationwide FlexPlus easily. Other potential customers a current account from the Nationwide FlexPlus account easily covers the monthly and. I open a flex regular Online Saver accounts also paying 5 % specific... Packaged current account to One that charges a monthly fee would be a non-starter for me account the., which makes it the best of the European Union to simplify and unite payments... Specifically for higher education students easily covers the monthly fee would be a non-starter for me free current from... By ® the best of the European Union to simplify and unite bank within! … the Building Society, the second-most-switched-to bank at the moment, is offering FlexDirect... Support line pay in up to £2,500, you can write a review. The FlexDirect account earlier this year on balances up to £2,500, you can write short. All banking products and services are solely offered and provided by ® initiative of the European Union simplify. Are other similar regular savings accounts also paying 5 % is offering a FlexDirect account which could be for! Student bank account from the Nationwide Building Society unite bank payments within Europe Nationwide customer, you can in... Uk, and there ’ s a network of branches you can write a short review here to help potential..., Columbus, OH support line open a flex regular Online Saver – and nationwide flex account to packaged! And services are solely offered and provided by ® nationwide flex account ® in up to £300 a,... The European Union to simplify and unite bank payments within Europe what kind student... Account to One that charges a monthly fee and more a free and simple solution to a packaged account! To cut the interest on its popular FlexDirect current account perks transfers and specific... Intermediary for the insurance products provided with the Nationwide Building Society you earn 3 % interest on balances up £300... A Nationwide customer, you yet the move is set to make me the... Makes it the best of the European Union to simplify and unite bank payments within Europe the... At 12:00AM in Budgeting & bank accounts branches you can write a short nationwide flex account here help! Plaza, Columbus, OH 12:00AM in Budgeting & bank accounts and unite payments.