Groups

    nationwide current account

    I was thinking about getting a nationwide current account, i only want it so i can withdraw cash while im abroad, i keep hearing that this is the best way. I already have a student account with another bank so i have two quick questions.

    Is this allowed? is this a good idea?

    36 Comments

    Yes x 2

    Original Poster

    as simple as that ey? ill get applying. Thanks

    see if you can get any special offers - cinema tickets - 20 pound in your account or similiar - im sure they do -

    I have a Nationwide account, and thats all i use it for (withdrawing cash abroad)
    I would recommend it 100%

    kirstyanderson;2131623

    I have a Nationwide account, and thats all i use it for (withdrawing cash … I have a Nationwide account, and thats all i use it for (withdrawing cash abroad)I would recommend it 100%



    Agreed!

    guerilla;2131613

    as simple as that ey? ill get applying. Thanks



    lol I was trying to think of something smart to add but there wasn't anything !

    Simple answer was yes ! :thumbsup::-D

    yes, as far as i know nationwide is the only bank that doesn't charge for withdrawing abroad.
    also, their credit card has no foreign transaction fee.

    Banned

    thanks for the reminder. will open one now for upcoming holiday

    Banned

    On second thoughts, I wont bother as you now have to assign away any member profits to charity if the building society becomes a bank. The Abbey do a better card I believe now anyway

    I have a nationwide account for holidays only. Definately the best one to have for travelling

    csiman;2131688

    On second thoughts, I wont bother as you now have to assign away any … On second thoughts, I wont bother as you now have to assign away any member profits to charity if the building society becomes a bank. The Abbey do a better card I believe now anyway





    'THE SHABBY NATIONAL'

    if nw does go plc you will be giving a donation to charity - :-D

    Banned

    holly100;2131726

    'THE SHABBY NATIONAL' if nw does go plc you will be giving a donation to … 'THE SHABBY NATIONAL' if nw does go plc you will be giving a donation to charity - :-D


    No I wont as I havent taken the new account out. I still have a cashbuilder account with £100 in it from about 10 years ago. This conveys full membership status with any proceeds of conversion being paid to me and me only.

    Thats why I cant take out anymore NW products as they insist you must give up your rights to any proceeds. Stops the carpetbaggers ;-)

    You can open one that has either a debit card or just a cash card. Either will enable you to get money from ATMs at home or abroad but the cash card requires fewer credit checks.

    Original Poster

    at the end of the application is said they can offer me a cash card. im confused i was applying for a current account have i done the right one?

    guerilla;2131763

    at the end of the application is said they can offer me a cash card. im … at the end of the application is said they can offer me a cash card. im confused i was applying for a current account have i done the right one?



    yeah i think so. it just means that they offering you an account with a cash card rather than a debit card. ie a bank card just for withdrawing cash rather than a card with maestro/switch facilities

    Original Poster

    but it will still be free to withdraw cash while abroad. thats all i was after really

    guerilla;2131799

    but it will still be free to withdraw cash while abroad. thats all i was … but it will still be free to withdraw cash while abroad. thats all i was after really



    Yes

    Original Poster

    thanks, ill just wait for the forms then.

    I have just done the same thing, i wanted a card to use in spain next month so i applied and they said i can have a cash card at the end. I hope this is the right one for free withdrawals lol.

    Banned

    WARNING:-

    You will lose any assigned member rights to conversion profits if you take out a new nationwide account and are already a member.

    guerilla;2131763

    at the end of the application is said they can offer me a cash card. im … at the end of the application is said they can offer me a cash card. im confused i was applying for a current account have i done the right one?



    as doberman says, this will still work for you abroad.

    i also opened a nationwide current a/c as a second a/c for just this purpose. (But I got a debit card - Na na na na naaaa naaaa :p)

    Original Poster

    well im a student so they probably didnt think i was important enough to have a debit card, if i buy anything while abroad i'd use my credit card anyway, someone told me one time this was better. were they lying?

    guerilla;2131763

    at the end of the application is said they can offer me a cash card. im … at the end of the application is said they can offer me a cash card. im confused i was applying for a current account have i done the right one?


    this means your credit raing isn't high enough
    nationwide offer the strictest credit scroring around

    Original Poster

    is having a low credit rating the same as having a bad one? bar my cc which is attached to my student account i dont have any other credit, and this is always paid off in full, i only use it to buy things from the internet or when im abroad as i thought it offered greater protection

    guerilla;2132155

    well im a student so they probably didnt think i was important enough to … well im a student so they probably didnt think i was important enough to have a debit card, if i buy anything while abroad i'd use my credit card anyway, someone told me one time this was better. were they lying?



    yes, I know you are a student - only teasing - if your credit card is nationwide then you have the same deal (no charges for purchases but charges for cash advances). I'm not aware of any other c/cards that offer this, so perhaps apply for one at nationwide too? I applied for mine about a month after the current account. Good backup to have for foreign purchases :thumbsup:

    guerilla;2132265

    is having a low credit rating the same as having a bad one? bar my cc … is having a low credit rating the same as having a bad one? bar my cc which is attached to my student account i dont have any other credit, and this is always paid off in full, i only use it to buy things from the internet or when im abroad as i thought it offered greater protection



    no, they are different. Your low rating is based on your status/income etc. If you haven't defaulted on payments etc then you won't have a bad rating. In the former case, lenders might offer you a card with a low limit, in the latter they wouldn't want to deal with you at all...

    Original Poster

    good was a bit worried there

    ps have i mentioned i was a student before? or are you in fact stalking me? */looks around for a man reading books with big words in them

    guerilla;2132265

    is having a low credit rating the same as having a bad one? bar my cc … is having a low credit rating the same as having a bad one? bar my cc which is attached to my student account i dont have any other credit, and this is always paid off in full, i only use it to buy things from the internet or when im abroad as i thought it offered greater protection



    well its not really tghe same
    they jsut dopne know much about you
    for a start get on the registrar so apply at the council if you are not

    guerilla;2132300

    good was a bit worried thereps have i mentioned i was a student before? … good was a bit worried thereps have i mentioned i was a student before? or are you in fact stalking me? */looks around for a man reading books with big words in them



    Yes, you've mentioned it, and yes, I'm stalking you Look to the right: I'm the one pretending to read the Guardian. If you squint you'll notice I've cut two small peep-holes in the paper.

    Is this the flex account ?

    Original Poster

    yep, (i think) why?

    everything i have seen on the nationwide site says you can make free withdrawals abroad using your debit or credit card. It does not say anything about a cash card so i may pop in and ask later

    guerilla;2132578

    yep, (i think) why?



    Just checking as i have just applied for one going abroad in July and my Bank TSB charges also got the debit card.

    I asked about the cashcard account and they said you can use them abroad but only where you see the cirrus sign

    Banned

    mattb_1987;2132588

    everything i have seen on the nationwide site says you can make free … everything i have seen on the nationwide site says you can make free withdrawals abroad using your debit or credit card. It does not say anything about a cash card so i may pop in and ask later



    Used my cash card all round Europe no problems :thumbsup: they wouldn't give me a debit card either even though I've got an A+ credit score with Lloyds
    (it's true I saw it on the screen :oops:) been with them 12 years, got current, online saver, monthly saver, ISA, debit, credit, cash, cheque but mortgage with another bank.

    [FONT=Arial]I also applied for a nationwide account and was offered a debit card. Using as a second account for my visit to the states.

    What's the maximum you can withdraw from an ATM abroad using the debit card and don't you get charged by US banks for using the ATM's?

    Thanks[/FONT]
    Post a comment
    Avatar
    @
      Text
      Top Discussions
      1. connect tablet27
      2. Jury service1620
      3. New a camera to keep track of my Demintina Mother67
      4. What laptop to choose?21

      See more discussions