Important information Glossary Current accounts

1 Important information Monthly cap on unarranged overdraft charges FlexPlus Representative example 1. Each Current account will set a monthly maximum charge for: (a) going overdrawn when you have not arranged an overdraft; or Glossary Clearing for withdrawal is when you're allowed to withdraw Current accounts If you use an arranged overdraft of 1,200 the amount (b) going over/past your arranged overdraft limit (if you have one). against any cheque you pay into your account. we'll charge you is 50p per day (variable). 2. This cap covers any: Clearing for certainty is when you can be certain that we'll (a) interest and fees for going over/past your arranged overdraft limit; not debit any cheque you've paid in with us that's returned FlexDirect Representative example (b) fees for each payment your bank allows despite lack of funds; and unpaid without your permission (unless you're a knowing Just ask in branch If you use an arranged overdraft of 1,200 the amount (c) fees for each payment your bank refuses due to lack of funds.)

2 Party to fraud). Interest rates and charges we'll charge you is 50p per day (variable). Counter Draft is a cheque issued in branch which guarantees Call 0800 30 20 11. Important information about cheques the funds specified. Visit FlexAccount Representative example Please consider the following when paying in cheques: If you use an arranged overdraft of 1,200 the interest rate EAR is the Equivalent Annual Rate which you can use to we'll charge you is EAR (variable). For withdrawals and certainty, if you pay a cheque into the compare rates offered by different providers. It's the cost of account on a Saturday, Sunday, bank holiday or at a Nationwide an overdraft stated as a yearly rate, taking into account the cash machine then the day of deposit will be the next working day. compounding rate of interest. We work out interest each day on any overdrawn amount and take it from your account Building Society FlexStudent Representative example If you use an arranged overdraft of 1,200 the amount Although we'll allow you to withdraw against cheques as shown in monthly, giving you 28 days' notice of the amount.

3 Any we'll charge you is 0p per day (variable). the table overleaf, this doesn't mean that the cheque has cleared interest charged is added to the balance outstanding. for certainty. Cheques can be returned unpaid before certainty. If FlexOne customers aged 18+ only: so, we'll take the money from your account. AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded FlexOne Representative example We're here to help once each year. If you use an arranged overdraft of 1,200 the amount If you have overdraft fees or charges on your account which you're we'll charge you is 0p per day (variable). concerned about or think may be wrong, please contact us on Gross is the interest rate without tax deducted. 0800 30 20 11. SEPA Credit Transfer is a way of making payments in euros Paper from All rates and charges may change. to an account within the Single Euro Payments Area. responsible sources When you have finished with this leaflet please recycle it.

4 We may decide when to apply and waive all account charges. SWIFT Transfer is a way of making a sterling payment from Nationwide cares about the environment this literature is printed in the UK. If we start action to recover monies outstanding on your account, the UK to another country or a payment in a currency other with biodegradable vegetable inks on paper from well managed sources. any promotional rate applied over and above the standard rate will than UK Pounds. SWIFT cannot be used to make payments in be permanently withdrawn. euros to an account within the Single Euro Payments Area. We are able to provide this document in Braille, large print or in audio format upon request. Your local branch will arrange this for you or you can contact us on 0800 30 20 11. If you have hearing or speech difficulties and are a textphone user, you can call us direct in text on 0800 37 80 01. We also accept calls via BT TypeTalk. Just dial 18001 followed by the full telephone number you wish to ring.

5 Overdrafts are only available to those aged 18 or over and are subject to individual circumstances. Nationwide Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 106078. You can confirm our registration on the FCA's website, Nationwide Building Society. Head Office: Nationwide House, Pipers Way, Swindon, Wiltshire SN38 1NW. P7430 (January 2018). Summary box: Important product information for our range of Current accounts . The information in this table summarises the interest rates, fees and charges FlexPlus FlexDirect FlexAccount FlexBasic FlexStudent FlexOne of the products and doesn't replace any terms and conditions. (Includes FlexOne cash card or FlexOne Visa debit card). AER Gross AER Gross AER Gross AER Gross AER Gross AER Gross 5% (fixed)* for 12 months (fixed)* for 12 months 1% (variable) 1% (variable) 1% (variable) 1% (variable).

6 On balances up to 2,500 3% (variable) (variable) Only on balances Only on balances Only on balances Only on balances 1% (variable)* after 12 months 1% (variable)* after 12 months up to 1,000 up to 1,000 up to 1,000 up to 1,000. Interest paid on balances in credit1 This account doesn't pay credit interest This account doesn't pay credit interest On balances over 2,500 0% 0% 0% 0% 0% 0% 0% 0%. Monthly account fee4 13 0 0 0 0 0. Other account charges Daily arranged overdraft usage fee/ 50p per day2 50p per day2 There are no daily arranged overdraft usage fees Interest applied at EAR (variable)3 Arranged overdrafts aren't available on FlexBasic accounts There are no daily arranged overdraft usage fees arranged overdraft interest rate (a 250 fee-free arranged overdraft limit applies to this account) (a 10 fee-free arranged overdraft limit applies to this account) (you must be aged 18+ to have an arranged overdraft). (28 days' notice is given for overdraft fees however, this notice period doesn't apply to Unarranged overdraft buffer (you won't pay any unarranged 10 (up to this limit you'll only pay 10 (up to this limit you'll only pay the monthly account fee.))))

7 15 (up to this limit you'll only pay overdraft interest) Unarranged overdrafts aren't available There are no unarranged overdraft fees There are no unarranged overdraft fees fees to this limit) the daily arranged overdraft usage fee) the daily arranged overdraft usage fee). The total sum of unarranged overdraft fees is capped per month. Daily unarranged overdraft usage fee/ 5 per day (capped at 35 per calendar month)2 Interest applied at EAR (variable, capped at 5. 5 per day (capped at 50 per calendar month)2 per calendar month)3 There are no unarranged overdraft fees There are no unarranged overdraft fees There are no unarranged overdraft fees unarranged overdraft interest rate This includes the daily unarranged overdraft usage fees, unarranged overdraft interest Fee for a paid or unpaid transaction when you do not have 5 per transaction and any paid/unpaid transaction fees) enough cleared funds in your account2 N/A 5 per transaction (capped at 15 per statement month) There are no fees for paid or unpaid transactions (capped at 45 per statement month) There are no fees for paid or unpaid transactions There are no fees for paid or unpaid transactions (you must be aged 18+ to have an arranged overdraft).

8 Monthly maximum charge (unarranged overdraft) The monthly cap on unarranged overdraft charges for FlexAccount, FlexPlus and FlexDirect accounts is 50. Further details can be found on the back of this leaflet. UK payments made through CHAPS 20 each time 20 each time 20 each time 0 0 0. Payments made in UK Pounds to countries within the EEA using SWIFT - 0. Charge for specialist services Payments made overseas, or foreign currency payments Payments made in UK Pounds to countries outside the 20 each time 20 each time 20 each time 0 0. (We take these charges when you make within the UK, made through SWIFT EEA using SWIFT 20 for each payment the request) Foreign currency payments within the UK or abroad made through SWIFT 20 for each payment Euro payments to a country in the SEPA Region 9 9 9 9 0 0. made by SEPA Credit Transfer Interest paid from start of: Day of deposit Day of deposit This account doesn't pay credit interest This account doesn't pay credit interest Day of deposit Day of deposit Paper clearing Withdrawals allowed from start of: The fourth working day The fourth working day The fourth working day The fourth working day The fourth working day The fourth working day process Cheque Certainty from end of: The sixth working day The sixth working day The sixth working day The sixth working day The sixth working day The sixth working day clearance times from the day of Interest paid from start of.

9 Day of deposit Day of deposit This account doesn't pay credit interest This account doesn't pay credit interest Day of deposit Day of deposit the deposit** New image clearing process on the second working day on the second working day on the second working day on the second working day on the second working day on the second working day to be rolled out Withdrawals (and certainty) from: during 2018 ** For withdrawals and certainty', if a cheque is paid into the account on a Saturday, Sunday, Bank Holiday or at a Nationwide cash machine then the day of deposit will be the next working day. Visa Exchange Rate Rates can be found at Foreign usage Non-Sterling Transaction Fee for card payments2 2% 2% 2% 2% 0% 0%. (We take these charges on the day the transaction appears on Non-Sterling Transaction Fee for cash withdrawals2 0% 2% 2% 2% 0% 0%. your account for further details on foreign usage charges see Non-Sterling Cash Fee2. If making a Non-Sterling cash ) withdrawal, this fee will be charged in addition to the 0 1 per withdrawal 1 per withdrawal 1 per withdrawal 0 0.

10 Non-Sterling Transaction Fee *To benefit from in-credit interest on FlexDirect you must pay in a minimum of 1,000 per calendar month (excluding transfers from any Nationwide account held by you or anyone else). 2 If we make a change to these charges we'll notify you at least two months in advance if the change is to your disadvantage. If the change is to your advantage we may make it immediately. 1 Interest is paid without tax deducted. You may need to pay tax on any interest that exceeds your Personal Savings Allowance. For more information please visit HMRC's website at 3 If we make a change to these charges we'll notify you seven days in advance if the change is to your disadvantage. If the change is to your advantage we may make it immediately. If we make a change to these interest rates we'll notify you at least two months in advance if the change is to your disadvantage. If the change is to your advantage we may make it immediately. 4 If we make a change to these charges we'll notify you at least two months in advance if the change is to your disadvantage.