Top Bank Accounts Discussion Area

Ak92

Thanks for all the info people most appreciated, you have all made it alot easier for me to understand . One last thing... I am depositing the £1000 required a month to get the 5% at the end of the mmonth, as that's when I get paid. Should I wait for the 1st of every month or continue with what I am doing? Thanks

DPS-2016

ValiantSon wrote: »

Just tried and it's working for me. Possibly a temporary glitch or a browser issue. Try another browser to start with.

Thanks.

Just tried in Edge and Firefox as well as Chrome and all are giving the same error - very strange.

In case it was just one bad link I've tried clicking on the various First Direct links in the article but still nothing .

EDIT: Just worked it out - over enthusiastic Virus Scanner blocking it!! Thanks for helping.

aym280

Open FlexDirect acoount for son, but was sent a different card. Put £2500 right at the beginning of the month and got no interest. Then realised I was sent the wrong card. So quickly updated to FlexDirect and got sent the right card. At the end of the month, got no interest and was told I was penalised for transferring £1000 from my own Nationwide account to sons' account. Then, I transferred the money from another bank and lo and behold about £3 interest. Phoned up and now this time was told son had an account closed in 2015. I feel aggrieved, being robbed to fund the CEO who earns £3m and fund the horrible adverts which make me channel surf! Very annoying.

If you want to open an account with Nationwide, beware of all their tricks. :mad::mad::mad:

eskbanker

aym280 wrote: »

At the end of the month, got no interest and was told I was penalised for transferring £1000 from my own Nationwide account to sons' account.

So you didn't read their published information about this then:

Interest rates when you're in credit as long as you pay in £1,000 per calendar month (excluding transfers from any Nationwide account held by you or anyone else)

aym280 wrote: »

I transferred the money from another bank and lo and behold about £3 interest. Phoned up and now this time was told son had an account closed in 2015.

So you didn't read their published information about this then:

If you have previously held a FlexDirect account you will not be entitled to the introductory rate or offer under a new agreement and therefore you will receive the standard 1% gross p.a/ AER (variable) interest rate.

aym280 wrote: »

I feel aggrieved, being robbed to fund the CEO who earns £3m and fund the horrible adverts which make me channel surf! Very annoying.

If you want to open an account with Nationwide, beware of all their tricks. :mad::mad::mad:

....or just read their Ts & Cs and abide by them? #justsaying

radoslaff

aym280 wrote: »

Open FlexDirect acoount for son, but was sent a different card. Put £2500 right at the beginning of the month and got no interest. Then realised I was sent the wrong card. So quickly updated to FlexDirect and got sent the right card. At the end of the month, got no interest and was told I was penalised for transferring £1000 from my own Nationwide account to sons' account. Then, I transferred the money from another bank and lo and behold about £3 interest. Phoned up and now this time was told son had an account closed in 2015. I feel aggrieved, being robbed to fund the CEO who earns £3m and fund the horrible adverts which make me channel surf! Very annoying.

If you want to open an account with Nationwide, beware of all their tricks. :mad::mad::mad:

And the funny thing is that all these "tricks" are clearly stated in the T&Cs. You can't use another Nationwide account to meet the £1000 pay in and you were late opening the account obviously. if you had opened it in the beginning of January, it would have worked. Not anymore.

colsten

aym280 wrote: »

Open FlexDirect acoount for son, but was sent a different card. Put £2500 right at the beginning of the month and got no interest. Then realised I was sent the wrong card. So quickly updated to FlexDirect and got sent the right card. At the end of the month, got no interest and was told I was penalised for transferring £1000 from my own Nationwide account to sons' account. Then, I transferred the money from another bank and lo and behold about £3 interest. Phoned up and now this time was told son had an account closed in 2015. I feel aggrieved, being robbed to fund the CEO who earns £3m and fund the horrible adverts which make me channel surf! Very annoying.

If you want to open an account with Nationwide, beware of all their tricks. :mad::mad::mad:

As others have already said, no trickery on behalf of Nationwide was involved. Their T&Cs are freely available, easy to read, and you were asked to confirm that you had read the T&Cs. You should have learnt your lesson from this experience. Good luck with your next foray into bonus bagging.

JimmyTheWig

Are there really no bank accounts that offer cashback via TopCashback?
I don't want to switch, just open another account. Thought I'd at least be able to get a tenner...

orange-juice

Bank of Scotland is cutting the interest rate on their current account (w/Vantage).

"From the 1st July 2018, we are making some changes to this account.

We will be changing the interest you can earn on Vantage accounts. The current interest rate of 2% AER/1.98% gross variable, payable on balances between £1 and £5,000, will reduce to 1.5% AER/1.49% gross variable. To earn interest you will still need to pay two different Direct Debits each calendar month, pay at least £1,000 into your account each calendar month, and stay in credit (above £0) during the monthly billing period."

polymaff

Club Lloyds, too.

where_are_we

We had already decided to empty our 6 BOS classic vantage accounts at the beginning of next month due to the the bottom of the range 2% interest rate and loss of Tesco DD`s necessitating finding 12 new DD`s. We will cancel our £1000 in/out standing orders after this months have gone through and keep £1 in each classic account because of the 2.5% monthly savers condition of having a BOS current account.