Nationwide Current Account
Full product details for the Nationwide Current Account, including application criteria, incentives, facilities, overdraft, rates and fee & charges.
 |  Compare Nationwide current account details against other current accounts or use our current account comparison tables.Did you know Nationwide also provide credit cards, savings, home insurance, travel insurance and breakdown cover? | ||
| Company: | Nationwide Building Society www.nationwide.co.uk | Nationwide Building Society www.nationwide.co.uk | Nationwide Building Society www.nationwide.co.uk |
| Product: | FlexAccount £1,500 per month | FlexAccount | FlexAccount £1,000 per month |
| details | details | details | |
| Apply via this site: | Not available | Not available | Not available |
| | | |
| Application Criteria | |||
 Minimum income: | £0 | £0 | £0 |
| Minimum Monthly Credit: | £1500 | £0 | £1000 |
| Minimum Investment: | £0 | £0 | £0 |
| Maximum Investment: | £2000000 | £2000000 | £2000000 |
| Minimum Age: | 16 | 16 | 16 |
| Maximum Age: | Unlimited | Unlimited | Unlimited |
| Existing Customer Only: | no | no | no |
| Area Restrictions: | none | none | none |
| Transfer Assistance: | yes | yes | yes |
| Incentives | |||
| Account Promotions: | yes | yes | yes |
| Incentive Cashback £: | £0 | £0 | £0 |
| Incentive Moneyback: | no | no | no |
| Incentive Pref Rate/Deals: | yes | yes | yes |
| Incentive Disc/Vouchers: | no | no | no |
| Incentive Breakdown: | no | no | no |
| Incentive Protection: | no | no | no |
| Incentive Other Insurance: | no | no | no |
| Incentive Savings Sweep: | no | no | no |
| Incentive Currency: | yes | yes | yes |
| Incentive Other: | no | no | no |
| Facilities | |||
| Internet Banking: | yes | yes | yes |
| Branch Banking: | yes | yes | yes |
| Telephone Banking: | yes | yes | yes |
| Post Office Banking: | yes | yes | yes |
| Standing Orders: | yes | yes | yes |
| Direct Debits: | yes | yes | yes |
| BACS Transfers: | yes | yes | yes |
| CHAPS Transfers: | yes | yes | yes |
| Bill Payment Service: | yes | yes | yes |
| Statement Frequency: | monthly | monthly | monthly |
| Min Additional Deposit: | Unlimited | Unlimited | Unlimited |
| Minimum Withdrawal: | Unlimited | Unlimited | Unlimited |
| Withdrawal Restrictions: | none | none | none |
| ATM Card: | yes | yes | yes |
| ATM Mini Statements: | yes | yes | yes |
| Max ATM Withdrawal: | £300 | £300 | £300 |
| Cheque Book: | yes | yes | yes |
| Cheque Guarantee Card: | £100 | £100 | £100 |
| Cheque Clearance Time: | 4 | 4 | 4 |
| Debit Card: | yes | yes | yes |
| Debit Card Type: | Visa | Visa | Visa |
| Passbook: | no | no | no |
| Text Messaging Events: | no | no | no |
| Text Mini Statements: | yes | yes | yes |
| Travel Ins Winter Sport: | no | no | no |
| Overdraft | |||
| Overdraft Facility: | yes | yes | yes |
| Interest Free O/D Limit: | £0 | £0 | £0 |
| Automatic O/D Facility: | £0 | £0 | £0 |
| Overdraft Buffer Limit: | £30 | £30 | £30 |
| Overdraft Arrangement Fee: | no | no | no |
| Auth O/D Rate-APR/EAR: | 12.9% | 12.9% | 12.9% |
| Mthly Auth O/D Charge: | £0 | £0 | £0 |
| Unauth O/D Rate-APR/EAR: | 24.9% | 24.9% | 24.9% |
| Mthly Unauth O/D Charge: | £20 | £20 | £20 |
| Overdraft Letter Charge: | £0 | £0 | £0 |
| Rates | |||
| Headline Interest Rate: | 3% | 0.1% | 1.5% |
| Rate Guarantee: | no | no | no |
| Introductory Bonus: | 0% | 0% | 0% |
| Amount of Bonus: | 0% | 0% | 0% |
| Open-ended Bonus: | 0% | 0% | 0% |
| Non Standard Tiers: | no | no | no |
| Gross AER - £1/£50: | 3% | 0.10% | 1.50% |
| Gross AER - £500: | 3% | 0.10% | 1.50% |
| Gross AER - £1,000: | 3% | 0.10% | 1.50% |
| Gross AER - £2,500: | 3% | 0.10% | 1.50% |
| Gross AER - £5,000: | 0.10% | 0.10% | 0.10% |
| Gross AER - £10,000: | 0.10% | 0.10% | 0.10% |
| Gross AER - £25,000: | 0.10% | 0.10% | 0.10% |
| Gross AER - £50,000: | 0.10% | 0.10% | 0.10% |
| Gross AER - £100,000: | 0.10% | 0.10% | 0.10% |
| Interest Payment Freq: | annually | annually | annually |
| Interest on Withdrawal: | 1 working day | 1 working day | 1 working day |
| Int Added to Account: | yes | yes | yes |
| Interest Paid by Cheque: | no | no | no |
| Int Paid to Bank A/c: | no | no | no |
| Int Paid to Other A/c: | no | no | no |
| Int After Cash Deposit: | 1 working day | 1 working day | 1 working day |
| Int After Cheq Deposit: | 2 working days | 2 working days | 2 working days |
| Int After BACS Deposit: | 1 working day | 1 working day | 1 working day |
| Interest Variant: | no | no | no |
| Max Balance High Interest: | £3000 | Unlimited | £3000 |
| Fee & Charges | |||
| Free Banking: | yes | yes | yes |
| Monthly Charge: | £0 | £0 | £0 |
| Standing Order Charge: | £0 | £0 | £0 |
| S/O Setting Up Charge: | £0 | £0 | £0 |
| S/O Amendment Charge: | £0 | £0 | £0 |
| S/O Cancellation Charge: | £0 | £0 | £0 |
| Unpaid S/O Charge: | £30 | £30 | £30 |
| Direct Debit Charge: | £0 | £0 | £0 |
| Debit card charge Europe: | 0% | 0% | 0% |
| D/D Setting Up Charge: | £0 | £0 | £0 |
| D/D Amendment Charge: | £0 | £0 | £0 |
| D/D Cancellation Charge: | £0 | £0 | £0 |
| Unpaid D/D Charge: | £30 | £30 | £30 |
| CHAPS Charge: | £20 | £20 | £20 |
| Stopped Cheque Charge: | £0 | £0 | £0 |
| Unpaid Cheque Charge: | £30 | £30 | £30 |
| Transaction Charge: | 0 | 0 | 0 |
| Unauth Transaction Fee: | £21.50 per item | £21.50 per item | £21.50 per item |
| ATM Withdrawal Charge: | £0 | £0 | £0 |
| ATM charge Europe: | 0% | 0% | 0% |
| A/c Transfers Int. Free: | no | no | no |
| Bankers Reference Charge: | £0 | £0 | £0 |
| Copy Cheque Charge: | £5 | £5 | £5 |
| Duplicate Stat Charge: | £5 | £5 | £5 |
| Special Clearance Charge: | £12 | £12 | £12 |
| Forex fee % Europe: | 0% | 0% | 0% |
| Other Charges: | no | no | no |
Compare Nationwide Current Accounts
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