Nationwide Building Society Offers FlexAccount Holders Special Benefits

LONDON, Nov. 3 /PRNewswire/ -- Nationwide Building Society has today announced that it is widening the range of special offers available exclusively to customers using the Nationwide FlexAccount as their main current account.

The offers will include:

Mortgage Rates

• From 30 October, Nationwide will reward existing customers who use FlexAccount as their main current account, with access to competitive mortgages up to 90% LTV.
• The range of competitive mortgages will support first time buyers and home movers without a large deposit.
• For existing mortgage customers moving home, the offer represents a discount of 0.70% off the current range of mortgages available to them at 90% LTV (existing customers moving home range, 85-95% LTV tier).
• Each of these products are available with and without free legal fees, covering the conveyancer's professional charges relating to the house purchase.
• Rate and reservation fee is identical for each of these options.
• These offers are available to eligible existing customers moving home and first time buyers.
• These offers are available through the Nationwide branch network only.
  

In addition to the 'Flex gives you more' offers, Nationwide has also extended its tracker mortgage range for new customers moving home and first time buyers. Tracker mortgages will be available up to 85% LTV (up from 80% LTV).

Personal Loans

• 7.9% APR typical on loans between 7,500 pounds sterling - 14,999 pounds on terms up to five years for existing main FlexAccount debit card customers.
• This is the lowest rate in the UK and beats the rates set by other high street personal loan providers by offering a sub 8% rate.
• Same low rate applies whether the loan is taken out through a branch, telephone or the Internet.
  

Home Insurance

• Eligible customers get an extra 20 pounds off their Home Insurance premium when buying buildings and contents insurance together until 3 January 2010.
• The offer is in addition to the current offer giving customers a 20% discount now and a 20% discount off next year's premium on renewal of home insurance, when buildings and contents insurance are bought and renewed together until 3 January 2010.
• The 20 pounds offer is applicable to the first year's premium and is available in branch and over the phone.
• The Nationwide home insurance product is rated 5 star by independent body Defaqto (2009) for the quality of cover.
  

Nationwide Building Society acts as an intermediary for buildings and contents insurance which is underwritten by Churchill Insurance Company Limited.

Car Insurance

• 50 pounds off car insurance premium for quotes given from 1 November 2009 until 31 March 2010.
• The offer is available when eligible customers buy a new Nationwide car insurance policy and applies to the first year's premium.
• The Nationwide car insurance product is rated 5 star by independent body Defaqto (2009) for the quality of cover.
  

Nationwide Building Society acts as an introducer for car insurance which is underwritten by Liverpool Victoria Insurance Company Limited

Credit Cards

• New and existing main FlexAccount customers will receive an additional 3 months 0% on purchases with Nationwide's Gold card (available online, in branch and over the phone) making the overall period six months.
• Gold card has a Typical 16.9% APR (variable).
• Available from 1 November to 31 December 2009.
• Main FlexAccount customers also benefit from the standard Nationwide credit card features of 0% on balance transfers for 13 months, commission-free purchases abroad and a positive order of payments, alongside the exclusive 0% for 6 months on purchases.
  

Nationwide's product and marketing executive director, Chris Rhodes said: "Nationwide is committed to looking after its customers and the launch of the 'Flex Gives you more' does just this. Whether it's taking advantage of the 90% LTV mortgage to give first time buyers a helping hand or competitive car and home insurance premiums, all our customers can continue to enjoy the award winning Nationwide FlexAccount with some added extras."

Other key benefits of the FlexAccount current account:

The FlexAccount has a prestigious five Star rating for features, benefits and rates, awarded by independent organisation Defaqto for the fourth year running (Defaqto, 2009).

Customers can enjoy a three month interest-free overdraft when they switch their existing current account to Nationwide at the same time as they open their FlexAccount.

Nationwide is the only high-street provider that offers commission-free debit card use abroad for its current account customers. Other banks charge up to 2.75% for buying goods or services and withdrawing cash abroad.

With Nationwide's Internet Bank, customers can benefit from safe and secure online banking, where they can manage their money 24 hours a day and be sure that they are protected with Nationwide's Internet Bank Promise.

Customers can deal directly with Nationwide through branches, online at www.nationwide.co.uk or by calling 0800 30 20 10.

    Contact:
    Neil Gatherum
    Digital Marketing
    T: 01793 654852
    www.nationwide.co.uk