We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Close Nationwide FlexDirect

24

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    w00519772 wrote: »
    Would you switch or just close the account?
    Serious question!?


    If you dropped two £50 notes (or even 3, as £150 switching incentives are available) and the wind blew them away would you chase after them?
  • w00519772
    w00519772 Posts: 1,297 Forumite
    YorkshireBoy wrote: »
    Serious question!?


    If you dropped two £50 notes (or even 3, as £150 switching incentives are available) and the wind blew them away would you chase after them?

    I would run after it. £100 is a lot of money to me. I guess you are suggesting a switch. What is the interest on these accounts? I guess I can switch back to nationwide this time next year?
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    w00519772 wrote: »
    What is the interest on these accounts?
    Which accounts? The ones paying switching incentives? Pretty dismal. In fact, with the exception of CB/YB, they don't pay anything! The ones paying switching incentives are...
    YB/CB
    FD
    Co-op
    M&S
    Halifax
    I guess I can switch back to nationwide this time next year?
    Possibly, maybe even before.
  • Archi_Bald
    Archi_Bald Posts: 9,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Halifax can pay a fiver a month though
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I'm just about to upgrade from Flexaccount to Flexdirect after downgrading a year ago.


    I've not seen anyone post on here that they've done similar and it has been successful in achieving the 5% again.


    Fingers crossed.
  • AndyPK
    AndyPK Posts: 4,405 Forumite
    Part of the Furniture 1,000 Posts
    YB/CB £150 switch.
    and gives you 2% on £3K from memory.

    The switch is more than the interest you can get in a year on some accounts!
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    AndyPK wrote: »
    YB/CB £150 switch.
    and gives you 2% on £3K from memory.

    The switch is more than the interest you can get in a year on some accounts!


    Not sure if that response was for me but I've been a real current account tart in the past and been through (and still hold) all the decent paying ones.
  • AndyPK
    AndyPK Posts: 4,405 Forumite
    Part of the Furniture 1,000 Posts
    no for the OP.

    Let me know if you get back to 5% on NW
  • ceredigion
    ceredigion Posts: 3,709 Forumite
    Eighth Anniversary 1,000 Posts Photogenic
    YorkshireBoy wrote: »

    I guess I can switch back to nationwide this time next year?
    Possibly, maybe even before.

    Allegedly


    The message you have entered is too short. Please lengthen your message to at least 10 characters.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ceredigion wrote: »
    Allegedly


    The message you have entered is too short. Please lengthen your message to at least 10 characters.
    No allegedly about it if he doesn't already have a joint FlexDirect account (and hasn't had one in the last 12 months). ;)
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture