Nationwide raises monthly fee for FlexPlus account by £5 starting today

Starting today, Nationwide has raised the monthly fee for its FlexPlus packaged account from £13 to £18, an increase of £5. This change affects both new and existing customers, raising the annual cost from £156 to £216. This is the first fee increase since 2017, attributed to rising insurance costs. The FlexPlus account offers various insurance policies, including travel and mobile phone coverage, as well as preferential loan rates. Competitors like Virgin Money now offer similar accounts at lower monthly fees. Customers may need to evaluate whether the FlexPlus account still meets their needs after this price hike.