Nationwide FlexDirect - 5% interest, free overdraft

innovate

chamelion wrote: »

has anyone with multiple accounts confirmed that they get interest in all?

That question has been asked and answered several times on here already.

Gromitt

chamelion wrote: »

Just applied for 4th today - again got the further checks message so let's see if I can get 4!

Somehow I see you closing a few of them...

chamelion

Gromitt wrote: »

Somehow I see you closing a few of them...

why's that?

onzey

I think Gromitt is alluding to the fact that there will be no interest paid on at least the 3rd and 4th accounts, nor the 2nd if it was opened quite recently. Only the very early applicants for multiple FlexDirect accounts get interest on all accounts.

10_66

onzey wrote: »

Only the very early applicants for multiple FlexDirect accounts get interest on all accounts.

Depends on what you're calling early. I applied, was accepted and have received interest on my 4th account, that was opened mid April. I read somewhere on one of the many Flex Direct threads, that someone had been told by N'wide that they'd only receive interest if the account was opened sometime in March (I can't remember the exact date I read), but this is obviously not the case (with me anyway).

Speculator

Has anyone opened 5 or more accounts and received 5% for each account?

innovate

Yes
...........................

onzey

10_66 wrote: »

Depends on what you're calling early. I applied, was accepted and have received interest on my 4th account, that was opened mid April. I read somewhere on one of the many Flex Direct threads, that someone had been told by N'wide that they'd only receive interest if the account was opened sometime in March (I can't remember the exact date I read), but this is obviously not the case (with me anyway).

Did you open your first FlexDirect account soon after the launch date? Perhaps as long as the first one was opened in the first week or so after launch then further accounts get the same benefits whenever they are opened.

CherlokHomes

Me & my OH have maxed out 11 of them and been paid interest on all 11.

10_66

onzey wrote: »

Did you open your first FlexDirect account soon after the launch date? ...

First one was a conversion from an old Flex Account beginning of March, second and third were around 5 March, fourth was mid April.

I remember BugsyBrown vehemently posting on THIS thread (can't be bothered to read through them all to find which post numbers), saying that "I can tell you now from the Top that you'll only get 5% from one account, you can carry on believing other posters on here who haven't got a clue but trust me I'm right". I haven't seen any posts from them lately saying what the person from the "Top" has to say about it now. Maybe they'll have the last laugh on us, but then again maybe those of us with more than one account will have the last laugh instead. Who knows.