Credit Reference and scoring discussion area

pingu

when did nationwide start charging for withdrawing cash abroad ???

they were not charging in august2003.

lisyloo

From June 2003 it was (the higher of) £1 or 1% for visa CREDIT cards.

I don't think they charge for debit cards.
Were you using a debit card in August 2003?

lisyloo

Here's the link to the infor on the Nationwide site.

http://www.nationwide.co.uk/creditcard/using_the_card/using_card_abroad.htm

I still think it's a good deal even if they do charge a small fee.
I used to use Nat West and they charge something like 2.75% commission whereas Nationwide have no commission.

pingu

no i used nationwide credit card for cash withdrawl in Italy and there was no charge.

two reason to keep their CC are no charge for cash abroad and 1 year extra warranty on most electrical goods with value £50+

i think the other CC which doesn't charge for cash advance abroad is liverpool victoria.

pingu

sorry lisyloo

they do charge just checked

but no other charges for using abroad.

thanks

lisyloo

but no other charges for using abroad.

I don't think that's right either (sorry - I'm not picking on you).

Nationwide charge the fee plus interest.
Liverpool victoria charge a higher fee (£1.50 or 1.5%) but no interest.

Martin has an article on in in the articles area.

pingu

i only use their CC abroad and when i need something electrical in the uk.

i always pay the balance in full on my cards(unless0% apr for BT ) so i just check the transactions and the interest charges i thought were for withdrawing cash which all CC companies charge from day one.
you are right to say that it is still a good CC to take abroad.

thanks

noopin

Only just seen this discussion area, had this in the wrong one1
I have a default registered from nov98 concerning a student account overdraft. Since that time I have paid £20pm. (latterly £40pm.) via the bank's appointed debt collector. My reading of Experian's leaflet is that the default will not show after nov04 (6 years), even though a few hundred pounds will still be owing; but that if I settle, then that will show for a further 6 years from the date of settlement.
Am I correct, and how would a settled account look to further searchers?
(I suppose that sticking to the repayments to the debt collector for years doesnt count!)
Any help appreciated, thanks.

System

I've just started a new account at the nationwide bank because of their policy of not chrging for withdrawals overseas (im going travelling in a few months)

I have a Nationwide Flexi Cash Card for the same reason as you - ie money abroad. These cards are part of the Cirrus network which gives access to virtually all overseas ATMs (I am specifically talking about France.) Using a visa credit card for cash abroad is expensive so best avoided.
MS

bugs

I've never checked my credit record before and have never had any major problems with getting the little credit that I want, but it looks like I ought to have a little nose and make sure nothing's amiss in the first place. What I can't quite work out though is if I need to get a record from each of the three agencies or will it be sufficient to go to just Experian or Equifax? Won't they both have the same information? Does anyone know?

Many thanks!