Flex Direct Interest

Our online flexdirect account pays 2 aer interest fixed for the first 12 months. That s on every penny in your account up to 1 500 1 98 gross a year. Savers must act now to take advantage of nationwide s 5 aer flexdirect current account before its rate gets slashed to 2 on friday 1 may.

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After that it will be 0 25 aer 0 24 gross on balances up to 1 500.

Flex direct interest. Savers could still get 5 interest rate but the deadline is looming nationwide has announced it will cut the interest rates on its flexdirect current account which currently. All you need to do is pay in 1 000 a month not counting transfers from other nationwide accounts or visa credits. Unfortunately the flexdirect account is about to get worse for savers. The account has been a firm favourite with customers for some time and has been market leading for months but as savings rates continue to drop it s now the last one standing offering such a high return.

That s because it offers an interest rate of 5 on balances in the account and then another 5 on your savings in its linked flex regular online saver account. After that you ll get 0 25 aer 0 24 gross p a variable. The information contained herein shall be deemed confidential information and is considered the intellectual property of esp. We ve long been fans of nationwide s flexdirect current account.

For the first 12 months the interest rate will be 2 aer 1 98 gross on balances up to 1 500. External sources of dpa may be used. If you ve had a flexdirect before you won t receive this offer again unless your new flexdirect account is in a different name or names. Flex direct no down payment assistance dpa available but offers our most competitive interest rates that can still get a mortgage credit certificate mcc.

To earn 2 aer 1 98 gross p a interest on balances up to 1 500 you ll need to pay in 1 000 a month not counting transfers from other nationwide accounts or visa credits. To earn the 2 interest rate you can t have had a flexdirect account before if you have you ll get 0 25 and as now you must pay in at least 1 000 mth to get any interest. Our interest rates are changing from 1 may 2020 the interest rates on our flexdirect current account are changing. This means the maximum interest new flexdirect customers will be able to earn in their first year is dropping to about 30 compared with about 125 currently.

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