Nationwide FlexDirect - 5% interest, free overdraft

Archi_Bald

Is it time to start a new thread about 'missing' Vantage interest payments yet?

typistretired

Archi_Bald wrote: »

Is it time to start a new thread about 'missing' Vantage interest payments yet?

Isn't that the Lloyds Group not Nationwide?

Anyway relieved I have received all my interest again this month!

typistretired

veryintrigued wrote: »

Paid 45 mins early this month!

Wish I knew how you manage that, do you get a text???

purplestar133

For those that have got £2500 in this account, what do you do with the interest you earn? Do you just leave it in this account and accept that you won't earn interest on the interest as it's taken the balance above £2500 or can you have it paid into another account?

derrick

derrick wrote: »

I opened 2 online 18th & 23rd September 2013, both opened OK and interest credited to both on 30th September.

I have "opened" 2 more online and whilst they have "been offered" they are sending "details in the post".

.

typistretired wrote: »

Yes same happened to me, but once I had signed and returned a form to them, the account was opened. Was not expecting to get any interest on these latest accounts but I did.

Not sure how long they will continue to receive interest.

My second 2 accounts that I attempted to open, (25th September and 01st October), resulted in the above response, but a month down the line and I have heard nothing, both of the accounts I opened are paying interest.

Is it worth trying to apply again for 2 more?

.

derrick

purplestar133 wrote: »

For those that have got £2500 in this account, what do you do with the interest you earn? Do you just leave it in this account and accept that you won't earn interest on the interest as it's taken the balance above £2500 or can you have it paid into another account?

I am just transferring by DD into one of the savings accs I opened to continue receiving the £5.00's from Halifax Reward.

That way by having the DD's set up, when the interest finishes I may transfer to an account that pays you to transfer as the Nationwide is not may main CA.

.

typistretired

derrick wrote: »

My second 2 accounts that I attempted to open, (25th September and 01st October), resulted in the above response, but a month down the line and I have heard nothing, both of the accounts I opened are paying interest.

Is it worth trying to apply again for 2 more?

.

Yes, go for it!! All mine where eventually opened, they say you are allowed to open 4 anyway.

DragonQ

purplestar133 wrote: »

For those that have got £2500 in this account, what do you do with the interest you earn? Do you just leave it in this account and accept that you won't earn interest on the interest as it's taken the balance above £2500 or can you have it paid into another account?

My 3rd account isn't full so I dump the interest in there. I have enough money to fill all three but the minimum balance levels for Vantage accounts means it's not beneficial for me to do so.

typistretired

purplestar133 wrote: »

For those that have got £2500 in this account, what do you do with the interest you earn? Do you just leave it in this account and accept that you won't earn interest on the interest as it's taken the balance above £2500 or can you have it paid into another account?

No, I get it out straight away and into another interest paying account.

derrick

typistretired wrote: »

Yes, go for it!! All mine where eventually opened, they say you are allowed to open 4 anyway.

Are all 4 of yours paying interest?

.