Can I beat this return on my money?

Skintsaver

I've always had 2 bank accounts one for bills other for general spending. I used to have a 3rd for saving but I've had to eat this up and I will begin to start saving mid this year. I currently have around £2000-£2500 in total. I'm looking at switching from tsb and santander too nationwide flex direct where I can get 5% on £2500 £125 interest and natwest where I can get £175 for switching. Soo approx £300 roughly 12% return on my money. Then later I'll look at finding a regular saving account. Is there anyway I could make my money get more like bills cashback like I have now with santander.? 

Rudyson

Unless they've changed the rules, you don't have to switch to nationwide to get the benefits. You could simply open a Flexplus, and keep one of your existing acounts, maybe TSB for 3% of first £1500, or switch to a third account for another bonus.

eskbanker

Rudyson said:

Unless they've changed the rules, you don't have to switch to nationwide to get the benefits. You could simply open a Flexplus FlexDirect, and keep one of your existing acounts, maybe TSB for 3% of first £1500, or switch to a third account for another bonus.

You could open a FlexPlus, but as it's Nationwide's chargeable packaged account, it's not the one to open if looking for 5% interest for a year, that's FlexDirect.  I'm sure they must have had their reasons to use the same prefix for all of their accounts but it often leads to confusion....

Rudyson

eskbanker said:

Rudyson said:

Unless they've changed the rules, you don't have to switch to nationwide to get the benefits. You could simply open a Flexplus FlexDirect, and keep one of your existing acounts, maybe TSB for 3% of first £1500, or switch to a third account for another bonus.

You could open a FlexPlus, but as it's Nationwide's chargeable packaged account, it's not the one to open if looking for 5% interest for a year, that's FlexDirect.  I'm sure they must have had their reasons to use the same prefix for all of their accounts but it often leads to confusion....

Thanks eskbanker, you're quite right.

grumiofoundation

If you can get someone to refer you to nationwide you can get another £100 by switching.