Nationwide FlexDirect Current Account

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About Nationwide Building Society Checking Accounts

The Nationwide FlexDirect Current Account from Nationwide Building Society is one of the top-rated Checking Accounts options evaluated on MoneyCompared, earning an overall product score of 9.1/10. High-interest UK current account paying 5.00% AER fixed for the first 12 months on balances up to £1,500 plus 1% monthly debit card cashback.

Key highlights include 5.00% AER Fixed for 12 Months (up to £1,500), a fee structure of £0 Monthly Account Fee, and £175 Current Account Switch Incentive (periodic). Accounts are backed by FSCS Protected up to £85,000 and supported by Nationwide Building Society's 4.8 / 5.0-rated digital banking experience.

Features

Annual Fee £0 Monthly Account Fee
Regular APR / Rate 5.00% AER Fixed for 12 Months (up to £1,500)
Intro Offer / Welcome Bonus £175 Current Account Switch Incentive (periodic)
Savings APY / AER 5% In-Credit Interest + Up to £5/Month Debit Card Cashback
Minimum Deposit £0 Minimum to Open (£1,000/mo Pay-in for Interest)
Foreign Transaction Fee 2.99% Non-Sterling Fee
Deposit Insurance FSCS Protected up to £85,000
Mobile App Rating 4.8 / 5.0
Overall Rating 9.1 / 10

About Product

  • Annual / Monthly Fee: £0 Monthly Account Fee
  • APR / APY Rate: 5.00% AER Fixed for 12 Months (up to £1,500)
  • Intro Offer / Bonus: £175 Current Account Switch Incentive (periodic)
  • Key Benefits: 5% In-Credit Interest + Up to £5/Month Debit Card Cashback
  • Minimum Requirement: £0 Minimum to Open (£1,000/mo Pay-in for Interest)
  • Foreign Transaction Fee: 2.99% Non-Sterling Fee
  • Protection: FSCS Protected up to £85,000

Pros

  • Rate / APR / APY: 5.00% AER Fixed for 12 Months (up to £1,500)
  • Fee Structure: £0 Monthly Account Fee
  • Welcome Offer / Benefit: £175 Current Account Switch Incentive (periodic)
  • Rewards & Highlights: 5% In-Credit Interest + Up to £5/Month Debit Card Cashback

Cons

  • Minimum Requirement: £0 Minimum to Open (£1,000/mo Pay-in for Interest)
  • Subject to Nationwide Building Society eligibility and account terms

Ready to check your rate for Nationwide FlexDirect Current Account?

Visit the official Nationwide Building Society website to view current terms, eligibility, and apply online.

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