I have not had chance to check this out yet, but it states there are no fee for withdrawing cash abroad.
It costs £5 month for the card, but you receive free travel insurance, as our travel insurance is more than £60 a year, I am going to check this out, but my insurance isn't up for renewal until July, so when I get the time I will explore this later
Cheers
Ted the Red
http://www.sainsburysbank.co.uk/credit_ ... RD07174410
Free Withdrawals Nationwide (NOT FREE ANY MORE!)
Moderator: Moderator
Hi guys,I bank with the nationwide in the UK, for the last few years up until about 3 months ago they did not charge for withdrawing money in BG, that has now changed and now they charge you. But they will give you a discount on your travel insurance. But as I shopped round I found that the post office travel insurance is the best and as I travel to and stay in BG at least 4 times per year I do save money it is also best to change UK POUNDS in bg for a better rate hope this helps. 
tedthered wrote:I have not had chance to check this out yet, but it states there are no fee for withdrawing cash abroad.
It costs £5 month for the card, but you receive free travel insurance, as our travel insurance is more than £60 a year, I am going to check this out, but my insurance isn't up for renewal until July, so when I get the time I will explore this later
Cheers
Ted the Red
http://www.sainsburysbank.co.uk/credit_ ... RD07174410
Don't Stockport county play in Blue?
tedthered wrote:booboo wrote:tedthered wrote:I
Don't Stockport county play in Blue?
What's that got to do with the price of fish?
Cheers
Ted the Red
Nothing, just an observation! But hey no wonder teams are going into admin. To link it to the topic, perhaps this is why Nationwide are no longer subsidising leaches, (economic times are tough all round and if they happen to hold bank accounts for footy teams that go into admin etc etc) though pretty tough on long term account holders who don't whip their entire funds out bit by bit from some foreign cash point.
If you are a member of Nationwide you will be getting your 2011 AGM voting papers shortly.
There isn't any real choice of course, as a mere "member" of a socialist era "mutual" you won't find any outsiders standing as directors or any who have a particular platform. All you can really do is vote against everything on principle, especially the chief executive's pay package.
He, a chartered accountant by the name of Beale, has worked in the Nationwide since very early in his career. He is committed to the mutual model. Why not, it rewards him very generously at £1,884,000pa. £441,000 of that is for "performance pay". In that case, one wonders what the the basic £1,443,000 is for. Turning up at work on time with a clean shirt? Putting in a mediocre effort?
The truth seems to be that the writing is on the wall for Nationwide. It is shrinking its loan book because it can't get access to capital. Yet they still waste money on sport sponsorship. Maybe Mr. Beale only likes to mix with people as well paid as he is. And they could ditch the "feel good" charities, too. If they paid me some decent interest maybe I could afford to slip the occasional tanner in a collection box. (For the younger generation that is a reference to a small coin, not a leather worker
)
Is the dead fish beginning to stink from the head down? It might be worth going to the AGM to have a sniff around.
There isn't any real choice of course, as a mere "member" of a socialist era "mutual" you won't find any outsiders standing as directors or any who have a particular platform. All you can really do is vote against everything on principle, especially the chief executive's pay package.
He, a chartered accountant by the name of Beale, has worked in the Nationwide since very early in his career. He is committed to the mutual model. Why not, it rewards him very generously at £1,884,000pa. £441,000 of that is for "performance pay". In that case, one wonders what the the basic £1,443,000 is for. Turning up at work on time with a clean shirt? Putting in a mediocre effort?
The truth seems to be that the writing is on the wall for Nationwide. It is shrinking its loan book because it can't get access to capital. Yet they still waste money on sport sponsorship. Maybe Mr. Beale only likes to mix with people as well paid as he is. And they could ditch the "feel good" charities, too. If they paid me some decent interest maybe I could afford to slip the occasional tanner in a collection box. (For the younger generation that is a reference to a small coin, not a leather worker
)
Is the dead fish beginning to stink from the head down? It might be worth going to the AGM to have a sniff around.
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