Nationwide current accounts

SavingStudent1

Hi everyone,

I currently have a FlexOne account with Nationwide and I can keep it until aged 23 after which Nationwide will transfer me to one of their other current accounts i.e. FlexPlus, FlexDirect or FlexAccount.

Now, I don't think I'll be switching to FlexPlus anytime soon in the future, but I wouldn't mind any of the other two accounts. I just graduated, should I stick to FlexOne or should I switch to FlexDirect or FlexAccount?

Thank you!

[Deleted User]

Have you looked at FlexStudent or FlexGraduate? 
I would be reluctant to give up the FlexOne otherwise as it comes with free overseas usage. 

SavingStudent1

Deleted User said:

Have you looked at FlexStudent or FlexGraduate? 
I would be reluctant to give up the FlexOne otherwise as it comes with free overseas usage. 

Yes, I can't get any unfortunately. I was also thinking of the same, but I'll be forced to change to another current account in 2 years at age 23, and I don't think I'll be going overseas anytime soon... I never use my card when I go either lol that's why.

EssexHebridean

The FlexDirect used to give you interest on credit balances of £2500 or below for the first year I think - and a fairly decent rate at that. The FlexAccount, meanwhile, comes with almost no benefits at all as far as I know. 

cx6

Flexdirect is the only one for which you cannot have paper statements if that is a concern

SavingStudent1

EssexHebridean said:

The FlexDirect used to give you interest on credit balances of £2500 or below for the first year I think - and a fairly decent rate at that. The FlexAccount, meanwhile, comes with almost no benefits at all as far as I know. 

Yeah, I genuinely feel like other than the 'overseas' aspect of the FlexOne account, the best account after that with no monthly fee for usage is the FlexDirect account, as FlexAccount is just for everyday banking but has no benefits tbh.

I'm not sure what Nationwide offers after age 23 (when you can't use FlexOne anymore) if you don't go for FlexPlus. The FlexDirect account is good for interest rates so I am thinking to choose that eventually.

SavingStudent1

cx6 said:

Flexdirect is the only one for which you cannot have paper statements if that is a concern

Yeah, I also noticed this - it is basically online banking only. But, I don't think this will be a concern for me as long as all the copies are there electronically and I can access them.