Nationwide FlexDirect interest with a different name on the account

Sensory

I took advantage of the 5% interest for one year several years ago, but my full name has since changed. Is it worth trying to open another sole account, or maybe wait until interest rates increase (hopefully)?

General_Grant

Sensory said:

I took advantage of the 5% interest for one year several years ago, but my full name has since changed. Is it worth trying to open another sole account, or maybe wait until interest rates increase (hopefully)?

You are still the same person even if your name has changed.  It's the person, not the name, which qualifies.

jimjames

Sensory said:

I took advantage of the 5% interest for one year several years ago, but my full name has since changed. Is it worth trying to open another sole account, or maybe wait until interest rates increase (hopefully)?

Has your date of birth and address changed too?

Sensory

jimjames said:

Sensory said:

I took advantage of the 5% interest for one year several years ago, but my full name has since changed. Is it worth trying to open another sole account, or maybe wait until interest rates increase (hopefully)?

Has your date of birth and address changed too?

Address yes, but obviously not my birth date. I was curious because notes only ever mentioned name and not person.

General_Grant

NI number changed?  Or don't you have one?

PRAISETHESUN

Your former name will be linked as an alias on your credit files, so if you applied for a new account it should be fairly obvious to Nationwide that you're the same person but with a different name.

kaMelo

Sensory said:

jimjames said:

Sensory said:

I took advantage of the 5% interest for one year several years ago, but my full name has since changed. Is it worth trying to open another sole account, or maybe wait until interest rates increase (hopefully)?

Has your date of birth and address changed too?

Address yes, but obviously not my birth date. I was curious because notes only ever mentioned name and not person.

Using that interpretation you could change your name every year and be eligible. The terms are explicit, it's per person. The only mention of names is in relation to joint accounts and again, even if not explicit, the implication is per person not per name.

5) If you’ve previously held a FlexDirect account and beneftted

from the 5% or 2% AER introductory rate (depending on when

you applied) you will not be entitled to this rate again and the

0.25% AER rate will apply, unless you’re opening a FlexDirect

account in joint names and you haven’t previously held a

FlexDirect account in those joint names.

Sensory

Oh well, Nationwide gave me a new customer number anyway despite everything else remaining the same, so I have two separate logins, like I’m two different people.

phillw

Sensory said:

Oh well, Nationwide gave me a new customer number anyway despite everything else remaining the same, so I have two separate logins, like I’m two different people.

Feel free to try it then on the customer number that isn't associated with the previous account.

It's free to open an account, just don't be upset if they either don't give you the 5% or withdraw it at a later date.

Assuming they didn't ask if you'd previously been known as another name and you didn't lie, then I'd say it was their problem if their system gave you interest that you theoretically aren't entitled to.

kaMelo

It's 2% rather than 5%. Personally I'd open a few VM current accounts, get the same interest with no pay in requirements.