Nationwide Flexclusive RS eligibility

zolablue25

Hi all

I've tried looking on the Nationwide website but I can't see a definitive answer to my question so maybe you guys can help.

Bit of background...we have held a Nationwide Flexaccount for several years as it used to be useful for overseas use but when they changed that we stopped using it regularly. I'm now thinking that it would be useful to use their Flexclusive Regular Saver account and avail myself of the 5% rate, however I need to make my account eligible. The only criteria that I think I need is to put £750 through it for 3 months.

Now, finally, I get to my question. What do they class as a "month". Is it 3 calendar months (i.e. from 1st to 30/31st) or is it a month from your next deposit? Or is it something else entirely.

If I put £750 in today, when should I put the next £750 in - 1st Feb or 16th Feb or any other date?

Thanks

alanq

Ts&Cs for FlexDirect definition ' “month” means calendar month'.
http://www.nationwide.co.uk/~/media/MainSite/documents/products/current-accounts/shared/P857_ImportantInformation-TermsAndConditions.pdf

It is likely that FlexAccount would use the same definition.

YorkshireBoy

alanq wrote: »

Ts&Cs for FlexDirect definition ' “month” means calendar month'.
http://www.nationwide.co.uk/~/media/MainSite/documents/products/current-accounts/shared/P857_ImportantInformation-TermsAndConditions.pdf

It is likely that FlexAccount would use the same definition.

That document covers all Nationwide current accounts, with specific sections for additional T&Cs for the 3 main ones (Plus/Direct/Account).

The bit you've quoted is in the general section, so applies to all products.

alanq

YorkshireBoy wrote: »

The bit you've quoted is in the general section, so applies to all products.

Thanks. I skim read a bit too quickly.

anoncol

How can deposits be done to this account? Can it be topped up manually? I've just opened my new flex direct and didn't even know about this account.

YorkshireBoy

anoncol wrote: »

How can deposits be done to this account?

Any way you like, as per the T&Cs.

Can it be topped up manually?

Yes, as many times as you like...subject to the £500 per month max increase in balance.

I've just opened my new flex direct and didn't even know about this account.

It's on their website, and there's a very long discussion thread on the savings board on here.