FlexDirect Stooze

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Apply for the max number of Nationwide FlexDirects, can be 5, or more?, if you ask for 4 new and then convert any exisiting Flex. Ask for maximum DDs on the application and stooze, but only if that's beneficial in tax terms and depending on the DDs you're offered, till just before the aniversary. Can't see it lasting!
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Depending on the size of any overdraft you are given, it may be more profitable to use it as a savings account instead.
Haha!so did I.......
dx
And this is even if their FAQs say: "You can open up to four Nationwide current accounts, however you are only guaranteed the 5% AER promotional interest rate on one FlexDirect account."?
Reason I ask is that my first 3 FlexDirect applications have resulted in the max £2.5K O/D being allocated to each.
I'll be going for the 4th (and last!) account over the weekend, but don't want to take out £10K (to save at 3% elsewhere) and then get lumbered with circa £45 of charges next month!
So, anyone successfully stoozed more than one FlexDirect overdraft in March, and not incurred any fees this month (or notified of any fees pending)?
What's making me a little nervous is this from the T&Cs... ...because the free O/D could be deemed an "offer".
Would you not be better stoozing at 5% in the Nationwide FlexDirect accounts? Even if you used one Nationwide FlexDirect overdraft to fund another one..
Regards
Sunil
If YB's fourth application is successful, then he could stooze the o/ds from two of those accounts in the two others - so be earning 5% on £5k (£250 gross).
But he's proposing to stooze £10k at 3%, which gives £300 gross.
The jury's out, but I'm hoping for a verdict of not guilty (of gross exploitation
This could go one of 3 ways:
Accept, and £10K stoozed.
Decline and £7.5K stoozed.
Accept or Decline, and only one 'introductory rate or offer' given, despite having 3/4 accounts.
Good point - for some reason I hadn't thought of it that way.
So in my case I could save £19,000 at 3.2% for a few months rather than 10,[email protected]% and be better off. (my overdrafts were £2,250/account not 2.5k for some reason)
Regards
Sunil
Still - any ideas if a 5th account is possible?