Nationwide Flex Account (For UK Readers)



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Old Mar 2nd, 2009, 04:49   #1
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Nationwide Flex Account (For UK Readers)

Nationwide are going to start charging for using your Flex Account cards abroad in most countries (India is one of those)

Starts with the credit card on May 6th and the debit card from June 1st

Nationwide Flex Account Foreign Transactions

Sorry to be the bearer of bad news
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Old Mar 2nd, 2009, 07:15   #2
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Thumbs down

.....and I was just thinking about getting one. I think they'll lose business on this decision.

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Old Mar 2nd, 2009, 07:38   #3
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Mod Note: We now have a Forum for anything to do with money issues - I have moved your thread to here, kedgeman.
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Old Mar 2nd, 2009, 08:18   #4
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Ok so are there any alternative UK accounts which charge no fee?
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Old Mar 2nd, 2009, 12:55   #5
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Quote:
Originally Posted by kedgeman View Post
Sorry to be the bearer of bad news
Thanks for posting that news, this account has been widely recommended on here, and I had thought about moving to it.

I doubt they'll lose much actual business through this decision, but they will certainly lose a lot of goodwill.. So yah boo sucks to Nationwide the EX traveller's friend!
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Old Mar 2nd, 2009, 14:11   #6
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Here are a couple of threads where this matter is being discussed

Moneysaving expert - Budgeting & Bank Accounts

Moneysaving expert - Savings & Investments

I have praised this card from the hilltops, to all travellers, but it seems that all good things must come to an end
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Old Mar 24th, 2009, 23:13   #7
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Just been told they going to increase there charges aswell for transctions from june.
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Old Apr 1st, 2009, 05:45   #8
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Hi,

i heard this and wasnt happy so i called in

apparently they are just charging the fee which visa charges them which is 1% they usually cover this for you but not now,

suppose no other UK banks offer transactions at 1% tho so im sticking with them

hope this helps =)

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Old Apr 1st, 2009, 08:43   #9
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Just to clarify - if you are in India and using this card at an ATM there will be no 'ATM of another bank' fee, only the 1% fee, no foreign exchange fee either?
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Old Apr 1st, 2009, 19:45   #10
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Thats correct.
But if you use icici a/c here and use there ATM in india there is no charge.
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Old Apr 1st, 2009, 23:04   #11
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If you are a regular traveller. Why not open a local account and transfer money into that account. You will not have bank charges then or ATM fees for withdrawals.
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