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Nationwide flexa/c
King_Weasel
Posts: 4,381 Forumite
I'm attracted by this because of its linked Select Visa.
But I don't want to close my FD A/c. So can I open the NationWide A/c without transferring all my DDs/SOs to it? (These include payments into the FD 8% Regular Saver and I don't want to jeopardise that.)
Btw, I assume a regular transfer from FD to the new NW A/c would be enough to meet their £1K/month payment requirement.
But I don't want to close my FD A/c. So can I open the NationWide A/c without transferring all my DDs/SOs to it? (These include payments into the FD 8% Regular Saver and I don't want to jeopardise that.)
Btw, I assume a regular transfer from FD to the new NW A/c would be enough to meet their £1K/month payment requirement.
However hard up you are, never accept loans from your friends. Just gifts
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Their website seems to suggest you need to use their switching service for all DDs/SOs (as well as meeting other criteria) in order to be eligible for the Select credit card as a new customer.
Also, the monthly funding requirement appears to be £750, not £1K.0 -
You can do it without switching but it'll take time - you'll need to open a Flex account, put in £750/month, and then once you have paid that in for at least 3 months running you can apply for the credit card (which you may or may not be accepted for).
Once you have the card you have to continue paying in £750/month to get any cash back.0 -
Wasn't the Flex account free at some point in it's life?• HSBC (Main A/C)
• Halifax Back up A/C
• Lloyds (Spending) A/C
• RBS Back up A/C
• Barclays Old A/C
• Nationwide Old A/C0 -
So if you open a nationwide flex account, are you guaranteed a credit card ? Or am I missing something here ?0
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So if you open a nationwide flex account, are you guaranteed a credit card ? Or am I missing something here ?
You aren't guaranteed a credit card.
No bank will guarantee a credit card just because you have a current account with them.I'm not cynical I'm realistic
(If a link I give opens pop ups I won't know I don't use windows)0 -
No, basically.I spent 25 years in the mobile industry, from 1994 to 2019. Worked for indies as well as the big networks, in their stores also in contact centres. I also hold a degree in telecoms engineering so I like to think I know what I’m talking about 😂0
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When i opened my Flex Account in branch I was offered account with £750 overdraft and a credit card with £4000 credit limit.
Checked with Experian and only one search for Flex Account is showing.0 -
Thanks sscott. What's your general credit profile like, if I may ask ?
I'm hoping it's not just a marketing ploy by Nationwide. I understand that people with bad credit etc will be declined, but what kind of profile are they basically looking for ?0
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