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Nationwide Current Account.

Brian Kirby

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Many already know the advantages of this account, and their Credit Card, for obtaining foreign currency and making payments while abroad. 

One of the features of the current account is that it pays interest on the balance, currently 4% - provided more than £1,000 per month is paid in.  The payments have to be credited within each calendar month, the clock sets back to £0 on the 1st of each month.

However, some time back, and I don't know when, it seems they changed the basis on which the interest is calculated. 

There is now an upper limit on the qualifying balance, currently set at £3,000.  The interest paid on any balance exceeding £3,000, falls to 0.1%.

Those millionaires among you may wish to review where you keep your beer money!  :-)

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