Holmesdale Building Society Accounts

Advantages: Very friendly staff, always prepared to help
Disadvantages: Mistakes happen freqently.

...Sorry but I could not think of a witty title, so I left it very simple! I started banking with the Nationwide Building Society around 7 years ago, me and my now husband decided to open a joint account as we had been together a year by then and were ready to settle down. He already had a savings account with them so we decided it would be easier and then we could keep the savings account open as well. We had to make an appointment as we had to take in documents to prove our identity and a utility bill. Off we went on the day of the appointment fully armed with documents and ready to open our first joint account together, oh if only life could be simple! Now there are several different accounts you can open with the Nationwide Building Society. Flex Account being the main on although there are basic flex accounts... Read review

Ciao members have rated this review on average helpful

Advantages: Always putting memers first
Disadvantages: It's popular so you may find branches busy!!

...it is a popular branch so there is usually a queue, but even then Nationwide has come up with an innovative machine, the "fast cash atm" that deals with the majority of transactions that a cashier can thus easing the queue. This shows Nationwides dedication to offering customers the best service possible. Many of the remaining building societys are being put under great pressure to change over to banks, and members of the public are made to believe that it would be to their advantage for Nationwide to do so too. STOP. Please think very carefully about what it would mean if we lost one of our last big Building Societys. I strongly believe that a lot of these benefits will be lost if Nationwide changes to a bank, and what would I get in return?? A small lump sum payout to compensate for increased charges and lower savings rates??... Read review

Ciao members have rated this review on average helpful

Advantages: over the counter transactions
Disadvantages: little reward, especially for long term savers

...I joined the Nationwide Building Society ( a mutual building society) in 1973, originally with the prospect of obtainging a mortgage when I got married. I am still a member today. The interest rate I recieve on my account is around 1% (before tax). I also have an account with Direct Line bank (a non - mutual) and obtain almost the same amount in interest from Direct Line for £6 in one account than I do for £100 in Nationwide. Although its not quite comparing like for like, (direct line takes three days to transfer money to my account, and Nationwide is over the counter, it still shows the different interest rate that can be obtained. As a member of Nationwide for almost 30 years I do not consider myself to be a "carpetbagger", but I think it's time for Nationwide to convert to a bank, allowing me to be given a reward for the years... Read review

Ciao members have rated this review on average helpful