News

• £200 paid to current account customers who switch using the Current Account Switch Service
• Rate on linked Flex Instant Saver, exclusively for current account members, doubled to 2.00% AER from Wednesday 5 October

• Two thirds of university students behind or struggling to pay their rent or accommodation costs
• Nearly three quarters have borrowed from family to pay for essentials such as food and rent in last year
• Nationwide giving £10 to housing charity Shelter for every new FlexStudent current account opened

• £100 cashback available for limited time to students opening FlexStudent from 1 August
• £10 to be given to housing charity Shelter for every student account opened from today
• Account continues to offer students interest-free, fee-free overdrafts of up to £3,000
• Students will continue to move to Society’s FlexGraduate account after finishing university

• Almost half of brits (47%) will be driving to their holiday destinations this year.
• 68% can’t change a tyre, 44% can’t top up water and 42% can’t replenish oil or windscreen washer
• 32% of drivers have broken down, facing average cost £206 for those without cover
• FlexPlus provides many benefits, including AA Breakdown cover for the UK and Europe

• Introductory rate available for new applications on balances up to £1,500 for first 12 months
• Members switching their current account receive £125 while new customers receive £100
• Switchers could benefit from up to £200 within first year through interest and switching incentive
• Interest free overdraft for first 12 months helping members reduce existing debt and outgoings

Nationwide Building Society’s highly-rated1 FlexPlus account is moving to the AA for its breakdown cover from 1 March 2022.  

• Brits are generous according to new research, with eight in ten prepared to share prize money with others
• Coincides with monthly £1 million Member Prize Draw with rewards ranging from £100 to £100k
• Three quarters more appreciative since pandemic, with more donating time and money to charity
• Eight in ten say companies should give back to customers and are more inclined to use those that do

• £125 cash reward for existing members who switch their current account to the Society
• New members to the Society from another provider receive £100 reward
• Launch of Flex Instant Saver – new account exclusively for current account members
• Instant access account pays competitive 0.35%

• More than half of Brits plan to attend at least one big event post-lockdown, poll shows
• Average person to spend £65 each on tickets, plus additional £103 on other expenses
• Nearly eight in 10 buy tickets online, but two-thirds worry about risk of online fraud
• Stronger security measures for cards requires customers to keep contact details up-to-date
• Former footballer Teddy Sheringham comments about fans wanting to get back into stadiums

• Member Prize Draw runs monthly for a year with members sharing £1m in each draw
• 8,008 chances to win each month with a top prize of £100k, 2 x £25k, 5 x £10k and 8,000 x £100
• Eligible members with a Nationwide mortgage, savings or current account automatically entered
• First draw takes place in September, although members can simply opt out if they wish to
• Nationwide’s latest offering showcases benefits of a building society by rewarding membership
• Member Prize Draw builds on success of Nationwide’s recent savings-focused prize draws

• Seven in ten undergraduates fear they won’t be able to get part-time work due to Covid
• More than half say they will be left with more debt if they can’t find work at university
• 38% expect to spend less this year as a result of the impact Covid will have on them
• New financial concern this year as 40% admit they don’t know how they’d pay Covid fines
• Nationwide FlexStudent rated one of the UK’s best student current accounts for 2020

• Temporary reduction in overdraft interest rate from 39.9% APR to 18.9% APR
• Overdraft interest holiday available on request on full overdraft balance
• Comprehensive online resource provides details of coronavirus support available