Nationwide student accounts review
We look into the pros and cons of opening a student account with Nationwide.

Find out more about Nationwide’s student bank account option, including how to apply for an account, the benefits of choosing Nationwide and things to look out for.
Nationwide has just one current account available for students – The FlexStudent Current Account.
Below, we’ll review all of the key details and benefits of this account.
To be eligible for a Nationwide FlexStudent Current Account, you will need to:
You’ll need to have received an unconditional offer from your institution before you apply for your account.
You can apply for an account online or in-branch.
Student account applications are only accepted up to 5 months before or 12 months after your course start date.
During the application process, you’ll be asked to supply a few basic personal details, financial details and information about the course you’re studying.
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No, however the funding requirements of the account are min. £500 per term.
When you use your card overseas, you'll pay a non-sterling charge of 0% (in other words the currency conversion is at standard Visa rates). For, example, if you spend the local equivalent of £250, you'll be charged £0.00. Note that the flat fee doesn't apply to debit card transactions in Europe.
Because it's a Visa, you'll find it's accepted pretty much anywhere that takes card payments.
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You'll pay a currency conversion fee of 0%. For, example, if you take out the equivalent of £150, you'll be charged £0.00. Withdraw 250 euros (that's around £212.57) at an ATM in Paris and it'll cost you £0.00. Don't forget that the local cash machine provider may charge its own fee too.
Yes. While the opening interest-free overdraft limit is capped at £1,000, this increases to a maximum of £3,000 in year three. Check out our full comparison of student accounts to see the interest-free overdrafts available to UK students with a breakdown of each account's limit in each year of your course.
An interest-free overdraft is one of the most beneficial aspects of a student account, and few accounts can compete with Nationwide on this front. Not only does this account offer a large 0% overdraft, but it will remain interest-free for 3 years after you graduate. You can also take advantage of no fees on overseas spending.
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