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Nationwide to pay up to 4.25% on Flexaccount

dc · 2006-01-17 13:05:30

Official, sorry if this has been posted before. From the 1st of April Nationwide is to pay 4.25% on its current account , the Flexaccount. I welcome this as a refugee from A&L, but have doubts as to its longevity. Go on give your big bank a shock, but remember two current accounts are better than one in this changing…

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BWZN93 Posts: 2,182 Forumite

20 January 2006 at 8:14AM

Lugh_Chronain wrote:

So what you are saying is, if you were to deposit a sum of money between £1000 and £3000 then withdraw it in the same month before you put any more in the following month, you will still acquire the 4.25% AER p.a.

I emailed Nationwide about this and will post it here if the reply is of relevance to MSE users.

Yes. You earn the 4.25% on the balance in the account on any given day, as its calculated daily.

#KiamaHouse
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Nationwide to pay up to 4.25% on Flexaccount

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