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Nationwide FlexDirect C/A - 5% on 2K5 no fee
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Do banks do credit checks for savings accounts?
I opened 3 current accounts last month and was instantly accepted for a FlexDirect today, bringing the number of my used & funded current accounts to 10.
I do wonder if I'm going to hit a point at sometime when I'll be refused for having too many. After all, its possible to have an unarranged overdraft with all of them!0 -
I setup nationwide account on monday and still havent received anything in the post. Hopefully will get something early next week and then will start opening them up online. Not any point me doing it now, as I will just have to wait another 5 days to receive it.0
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I opened 3 current accounts last month and was instantly accepted for a FlexDirect today, bringing the number of my used & funded current accounts to 10.
I do wonder if I'm going to hit a point at sometime when I'll be refused for having too many.
Just considering whether to go for one (or two if possible) of these Nationwide accounts (in addition to my standard FlexAccount).0 -
would be great if the staff could merge this thread some how with this thread:
https://forums.moneysavingexpert.com/discussion/44729010 -
After seeing this online I popped into my local branch to ask if the new flex account had the free travel insurance and as I expected was told it didn't.
However, the manager informed me that there is a 3rd Flex account being launched I think he said on 11 March and details will be released next week so don't going jumping in just yet.
He said there would be a small monthly charge but it will have a lot more benefits, ie WW travel insurance again, free mobile insurance and a good interest rate. I asked if it would be similar to the 123 and he said yes but he didn't think the balance for the higher interest would be as much as Santanders £20000! He wasn't permitted to give me any more information but asked if I would like to make an appointment for early next week to see an advisor.
Will wait to see what they unveil next week before jumping in.0 -
After seeing this online I popped into my local branch to ask if the new flex account had the free travel insurance and as I expected was told it didn't.
However, the manager informed me that there is a 3rd Flex account being launched I think he said on 11 March and details will be released next week so don't going jumping in just yet.
He said there would be a small monthly charge but it will have a lot more benefits, ie WW travel insurance again, free mobile insurance and a good interest rate. I asked if it would be similar to the 123 and he said yes but he didn't think the balance for the higher interest would be as much as Santanders £20000! He wasn't permitted to give me any more information but asked if I would like to make an appointment for early next week to see an advisor.
Will wait to see what they unveil next week before jumping in.
great news! always nice to hear about new accounts! i seem to be racking up current accounts and my excel spreadsheet is getting pretty hard to keep up to date! Please update us if you hear anything further!
cheers
P0 -
After seeing this online I popped into my local branch to ask if the new flex account had the free travel insurance and as I expected was told it didn't.
However, the manager informed me that there is a 3rd Flex account being launched I think he said on 11 March and details will be released next week so don't going jumping in just yet.
He said there would be a small monthly charge but it will have a lot more benefits, ie WW travel insurance again, free mobile insurance and a good interest rate. I asked if it would be similar to the 123 and he said yes but he didn't think the balance for the higher interest would be as much as Santanders £20000! He wasn't permitted to give me any more information but asked if I would like to make an appointment for early next week to see an advisor.
Will wait to see what they unveil next week before jumping in.
After reading the two threads on this I was just about to jump in and open 3-5 accounts now, but then I read your post...........Think I'll just open the two for now and see what next week brings too.0 -
I'm going to go out on a limb and guess the new account will be called FlexPlus.
Keep an eye on these links:
http://www.nationwide.co.uk/featuresandexclusions.htm
http://www.nationwide.co.uk/appliancelist.htm
http://www.nationwide.co.uk/mobilefamilycover.htm
http://www.nationwide.co.uk/flexplus/faqs.htm
http://www.nationwide.co.uk/flexplus_policysummary.htm0 -
Remember, you wont have to get cards for every account - its optional.
There is no option to say you don't want a card for the FlexDirects (same was/is the case for FlexAccounts). You can, however, specify whether you want a cheque book (default is "no" - - very sensible!).I cant see how it owuld have a negative effective on CR, unless you constantly hit/use overdraft and dont repay it?would be great if the staff could merge this thread some how with this thread:
https://forums.moneysavingexpert.com/discussion/4472901
Oh yes, it definitely would.
Mind you, it wouldn't stop MSEers to post the same question a dozen times.0 -
Please excuse what is probably a basic question, i'm fairly new to this game.
Any way , whats the best ,most convenient way of continually moving money around in order to satisfy the t&c . If you have multiable accounts in the same place. Furthermore , how long does it take to move say £1k into an account and out again and into another.0
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