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Nationwide 4.25% - Current account

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Not sure if this has been posted anywhere else, I've had a wee look but couldn't find anything about it so sorry if this is a duplicate post.

The Nationwide has announced that from the 1st of April they are raising the interest rate on their current account (called Flex Account) to 4.25%. This is MASSIVE compared to many current accounts that often give you less than 1%.

I have been a customer of the Nationwide for nearly 10 years now and really rate them. They make the odd mess up here and there as most banks do but like other building societies because they don’t have shareholders all the profit goes back into the organisation and that means, lower charges (or none, for example it’s free to take money out of a cash machine abroad) and better interest rates. I don’t know why people use banks! And no, I don’t work for them.

Not sure if you have to pay over £1000 in a month or anything like that.

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