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    Halifax or nationwide current account?

    Hi all,

    I need to open up a new current account. I'd like to go with a bank that has good customer service, where I can use theri debit/credit card to take out cash abroad without fee, and possibility for a mortgage (I dont have one right now). Done some research and it seems either nationwide or halifax are the best routes to go. Does anyone bank with either of these guys? If so, would you say its good to go with them or not ?

    Thanks

    13 Comments

    I don't know about any of the taking cash out abroad but Ive been with Halifax for about 12 years and never had a problem with them. Online banking easy to use, as is the app. I had been with Lloyds previously and they were a nightmare. As for mortgages, I always end up going back to Halifax as they have excellent rates, so every second remortgage Im back. However, the mortgage deals for existing customers are not great, hence me going elsewhere and then coming back again.

    jude7219

    I don't know about any of the taking cash out abroad but Ive been with … I don't know about any of the taking cash out abroad but Ive been with Halifax for about 12 years and never had a problem with them. Online banking easy to use, as is the app. I had been with Lloyds previously and they were a nightmare. As for mortgages, I always end up going back to Halifax as they have excellent rates, so every second remortgage Im back. However, the mortgage deals for existing customers are not great, hence me going elsewhere and then coming back again.


    Nationwide is better for remortgaging existing customers, you can use their Credit card for fee free usage abroad (not cash advances tho), very good customer service since its a mutual.

    I'm not a halifax fan- I switched about 18 months ago and have had no end of problems with incorrect charges being applied, name change being processed incorrectly, cards not working etc

    Oh and they totally messed up my mortgage too- but after much complaining they did generously compensate me for the mistakes

    I have used for both and I would say Nationwide are better to deal with

    Original Poster

    thansk all. Seems pretty 50/50 to me so far

    If you're going for the paid for account then the Flex Plus at nationwide is good value - £10 a month but has a ton of benefits. You can also use that debit card to withdraw abroad fee free. Doesnt apply to regular flexaccount though.

    Having the flexplus enables you to apply for nationwide select credit card for fee free usage abroad (Visa card though so rates not as good as Halifax Clarity mastercard, and cannot withdraw cash from the credit card without fees). Regular nationwide credit card requires you to use the card to build up a fee free allowance as opposed to unlimited fee free spending on the Select card.

    I have both and pretty much the same to me although halifax give you £5 per month if you have two DD's and pay £500 per month into it. They also have the clarity card so fee free ATM withdrawals abroad at the best exchange rates (just pay it back immiedately after withdrawal if you can to avoid interest charges).

    Original Poster

    chocci

    I have both and pretty much the same to me although halifax give you £5 … I have both and pretty much the same to me although halifax give you £5 per month if you have two DD's and pay £500 per month into it. They also have the clarity card so fee free ATM withdrawals abroad at the best exchange rates (just pay it back immiedately after withdrawal if you can to avoid interest charges).



    heard the £5/month is currently under review

    i have the halifax current account that gives £5 a month. decent bank, no complaints.

    Original Poster

    still cant decide whether to go for halfix of Nationwide
    I dont really want to pay £10 for being able to take out money abroad for free (I think halifax allows this for free with theri CC) and the other benefits arent really that useful to me. However, I heard nationwide customer service is a lot better than halfiax;s

    Edited by: "Cyrus" 21st Aug 2016

    Nationwide is great. Ive been with them a few months now. You get £100 to switch if someone who holds an account recommends you

    Original Poster

    Went for Halifax in the end, also got £100. They seem to be fiercly competetive so much of muchness
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