Switching with an overdraft

eddy2007

Hi, I hope this is in the right place.

I currently have an overdraft with Santander of £1700 and looking to switch to the Nationwide FlexDirect account which has a 0% overdraft for 12 months.

I have a reasonably good credit history but want to make sure Nationwide will match my £1700 overdraft when switching.

Do you know if it is best to apply online using the 7 day switch guarantee, or should I apply in branch? Will I get an overdraft offered/confirmed before actually going ahead with the switch?

Thanks, Ed

eddy2007

Anyone able to help?

colsten

Applying for an account and switching to an account are two separate processes. Therefore you should know whether & what overdraft facility you will be offered before you ask for the switch. I don't think you can apply for a FlexDirect in Branch as it is exclusively an online account.

You shouldn't apply for the switch before your new account is fully operational, i.e. you have full online access, a card reader, a debit card and a PIN. This can take considerable time to come through.

If you got for the switch, you could probably benefit from the Refer A Friend Offer - details on the Nationwide website.