Nationwide introduces a £50 interest-free overdraft buffer to help customers manage holiday spending.

Nationwide Building Society is launching an interest-free overdraft buffer allowing customers to borrow up to £50 without charges. Available on FlexPlus, FlexDirect, and FlexAccount accounts, it benefits around one in four customers who typically overdraft by £50 or less monthly. The move aims to help manage costs, especially during the holiday season. Nationwide advises setting up separate accounts for bills and discretionary spending and building savings to avoid overdrafts.

November 11, 2024
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