Nationwide hikes monthly fee on its FlexPlus current account by 38% to £18 - should you now ditch it?
Daily MailNationwide Building Society has hiked the monthly fee on its FlexPlus current account by £5 a month. In exchange for the monthly fee, customers receive family travel insurance, family phone insurance, vehicle breakdown cover, fee free spending abroad, exclusive savings rates and a £50 interest-fee arranged overdraft. Hiked: Nationwide has upped the monthly fee on its FlexPlus current account to £18 a month from £13 a month What does the FlexPlus account offer? Exclusive savings rates The best savings rates offered through Nationwide's FlexPlus account are a regular saver, paying up to 6.5 per cent on deposits of up to £200 a month and an easy-access account, paying 3.25 per cent. Customers can find easy-access deals paying as much as 4.85 per cent at the moment, so the FlexPlus easy-access account paying 3.25 per cent is not one of the main draws of the FlexPlus account.
History of this topic
Nationwide launches new £175 switch offer for new customer
The Independent
Nationwide Building Society launches 8% savings rate and £200 switching offer
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