Nationwide travel insurance?

NowRetired

I was discussing, well moaning actually, that I have to buy travel insurance and because of my wife's and I's age, it was getting more expensive each year and that years ago I didn't need to because I had a Capital One credit card and it came with free travel insurance. Now stopped.

I have a Nationwide FlexDirect account to get the 5% interest on £2,500 and someone said that it came with free travel insurance.

I have searched all the stuff I have about my account and nowhere does it mention travel insurance.

So is this someone mistaken?

bryanb

Yes mistaken, it's the Flex plus at £10 per month that has travel insurance, OK till age 75 It's 3% plus other benefits. UK and Europe breakdown for one. Worth it for me.

gardner1

free insurance with the flexaccount

NowRetired

Since I paid £67 to get 1 trip insurance for the both of us I might just pay the £120 to get travel insurance, depending on whether or not my wife injures herself this time.
If she does that is the last holiday abroad.

At least there are coach trips in the UK.

daveyjp

You may get annual for less than £120. Don't get a bank account just for it, shop around. Packaged insurances can be lacking in cover.

angelsmomma

It is free with the flexaccount. You have opened the flexdirect which is a different account.

You don't need to pay £120 a year it is free, just open a flexaccount. This is only for Europe though not worldwide.

apt

But the Flexaccount costs nothing (apart from moving £750 per month in and out of the account) for free European travel insurance. It's also quite cheap to upgrade to worldwide. Obviously check the T&Cs, but travel insurance via bank accounts is not necessarily worse.

bryanb

NowRetired wrote: »

Since I paid £67 to get 1 trip insurance for the both of us I might just pay the £120 to get travel insurance, depending on whether or not my wife injures herself this time.
If she does that is the last holiday abroad.

At least there are coach trips in the UK.

Don't forget breakdown cover is included, UK & Europe, plus homestart. If you drive £120 will be well spent.
You could reduce the notional cost by subtracting the 3% interest you receive.

innovate

bryanb wrote: »

Don't forget breakdown cover is included, UK & Europe, plus homestart. If you drive £120 will be well spent.
You could reduce the notional cost by subtracting the 3% interest you receive.

and mobile phone insurance, and some sort of card cover.

bryanb

Could be advantageous for a couple to open separate accounts, maybe one flexplus and one flexdirect. Best of both worlds.