Nationwide Flexplus account

grumbler

Pay_me wrote: »

Where do you get the £42 for full breakdown assistance? I have gone through the AA, RAC and Green Flag websites and like for like cover is more expensive than £42. Is there a comparison site for breakdown cover?

Pay_me wrote: »

As an example of the break down cover.

RAC on their website is showing

Roadside,Home Start and Onward Travel as a one of payment of £129.99 or £13.20 per month.

Cheap Breakdown Cover

>>Fully comp: £42 AutoAid, £47 RAC, £49 AA

Pay_me wrote: »

IInsurance yes I think it is worth it through the bank account. As an example 2015 I did 3 international trips 2 in the EU and one outside of the EU. In 2014 I did 12 European trips. This year 2016 I have been away for 1 week in the Eu so far, got 2 European city trips booked and 1 international trip for later in the year (deposit already paid).

I don't need mobile insurance, and without it FlexPlus isn't worth paying for. I pay £42 for Autoaid and £40 for upgrading my free Flexaccount EU family insurance to worldwide one.
However, the cheapest annual worldwide cover costs just £28 apparently: Travel Insurance

...I was going to buy an S6 next month when I finish on this contract.

Well, I don't want to sound patronising, but IMHO with just £35 p.m. savings you have higher priorities than S6.

colsten

FlexPlus is a beautiful account if you can keep it topped up to £2,500 all the time and earn the max interest. That will essentially half the cost.

zagfles

chelldavies wrote: »

Anyone know if the family worldwide travel insurance covers non package holidays? I can see it mentions end supply failure, is that sufficient or do I also need Safi?
Thanks

What's Safi? Why wouldn't it cover non package, I've used Nationwide on non package holidays - not been on a package holiday for the last 10 years or so.

Pay_me

grumbler wrote: »

Cheap Breakdown Cover

>>Fully comp: £42 AutoAid, £47 RAC, £49 AA
I don't need mobile insurance, and without it FlexPlus isn't worth paying for. I pay £42 for Autoaid and £40 for upgrading my free Flexaccount EU family insurance to worldwide one.
However, the cheapest annual worldwide cover costs just £28 apparently: Travel Insurance
Well, I don't want to sound patronising, but IMHO with just £35 p.m. savings you have higher priorities than S6.

I will look in to Autoaid though as it is a pay and reclaim scheme how much does it cost for example to be towed from the hard shoulder of the motorway?

I will check the travel insurance also to see I might go down the line of purchasing an annual policy.

Don't take this the wrong way but the comment about higher priorities is below the belt and not called for! You have made a judgement without asking for full facts or having the full facts.

The thread is about gauging opinion on the Natiowide Flexplus account. At no point in this thread have a said I am in financial difficulty. I said that I am overhauling my finances and trying save a few pounds. I do this every year at this time of year I try to reduce my monthly outgoings year on year but keep a similar level of service.

I have noticed over the last year that some things I pay for can be had cheaper i.e £15.50 for the Co-Op could be £10 with nation wide a £5.50 saving. My new mobile phone contract will be £18 a month cheaper etc etc etc. The S6 if I buy it will be purchased outright in one payment it has no bearing on if I save £35 per month or £100 per month etc.

Pay_me

colsten wrote: »

FlexPlus is a beautiful account if you can keep it topped up to £2,500 all the time and earn the max interest. That will essentially half the cost.

Cheers, Yes I could keep it topped up at £2500 for the next 12 months minimum probably more.

zagfles

grumbler wrote: »

Cheap Breakdown Cover

>>Fully comp: £42 AutoAid, £47 RAC, £49 AA

That's just UK not Europe, which FlexPlus covers.

I don't need mobile insurance, and without it FlexPlus isn't worth paying for. I pay £42 for Autoaid and £40 for upgrading my free Flexaccount EU family insurance to worldwide one.
However, the cheapest annual worldwide cover costs just £28 apparently: Travel Insurance

Not inc winter sports.

Obviously not everyone will need what FlexPlus offers, but if you need the European breakdown and the worldwide family travel insurance inc winter sports it's a good deal.

grumbler

Pay_me wrote: »

I will look in to Autoaid though as it is a pay and reclaim scheme how much does it cost for example to be towed from the hard shoulder of the motorway?

I have no idea and don't really care. Ask on the Motoring board.

Despite having it for years, I have very limited experience with it as only once my wife had to call them after damaging a wheel and a tyre. The help arrived very fast and, surprisingly, didn't charge her anything for replacing the wheel with the spare - although she specifically asked whether she had to to pay.
Another plus was that they insured our ~15 y.o. card without problems while the major companies started rejecting online purchases, that made TCB/Quidco cashback unavailable.

colsten wrote: »

FlexPlus is a beautiful account if you can keep it topped up to £2,500 all the time and earn the max interest. That will essentially half the cost.

This is only if you filled other 5% accounts and took advantage of regular savers (or are lazy to do this).

colsten

grumbler wrote: »

This is only if you filled other 5% accounts and took advantage of regular savers (or are lazy to do this).

Yes, that's why I bolded the 'if'

chelldavies

Thanks zagfles, safi is scheduled airline failure insurance, recommended for non package hols in case airline cancels flight, I think?!?! Just trying to establish if I have enough cover through Nationwide flex plus and credit card.
Sorry for high jacking your thread pay_me ☺️

Mr_Goodkat

I have the Flex Plus account as a joint account and I think it is a great account £120 per year to cover both of us for Worldwide travel, European breakdown and mobile phone insurance as well as extended warranty cover.


The fee is offset with £2,500 in the account earning 3% interest


The Nationwide Select credit card is also a decent card, no fees for foreign usage, 0.5% cash back and when I took it out a few years ago got a 0% purchase deal meaning the money spent on the credit card was saved in high interest accounts and then paid off just before the deal expired.