Nationwide savings

[Jewellbags]

To those with a nationwide breakdown account have you looked at their savings accounts ? I’ve got one (only with current account ) that pays 6.5 % - quite easy to earn the £18 breakdown cover charge back .

 

[15edward]

And I think it then means you’re entitled to the members payout which last year was £200

 

[denisejoe]

Assume you mean the regular saver account? It's the only one I can see which pays 6.5%.

 

[Jewellbags]

Scratch my original post . The interest only works out to be £84.50 if you pay in the maximum £200 per month . You are better off putting 2400 in a 5% account , sorry all

 

[Jewellbags]

And I think it then means you’re entitled to the members payout which last year was £200

That would make it worthwhile

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[15edward]

“That would make it worthwhile”

Not absolutely sure of the rules! But we have a joint flexi plus and I got the savings account interest of £85() and we both got the £200
We only use it for the breakdown and travel insurances
But I do reckon even at £18 a month it’s worthwhile

 

[Bolti]

The member share payment is £100 how did you manage £200 each?

 

[15edward]

not sure!!
Do I mean £100 each £ 200 total?
Probably!!

 

[Nanniemate]

I did a switch to get the £175, they sent the pun but not the card, It will arrive at my home but I'm away so you can't spend on the card as per t&c so you don't get the £175

The best was can't you give some access to your home and card to spend on it? I was asked.

Not sure they have the best security protocols but manage to hide behind them

 

[Camdoon]

Scratch my original post . The interest only works out to be £84.50 if you pay in the maximum £200 per month . You are better off putting 2400 in a 5% account , sorry all

One thing you can do is to open the account on the last day of the month then pay in again the next day on the 1st. I know this because there was a mix up last year (difficulty opening wife's). I complained and a customer support manager called me, telling me it was due process and he couldn't give me any compensation but I could move payment day forward to the 1st to get more interest.

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