18 May 2005
As Nationwide's FlexAccount celebrates its 18th birthday, the building society says consumers could save several thousand pounds by making the switch.
By opening a FlexAccount today customers can save nearly £2,000 over the next 18 years, says Nationwide.
And it points out that during its 18-year history the account has remained technologically ahead of the pack.
It was the first full service current account to pay interest and offer telephone banking, and ten years after its launch it was the first account to introduce internet banking.
However Nationwide's executive director, Stuart Bernau, says that it is not too late to make the switch.
"If you have missed out on the savings and benefits of a Nationwide FlexAccount over the last 18 years you should switch today."
He also explained: "Switching your current account to Nationwide has never been easier.
"You can do it in just ten minutes and you may get up to 30 times more interest for your money."
By paying in £1,000 or more each month, it is possible to receive up to 30 times more interest than a standard account with NatWest, HSBC or Barclays.
Research has also shown that Nationwide's FlexAccount holders are more satisfied than customers who hold their main current account with one of the big four banks.
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