Nationwide Flex Direct

dggar

Sorry if this has been asked before or if this is not the correct thread.

I have a Nationwide Flex Direct account which will come to the end of the 5% rate at the end of February..

I would like to transfer all the funds out and close the account
and then open a "new" Flex Direct account.

I can't see on the Nationwide web site how to closed down an account as opposed to withdrawing all funds and not feeding any more funds into it.

Any help here would be appreciated

noh

Why?
There is nothing to be gained by closing the account and then opening a new one.
If you are doing it in the hope of getting another 12months at 5% then I suggest you reread the T+Cs

To close an account you will need to call them or send a secure message.

dggar

noh wrote: »

Why?
There is nothing to be gained by closing the account and then opening a new one.
If you are doing it in the hope of getting another 12months at 5% then I suggest you reread the T+Cs

To close an account you will need to call them or send a secure message.

Found what your are referring to:

1.4 You will only be entitled to one introductory rate or offer (where applicable) on a Nationwide Group
current account product. If you have previously held the same Nationwide current account product in the last 12 months, you will not be entitled to the introductory rate or offer under this agreement.

So the question now arises as to where tp move the balance to for the best rate

eskbanker

See threads like https://forums.moneysavingexpert.com/discussion/4866463 for ideas about what to do next....