Nationwide flex direct

carlbhoy

Hi all, I opened one of these accounts just over a month ago, but no interest has been added yet, I wondered if anyone could tell me whether it is added monthly or yearly?, I have tried to ring them to find out,but all I'm getting is recorded messages, thanks

[Deleted User]

Extract From:
http://www.nationwide.co.uk/products/current-accounts/landing-page/flexdirect#tab:rates-and-fees

"How we pay interest: On the last day of each month we calculate the interest you've earned each day of that month and then pay you this interest on the 1st day of the next month. We pay this interest without tax deducted."

YorkshireBoy

You should have seen some interest on 1st Jan. Did you fund the account with at least £1K during December?

carlbhoy

I only opened the account on the 23rd of December I thought that because the account only paid 5% interest for 12 months, it was from the 23rd of December to the 23 rid of January, obviously I got it wrong, so I take it it will show on the 1st of February?

YorkshireBoy

carlbhoy wrote: »

I only opened the account on the 23rd of December I thought that because the account only paid 5% interest for 12 months, it was from the 23rd of December to the 23 rid of January, obviously I got it wrong, so I take it it will show on the 1st of February?

Again, did you fund in December?


Will you fund/have you funded in January?