Nationwide credit card and account awarded five stars

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Nationwide credit card and account awarded five stars

Nationwide's Gold Credit Card and FlexAccount have been awarded a five star rating by financial research company Defaqto.

Defaqto's reports use a benchmarking process on features and costs to compare and rate products across financial institutions and they found Nationwide's Gold Credit Card and FlexAccount to be in the top ten per cent of products.

The Gold Credit Card offers zero per cent on balance transfers for ten months and zero per cent on purchases for three months, as well as promising no annual fees and commission free card use abroad.

Unlike most other card providers Nationwide also uses a positive system of payments to ensure the most expensive debt is paid off first when a payment to the account is made.

The FlexAccount, Nationwide's current account, has been awarded a five star rating for the last four years and provides a competitive rate of interest on deposits and overdrafts, in addition to providing access to e-savings for a high rate of interest.

Jeremy Wood, divisional director at Nationwide, said that it was "delighted" to receive the five star rating, which he saw as "an endorsement of how fair and competitive our products are".

Nationwide has also recently teamed up with Legal & General to offer a range of their ethical trust, investment and protection products.
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