We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Nationwide Flexaccount
Options
magentadreamer
Posts: 547 Forumite
I was considering opening a Nationwide flexaccount. I'm going to the States in June and would only want to use the account to make ATM withdrawals. I was hoping to shove in some holiday spending money.
I've looked at their website it seems you can only use it as a current account ie to get one I'd have to swap current accounts and I'd rather not! Can I just open it as an account with a debit card, no O/d facility and use it the way I'd planned?
I've looked at their website it seems you can only use it as a current account ie to get one I'd have to swap current accounts and I'd rather not! Can I just open it as an account with a debit card, no O/d facility and use it the way I'd planned?
0
Comments
-
Yes,the flex account can be a basic bank account,with no overdraft.This gives you a cash card which you can withdraw £300 or overseas eqivalant each day.I used mine in France and found I got an excellent exchange rate,with no sneaky charges.
You do not have to swop bank accounts,although they will send you forms to try to get you to do this.They want your custom.
This can be applied for online.If they try and give you an upgraded account,phone and explain you just need a basic one.0 -
Cheers! Will apply for one after Xmas.0
-
When you've set it up make sure you also get the NW Esavings account and use them both online - you can easily swap money online between the two instantly, and you can then keep the minimum you need in the Flexaccount and get the better interest on the Esavings.0
-
This is incorrect. There is no need in swithching account and there is no minimum monthly funding requirment ...magentadreamer wrote:...I've looked at their website it seems you can only use it as a current account ie to get one I'd have to swap current accounts ...
Yes. Depending on your credit history and other circumstances they can give you either a debit card (Visa) or a cash card (Cirrus). Both can be used for fee-free withdrawals abroad.Can I just open it as an account with a debit card, no O/d facility and use it the way I'd planned?0 -
Cheers Grumbler, those very nice peeps gave me the account with a debit card and offered me a credit card as well! so thats me sorted out for the States next year -no loading fees!0
-
Hello
We are off to australia in March and have just done the same and opened a flex account, no pressure at all to change bank accounts , have been pleased with service so far.
Enjoy your time in america.
sak46
:rudolf: :xmastree:0 -
anyone got an online link for this flexaccount ? want to make sure i am looking at the right oneA shadowy flight into the dangerous world of a man who does not exist.
A young loner on a crusade to champion the cause of the innocent,
the helpless, the powerless, in a world of criminals who operate above the law.0 -
http://www.nationwide.co.uk/banking/current_account/flex-intro.htmsteveviney wrote:anyone got an online link for this flexaccount ? want to make sure i am looking at the right one0 -
I`ve openned one too, ready for using overseas, applied for a credit card too. No probs with the flexi a/c, but had to ring them re credit card. It has now arrived but no pin yet, was going to us it over xmas-went for cashback card-never mind.
Only prob i had was guy in branch said that if i took in details of higher credit limit on another card-they would match it. Seems that this is no longer true, waiting to hear from under writters to see if my limit will be raised.
Also no pressure to pay salary in, although I`m going to get tax credits and child benefit in, then use it for grocery. Might be able to keep on track for the grocery challange then!JAN Grocery Challange £200
Spent £154.88
FEB Grocery Challange £175 21-1 to 20-2
Spent to date £49.130 -
Does this account accept bank giro credits from employers as I would like to use this as my main account for my wages to be paid into?
RegardsCandelabra0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards