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Extend Nationwide current account at 5% pa interest rate
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Are you saying that if you close a flexDirect account you Not Allowed To open another flexDirect account in 12 months time, OR you cannot open a flexDirect in 12months time and get 5%.
I presume the fexDirect account will still be available but with a lower interst rate.
The 2nd of your options. 5% rate for 12 months is available only once.
There is however little point in closing and reopening a Flexdirect. You can simply retain it after the 5% period has expired, and get 1%.0
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