Jobs

Business & Finance

Nationwide card

I am interested in the Nationwide debit card for the purpose of taking money out abroad when on holiday, however one of the stipulations of opening an account with them is:

I will pay £100 into my account when I receive my card.

Regarding the sum of £100, can I take it out of the account once paid in, without problems?

filthiestfis Fri 10/10/08 13:09

<< Previous

Next >>

Subscribe to question

Post an Answer

Important Notice
The information provided by The AnswerBank does not constitute financial, investment or tax advice. You are advised to discuss your specific requirements with an independent financial advisor prior to entering into any binding contracts. The AnswerBank terms and conditions of use apply.

Ethel
Fri 10/10/08
13:10

Yes

filthiestfis
Fri 10/10/08
13:50

Question Author

So whats the point of them asking for £100 minimum deposit?

Ethel
Fri 10/10/08
14:00

I am looking at the site now - you have to choose ONE of the options:

Pay £100 in when I receive the card
Use as main current account
Open a savings account

I don't know why they want £100 but there is no requirement to maintain a minimum balance.

You could phone them and ask them

Post an Answer

Submit the above question and answers

add to del.icio.us	add to digg	add to furl
add to reddit	add to Technorati	add to Blinklist
add to StumbleUpon	add to squidoo	add to ma.gnolia
add to Cocomment	add to Netscape	add to Fark