Is Nationwide The best at the Minute?

Gogs963

I am currently with Santander and been told to switch all accounts to Nationwide, i have a 123 account and a basic account with 70k between them. 

I have searched best banks to switch to and cannot see Nationwide is this because it is a building society? Can i switch to Nationwide or is there a better option at present? I need an app that i can see all my accounts at once. 

Can you use the switch service for Nationwide?

BoGoF

Best for what?

If you mean cash for switching then that ship has sailed.

EarthBoy

Gogs963 said:

I am currently with Santander and been told to switch all accounts to Nationwide, 

Been told by who, and why?

Lions_89

You can switch to nationwide, but if you are after a great app, that’s not to be found at nationwide. It works though. 

Stargunner

You can see all your accounts in the Santander app. 

What is the reason that you want to switch?

Middle_of_the_Road

Gogs963 said:

I am currently with Santander and been told to switch all accounts to Nationwide, i have a 123 account and a basic account with 70k between them. 

I have searched best banks to switch to and cannot see Nationwide is this because it is a building society? Can i switch to Nationwide or is there a better option at present? I need an app that i can see all my accounts at once. 

Can you use the switch service for Nationwide?

Nationwide are not considered the best as far as current accounts are concerned, although their customer service is rated higher than many other leading banks. Many recommend First Direct as a great current account, and their customer service is highly rated. You will also get £175 if you switch to FD. If you have £70k in your Santander current accounts you're missing out on the interest (~£300pm) you would earn in a good savings account.

km1500

one thing Nationwide current accounts are rated good for is if you have a flex plus account and you get the travel insurance, breakdown cover and mobile phone insurance

The price of £13 a month is a very good deal - however obviously you have to want the insurances in the first place

the other thing about Nationwide is that do not seem at the moment to be closing many branches so if having a branch near to you is important than the may well be a Nationwide one

lr1277

Good point about Nationwide: I believe both their credit card and debit card are free of forex charges. But if this is important to you, please check.

Not so good point: Whilst they are apparently not closing branches at least one branch has gone part-time. It is now open on 3 weekdays and Saturday morning.

EarthBoy

lr1277 said:

Not so good point: Whilst they are apparently not closing branches at least one branch has gone part-time. It is now open on 3 weekdays and Saturday morning.

Some of Nationwide's branches are so called "limited service" branches, which don't have a counter service, just banks of cash machines and computer terminals/tablets. Personally, I don't think these are worthy of the name "branch". 

blue.peter

lr1277 said:

Good point about Nationwide: I believe both their credit card and debit card are free of forex charges. But if this is important to you, please check.

There's definitely no non-sterling transaction fee (or whatever you prefer to call it) on the Nationwide credit card. I often buy things online priced in US dollars or Euros, and don't get stiffed for such a charge when I use mine. The cost is simply converted to sterling and that's it.

I'm not sure whether the same applies to the Nationwide debit card, because I've no experience of using it for foreign currency transactions and no intention to do so.

Rob5342

 Why do you want to switch, what interest rate to do you get at the moment? Nationwide's app works but they are hopelessly old fashioned.

You'd be better off keeping the account seperate really, then you can choose each one for it's purpose.