Nationwide Building Society going downhill fast.

Over Twenty years ago I was thumped hard with account charges by my then current bank Lloyds, for dropping below £100 credit balance, on the first occasion it had gone down to £99.99, the next time the charges from the first occasion knocked the balance below £100. My wife and I decided to move our account to the Nationwide building society, it was brilliant and I reccomended it to any one who would listen. We have used some Nationwide accounts for businesses but though not ideal things have been workable, the savings accounts paid a good rate of interest and overdraft interest rates again were reasonable.However over the last few years things have deteriorated, changes include not being able to withdraw less than £100 from the counter on a cash card, (if you want to do that you have to go to the post office or use a cash machine), mind bogglingly high overdraft interest rates, 0.5% interest on a cash ISA, no longer able to deposit cheques as cleared funds (an absolute godsend when times are hard). The latest crop of wheezes include a four day cheque clearance period instead of the current three, and funds must be in the account at least a day before they can be used to pay direct debits etc.The Nationwide building society is a mutual society owned by its members and has no shareholders other than its' members. I make this point to illustrate my total incomprehension at the way this society is run, I can see no benefit in these changes to the members who own this society, they do not receive excellent rates of interest on their savings or enjoy low interest rates on their overdrafts, levels and ranges of services are constantly being reduced.So where does our money go, obviously a good chunk goes to pay the salaries of the board of directors who run the society very badly in my opinion, the rest it appears to me seems to be squandered on sponsoring sports and a bunch of second rate Little Britain comedians to produce mediocre adverts to sell what is now a very third rate building society.No doubt you are wondering why I have not posted these comments on the Nationwides' website, believe me I have tried.
Votes: 0
E-mail me when people leave their comments –

You need to be a member of Landscape Juice Network to add comments!

Join Landscape Juice Network

Open forum activity

Fusion Media posted a blog post
ICL-sponsored award recognises standards in pitch preparation and presentation across GAA venues in Ireland.Hastings MacHale Park, Castlebar, Co. Mayo has been presented with the GAA National Pitch of the Year 2025 award at the League Final in Croke…
3 hours ago
Fusion Media posted a blog post
Pellenc, the pioneer in professional battery-powered tools, is proud to announce the release of the Rasion 3 Easy, a professional-grade 24” (60 cm) self-propelled mower designed to redefine the balance between heavy-duty performance and…
4 hours ago
Peter sellers replied to David Benson's discussion liquid moss killer
"Pro kleen liquid iron sulphate direct from Pro kleen around £21 for 2x5lts delivered. We put 2.5lts in a 12lt knapsack, thoroughly wet area, avoid hot windy days.
Have used it for years highly recommend."
yesterday
Martin Ashdown posted a discussion
We chat over knowing your numbers, eating frogs and RASI forms. Please like and share to help us grow this channel.https://open.spotify.com/episode/0PwhpTOoJrhqiyRRK32qM7?si=252f7534...
yesterday
Dave Colton replied to David Benson's discussion liquid moss killer
"I haven't use liquid iron but do use soluble iron sulphate, takes a wee bit more mixing as it's a powder but I find it goes further and is cheaper than the liquid, I get mine from agrigem."
yesterday
David Benson posted a discussion
i have to treat some small areas of lawn with a lot of paving round them and one area there is a swiming pool. my usual way is lawn sand and a broardcast spredder but this is not ideal for this job, what liquid killer do you recomend for a knapsack…
Monday
James Brett liked Martin Ashdown's discussion Two Ordinary Blokes in Business Podcast
Sunday
James Brett updated their profile
Sunday
Bryn Edmondson updated their profile
Sunday
Sam Bainbridge replied to Dougie's discussion Looking for a new roller machine
"Horrible in the wet just shows we are all different. I wouldn't even consider hayter for the terrible collection reason"
Sunday
Groundleader replied to Peter sellers's discussion Retirement advice
"This is definitely NOT my field of expertise, but I'd guess what most buyers might be interested in, could include:
1)  What's the realistic market value of your "hard" assets (vehicles, machinery, tools, materials etc).
2)  For the "goodwill" part…"
Saturday
Greenlawns replied to Dougie's discussion Looking for a new roller machine
"I've used Hayter harrier 56 pro mowers for 30 years . They're the best for maintenance,  admittedly not great in the wet , but I wouldn't change . "
Saturday
Sam Bainbridge replied to Dougie's discussion Looking for a new roller machine
"Interesting with the weibang I've had 1 for 5yrs bought new and it's been fine nothing to report as of yet which compared to the honda new needing a new back end after 18 months."
Saturday
Sam Bainbridge replied to Dougie's discussion Looking for a new roller machine
"Buy an old Honda roller mower, the new ones break in 18 months and cost you £500 that is then repeated every 12 months.
Either a honda or others the same which actually came out of the same factory with different names, sharp, lawnflite, kaaz, all…"
Saturday
Max alam posted a discussion
Im looking for my first 100 founding members to join and use canopy and i have approx 65 spaces left.. if your in the UK running a garden maintenance / landscaping company and could be intrested , feel free to enter the waiting list.Thecanopyapp.com
Thursday
Tim Bucknall replied to Daniel Gillings @ DC inc's discussion Rumble strips in lawn!
"Can you change the direction of mowing? Always using a roller mower in the same pattern can cause this.
 "
Apr 30
More…

how good does this look?

Im looking for my first 100 founding members to join and use canopy and i have approx 65 spaces left.. if your in the UK running a garden maintenance / landscaping company and could be intrested , feel free to enter the waiting list.Thecanopyapp.com

Read more…
0 Replies
Views: 39

Invoicing / Quoting

does anyone find themselves spending money on an invoicing and qouting app? do some of you use tradify to manage bookings and schedule?whats the best way to manage workflow when you get busy in the season ?

Read more…
0 Replies
Views: 49