Santander 123 and Nationwide Flexdirect

JulyKnot

I already have one of each of these accounts.

Are you allowed to have more than one account and still get the advertised interest rate on the second account?

AndyPK

You are for Santander.

NW you can but the terms say u get interest on one only, but people on here find they get interest on all of them.

AlwaysLearnin

If you're looking for somewhere to store some cash, Lloyds &/or BOS Vantage accounts may be worth a look - up to 3% without the £2 p/m fee of Santander, and if you have more than one then cycling between them satisfies funding requirements (i.e. doesn't need to come from external acct).

JulyKnot

Yes thanks. Already have several Lloyds Vantage doing just that. Actually, can I get BOS Vantage as well? There's an idea if possible. If so how many nowadays?

Archi_Bald

3 BoS Vantage as well, yes.

MisterMotivated

I've just opened a second FlexDirect this week, so am waiting eagerly to see if I'll get the 5% interest on it (though given that it's only been open a few days I probably won't be able to tell the difference between 5% and a lower rate, lol)

zerog

Well you may be bad at maths but I'm not, so I'll let everyone know whether I'm getting 5% on Sunday/Monday.

Interestingly, I got rejected for overdraft on my first FlexD, but got £1500 limit on the second one open 2 weeks later. From my previous experience with Nationwide's credit card, I think the overdraft approval was due to me depositing the £2500 in the first FlexD. (Previously my FlexAccount had less than £1 for the past year, though £750 goes in and out each month.)

JulyKnot

zerog wrote: »

Well you may be bad at maths but I'm not, so I'll let everyone know whether I'm getting 5% on Sunday/Monday.

That would be good to know. Has anyone reported on here not receiving the 5% on a second account?

anoncol

JulyKnot wrote: »

That would be good to know. Has anyone reported on here not receiving the 5% on a second account?

That's what I'd be interested to hear as well.

Archi_Bald

Same Q has been asked in other thread in the last 24 hours. A was that, as yet, nobody has reported not getting the 5%.

There's always a first time for everything though.....

anoncol

Archi_Bald wrote: »

Same Q has been asked in other thread in the last 24 hours. A was that, as yet, nobody has reported not getting the 5%.

There's always a first time for everything though.....

Cool, my wife and i are looking to open a 2nd soon.