Tuesday, November 3, 2009

Nationwide Building Society Offers FlexAccount Holders Special Benefits

home insurance

The Nationwide Building Society is offering a range of select discounts and
promotional offers to FlexAccount customers.

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
-- 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
on terms up to five years for existing main FlexAccount debit card
-- This is the lowest rate in the UK and beats the rates set by other
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
insurance policy and applies to the first year's premium.

-- The Nationwide car insurance product is rated 5 star by independent
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
months 0% on purchases with Nationwide's Gold card (available online,
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.

Neil Gatherum
Digital Marketing
T: 01793 654852