Nationwide Fairer Share

SevenOfNine

Please be kind, a new medical issue means N/W FlexPlus Aviva insurance won't cover me for ANY declarations that haven't been a problem before. So pointless renewing on 1 Oct.

Trying to find insurance cover has me too stressed to properly get my head round the Fairer Share for 2025.........

I'll downgrade our Plus a/c to a Flex Account (& keep a nominal amount in it), transfer in £500 in 2 of the 3 qualifying months.  That bit is clear.

But "make 2 payments out", does that mean I can transfer £500 in, then transfer OUT £250 & another £250? Do TRANSFERS as 'payments' count, or should I use the debit card twice for nominal purchase payments & move the balance of the £500 separately. Repeat the next month.

Thanks.

Ordinary_Yet_Unique

I believe you can add new conditions for a supplement. Whenever we received the renewal documentation we simply updated details as necessary and a new quote was calculated for the travel insurance. 

I appreciate this may have changed. May be worth looking at before downgrading account. 

The car breakdown and mobile phone cover is still good value. I have a joint Flex Plus with my mother which works out even better value as we are both covered for travel, car breakdown and mobile phones. 

Exodi

SevenOfNine said:

Please be kind, a new medical issue means N/W FlexPlus Aviva insurance won't cover me for ANY declarations that haven't been a problem before. So pointless renewing on 1 Oct.

Sorry, a lot more detail possibly needed -

AFAIK NW-Aviva will cover you if you purchase the 'pre-existing conditions upgrade' on the insurance policy (that's what I did for my Atrial Fibrillation). Are you saying NW-Aviva won't cover your pre-existing conditions for free anymore, or that they won't cover them at all, even if you declare them to Aviva and pay the upgrade charge?

Or were these conditions not pre-existing and occurred during your cover period? Unfortunately this is probably meaningless as the insurer changed last year.

I'm not sure if the NW-Aviva policy includes moratorium underwriting.

There was a notification about pre-existing conditions in 2024:

From 1 May 2024, your FlexPlus Travel Insurance provider is changing from U K Insurance Limited to Aviva Insurance Limited (Aviva). This means your current policy will be replaced with a new one from Aviva on 1 May 2024.

There are differences that you should be aware of such as:

• If you have a pre-existing medical condition, you will need to complete medical screening with Aviva (see page 3)

clairec666

Nationwide's fairer share payment for 2025 has already been paid out. Are you talking about the 2026 payment instead?

SevenOfNine

clairec666 said:

Nationwide's fairer share payment for 2025 has already been paid out. Are you talking about the 2026 payment instead?

Sorry, yes 2026, my brain is a bit frazzled! Thanks.

clairec666

SevenOfNine said:

clairec666 said:

Nationwide's fairer share payment for 2025 has already been paid out. Are you talking about the 2026 payment instead?

Sorry, yes 2026, my brain is a bit frazzled! Thanks.

Can't be sure about your original question about payments out - this year I did two debit card payments and I qualified for the bonus.

Main thing to note is that the 2025 criteria were based on your account activity in January, February and March. Assuming they use similar criteria for 2026, you don't need to worry about it for a few months yet!

Also if they're using the same criteria again, you need to have at least £100 in a Nationwide savings account or ISA at some point in March, as well as holding one of the relevant current accounts.

SevenOfNine

Thanks 'Ordinary & Exodi', we've had multi trip insurance via Nationwide for years, good value. They switched to Aviva & not a lot changed, we've always had declarations (for both of us) & paid a supplement to be fully covered, paid Aviva extra £250 last year. Up for renewal 1 October.

Earlier this year when a cough that wouldn't shift was transferred by GP to the hospital, a chest CT found 2 small benign nodules (which I think would have been OK to add to declarations). But it also showed what is called "Early Interstitial Disease", unlike COPD which deteriorates slowly over time, ID can deteriorate fast apparently, if not 'managed' properly.

Though described as "mild, stable & unchanged" (after 2 more monitoring CT's), never smoked, no contact with asbestos, the only category I fit for the limited damage is acid reflux coughing! I had a lung capacity test, told I'd got the lungs of a 60 year old (I'm 70). 

Aviva still said a flat out NO, they'd insure me on an annual multi basis, but with NONE of my medical declarations, not even the ones that had been acceptable for a supplement last year (& some of those were from previous year as well via N/W old insurers). Fair enough can't cherry pick ailments to cover/omit.

I've either called or on-line completed 14 companies, some were the comparison sites on-line, even tried a broker. Freespirit insurance were the most helpful, told me the ID was a red flag for annual multi trip & would likely always be a NO, & I might have better luck with Single Trip. Even that has proved tricky but finally accepted by 2 insurers, SAGA & Travel Insurance Saver to include the ID & everything else, so we're going with SAGA. Both cost was around the £1,300 region.

So no need for FlexPlus a/c now, but don't want to miss out on likely 2026 FairerShare if possible.

SevenOfNine

clairec666 said:

SevenOfNine said:

clairec666 said:

Nationwide's fairer share payment for 2025 has already been paid out. Are you talking about the 2026 payment instead?

Sorry, yes 2026, my brain is a bit frazzled! Thanks.

Can't be sure about your original question about payments out - this year I did two debit card payments and I qualified for the bonus.

Main thing to note is that the 2025 criteria were based on your account activity in January, February and March. Assuming they use similar criteria for 2026, you don't need to worry about it for a few months yet!

Also if they're using the same criteria again, you need to have at least £100 in a Nationwide savings account or ISA at some point in March, as well as holding one of the relevant current accounts.

Thanks, we have a FlexPlus so the criteria was different (just savings & pay £18pm account fee). I need to dump FlexPlus with the monthly fee now.

You've clarified the paying out requirement can be a couple of debit card spends if I switch to a FlexAccount, so I think switching is better than just dumping FlexPlus.

Cheers.

WillPS

£500 in and 2 payments of £250 out was perfectly sufficient, ensuring the payments are from and to non-Nationwide accounts.

As always, no guarantee of stability with these terms or indeed if there even will be a Fairer Share next year.

clairec666

WillPS said:

£500 in and 2 payments of £250 out was perfectly sufficient, ensuring the payments are from and to non-Nationwide accounts.

As always, no guarantee of stability with these terms or indeed if there even will be a Fairer Share next year.

True. The conditions were near enough identical for the past two years, but Nationwide might try to mix it up a bit so that they are rewarding genuine members and not just people who try to second guess the conditions based on the previous year.

WillPS

clairec666 said:

WillPS said:

£500 in and 2 payments of £250 out was perfectly sufficient, ensuring the payments are from and to non-Nationwide accounts.

As always, no guarantee of stability with these terms or indeed if there even will be a Fairer Share next year.

True. The conditions were near enough identical for the past two years, but Nationwide might try to mix it up a bit so that they are rewarding genuine members and not just people who try to second guess the conditions based on the previous year.

I think they'd probably have a bit of a PR disaster in their hands if they tried to tighten eligibility personally, more likely they'd just say it's not happening and do something else.

But either way nothing is for certain with it going forward.