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Is Nationwide charging or not?

Read in the papers that Nationwide are, for now at least, not introducing the fee for using the Flex VISA outside Europe. No word on the NW website. Does anyone know if its referring to all fees or just the increase to 1% from July 1, and therefore still charging the 0.84%?
Cheers,
Holly

Comments

  • benjus
    benjus Posts: 5,433 Forumite
    Part of the Furniture 1,000 Posts
    I guess you're referring to this: http://www.dailymail.co.uk/money/article-1195040/Nationwide-U-turn-fees-hike-abroad.html?ITO=1490

    It seems that Visa isn't raising its fees for use outside Europe from 0.84% to 1%, so Nationwide will continue to charge 0.84% outside Europe.
    Let's settle this like gentlemen: armed with heavy sticks
    On a rotating plate, with spikes like Flash Gordon
    And you're Peter Duncan; I gave you fair warning
  • HGLTsuperstar
    HGLTsuperstar Posts: 1,904 Forumite
    Cheers for that. It would be nice for Nationwide to give an official word on it; but then they didn't shout it from the rooftops when they started charging either.
  • Donnie
    Donnie Posts: 9,862 Forumite
    Foreign Transactions

    Nationwide continues to offer commission-free foreign transactions. By commission-free we mean not adding any additional charge for the service of exchanging currency that generates profit for the Society.

    We pass on a Visa charge for processing transactions in certain currencies other than sterling. The fee is currently 0.84% and it will be included in the sterling amount shown on your statement.
  • daz100
    daz100 Posts: 68 Forumite
    So is the post office card still better?
  • ferf1223
    ferf1223 Posts: 8,936 Forumite
    Part of the Furniture
    Cheers for that. It would be nice for Nationwide to give an official word on it; but then they didn't shout it from the rooftops when they started charging either.

    They sent us a letter...I assume that all cardholders would have been sent one.
    Does remembering a time that a certain degree of personal responsibility was more or less standard means that I am officially old?
  • fifeken
    fifeken Posts: 2,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ferf1223 wrote: »
    They sent us a letter...I assume that all cardholders would have been sent one.

    No letter for a couple of accounts here unless it was included in the "junk" mail.
    daz100 wrote: »
    So is the post office card still better?

    Yes (just) but not as good as Abbey (Santander) Zero. Don't withdraw cash on a Post Office one.
  • HGLTsuperstar
    HGLTsuperstar Posts: 1,904 Forumite
    ferf1223 wrote: »
    They sent us a letter...I assume that all cardholders would have been sent one.

    Have 2 flex accounts and the c/card and I didn't receive any written notice of the charges. Found it on the website after a heads-up on MSE.
  • luci
    luci Posts: 6,047 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I'm pretty sure I received an updated T&C's leaflet with me FlexAccount statement. It's one of those things that can be easily missed or ignored.
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