Nationwide Overdrafts

starM

Hi, My wife opened up a Nationwide Flex account around a month ago and was offered a Visa Debit card and cheque book. She was not offered any overdraft facility.

She has checked on onlne banking and shows she is not entitled to an overdraft or a reserve limit at the moment. After how long Nationwide review accounts for overdrafts?

Thanks
MS

Rupert_Bear

starM wrote: »

Hi, My wife opened up a Nationwide Flex account around a month ago and was offered a Visa Debit card and cheque book. She was not offered any overdraft facility.

She has checked on onlne banking and shows she is not entitled to an overdraft or a reserve limit at the moment. After how long Nationwide review accounts for overdrafts?

Thanks
MS

They normally review every 6 months.

kissingthepink

starM wrote: »

Hi, My wife opened up a Nationwide Flex account around a month ago and was offered a Visa Debit card and cheque book. She was not offered any overdraft facility.

She has checked on onlne banking and shows she is not entitled to an overdraft or a reserve limit at the moment. After how long Nationwide review accounts for overdrafts?

Thanks
MS

Has she asked them for an overdraft? You can apply for one online if she does on line banking. When I opened my Flex Account I had an overdraft facility immediately, but I did ask for this when opening the account.

starM

She did ask for overdraft but was not approved for it during online application. When she click on overdrafts she gets a message:-

We are unable to agree to provide an overdraft limit to you at present. Our decision has been reached after a careful assessment of what we know about your personal financial circumstances.

Reserve limit shows a message:- You current dont have a reseve limit.

MS