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    • stevej2403
    • By stevej2403 30th Nov 17, 3:57 PM
    • 4Posts
    • 0Thanks
    Nationwide FlexDirect
    • #1
    • 30th Nov 17, 3:57 PM
    Nationwide FlexDirect 30th Nov 17 at 3:57 PM
    Part heads-up, part whinge/moan about this Nationwide FlexDirect Account which offers 5% interest for a minimum monthly pay-in of 1000.

    Have had this set up since January and earned monthly interest - except that I noticed that on 2 occasions, no interest was paid. After phoning customer support, it turns out this was because the money in arrived a day early (31st of previous month) and there must be a 1000 deposit PER CALENDAR MONTH.

    Even though my Standing Order has paid 1000 in once per month, because 2 payments fell within the same calendar month, no interest was paid for the following month.

    The bank have refused a goodwill gesture of adding this interest retrospectively and said they could do nothing about it.
Page 2
    • YorkshireBoy
    • By YorkshireBoy 2nd Dec 17, 12:10 PM
    • 30,168 Posts
    • 18,053 Thanks
    Some banks (can't remember which) say SO must be dated 25th or earlier.
    Originally posted by badger09
    Brands within LBG.
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