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Nationwide FlexDirect - 5% interest, free overdraft

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Comments

  • You should have received interest.

    To get a quicker reply ring them on either 01793 656789 or free phone number 0800 302010
    "Look after your pennies and your pounds will look after themselves"
  • Apologies if someone's asked already, but can you transfer between FlexDirect accounts for the £1000 funding requirement? I've had one a/c since June and transferred in/out of external account, but I now have a second FlexDirect so not sure if I can fund from 'within' by in/out payments, like with Lloyds or whether I need to do the same as with first account.
  • Apologies if someone's asked already, but can you transfer between FlexDirect accounts for the £1000 funding requirement? I've had one a/c since June and transferred in/out of external account, but I now have a second FlexDirect so not sure if I can fund from 'within' by in/out payments, like with Lloyds or whether I need to do the same as with first account.

    External accounts only i.e. non NW ones.

    Transfer out to Lloyds into NW1 then out of NW1 to Lloyds and back into NW2.

    Easy
  • External accounts only i.e. non NW ones.

    Transfer out to Lloyds into NW1 then out of NW1 to Lloyds and back into NW2.

    Easy
    OK thanks I can set that up now :j
  • Ken68
    Ken68 Posts: 6,825 Forumite
    Part of the Furniture 1,000 Posts Energy Saving Champion Home Insurance Hacker!
    I really do admire you all who have multiple FlexDirect accounts and manage also Vantage/Enhance and whatever else
    Am an oldie and finding it uphill just to get transferred from Flexaccount to Flex Direct
    Would you believe I have just received a new batch of FlexAccount cheques and also a batch of FlexDirect cheques.
    Long read but nice to see some on top.
  • Hi. . Just wondering if I would be charged an underfunding fee if I chose to withdraw against the entire overdraft but not pay in the 1000 a month.
    Apologies if this has been asked before.
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    edited 26 October 2013 at 5:20PM
    They would probably recall the entire overdraft in one go - but check the T&Cs for further information.

    E.g. Clause 22
    http://www.nationwide.co.uk/pdf/btp/P857_ImportantInformation-TermsAndConditions.pdf
  • harriko
    harriko Posts: 121 Forumite
    Part of the Furniture Combo Breaker
    anyone got their interest paid today?
  • harriko wrote: »
    anyone got their interest paid today?


    not yet here...
    5.41 kWp System, E-W. Installed Nov 2017
    Lux + 3 x US2000B + 2 x US3000C battery storage. Installed Mar 2020.
  • harriko
    harriko Posts: 121 Forumite
    Part of the Furniture Combo Breaker
    Got nothing yet. Applied for 2 accounts in the last month. Waiting for the first interest payment
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