Traveling can be stressful, especially when your credit card statement shows high foreign charges. Thankfully, the Nationwide Member Credit Card lets you use it abroad without extra fees. Learn how to apply for a Nationwide credit card to avoid these charges.
The Nationwide Member Credit Card offers zero charges for international use and lets you choose from two different introductory offers that you can benefit from.
If you’re looking to lower your traveling expenses and get the most out of your experience, check the article below to find out how to apply for a Nationwide credit card.
Why You Should Apply for the Nationwide Credit Card
A lot of people think that having a credit card is a financial burden. You pay for more at the end of the month for the things that you can always pay with cash.
But, there are so many reasons why a credit card especially the Nationwide Credit Card is very useful. Check out the reasons why you should apply for the Nationwide Credit Card below.
Improve Your Credit Score
While there are a lot of things that the Nationwide Credit Card can do, one of the most important factors to consider is your credit score.
Your credit score will determine how much you can borrow from the bank and how trustworthy you are as an account holder. With the help of a credit card such as this, you’re able to improve your credit score and regain any lost trust from the bank.
This also means that you further increase your credit score and unlock more features from the card along with it.
Manage Your Finances Better
With the Nationwide Credit Card, you get to pay in installments especially when you make a large purchase. The card offers different installment plans that suit your current needs and budget.
This means that you can choose how you want to pay and how much you want to pay each month after making that large purchase. You will never have to worry about fluctuating monthly statements as the due amount will always be the same.
This can help you manage your finances better now that you know the amount to pay each month.
Protect Your Purchases
One of the many issues when purchasing online or anywhere else is when the items that you purchase get lost or stolen.
This is a common problem especially those who are fond of online shopping. With the Nationwide Credit Card, you will never have to deal with this kind of issue. Any purchase between the cost of £100 and £30,000 is covered by the bank.
You should make a claim as soon as the incident happens so you can get your money back.
Move Balance Without Any Interest Charge
Another reason why people want to apply for the Nationwide Credit Card is the fact that you can move your existing balance to this card without any interest charge.
You get a 0% interest period depending on the type of credit card that you want. This gives you enough time to settle your debt without having to deal with the interest.
Make sure that you know how long the period lasts before you incur any interest charges.
How to Use Your Nationwide Credit Card Abroad
With the Nationwide Member Credit Card, you can use the card abroad and never have to worry about extra charges, especially when purchasing things you need.
Many credit cardholders are surprised to be charged an insurmountable amount of fees when using their cards internationally, but with this card, you don’t need to worry. There is no need to use cash when you have the Nationwide Member Credit Card, especially when you go on a holiday.
When paying your debt, you can also spread the repayment across several months however long it suits you. Those who wish to withdraw cash for emergencies must pay a fee of 2.5% or a minimum charge of £3.
Check Out The Introductory Offer
When you sign up for the Nationwide Member Credit Card, you can choose from two introductory offers with specific uses.
You can choose either the Balance Transfer Offer or the All Rounder Offer. The Balance Transfer Offer features 0% on balance transfers for 18 months and 0% on purchases for the next 3 months, and it also includes zero fees for purchases abroad.
This offer is designed for people who want to consolidate all of their borrowings under one card and have a longer period to pay off their debt. The All Rounder Offer features 0% on balance transfers for 15 months, 0% on purchases for the next 15 months, and no fees for international purchases.
This offer allows you to make purchases using the card and gives you flexibility over how and when you pay your debt.
Managing Your Nationwide Credit Card
Managing your Nationwide Credit Card is a major responsibility for any credit cardholder but with the Nationwide app, it is now much easier to do. You can control your credit limit and stay within the limits by using the app.
Nationwide will not increase your credit limit without your permission which means they will either have to call or notify you if they will increase your limit.
You also get alerts when you are about to go over your credit limit or when your introductory offer expires. Purchases of up to £30,000 are protected which means they will refund you the amount if something goes wrong.
Make payments anytime and anywhere with the credit card by simply tapping it – no need to give out your credit card number to anyone or have it swiped using a machine.
What are the Requirements for Application?
If you’re interested in applying for the Nationwide Member Credit Card, you should first read the terms and conditions and ensure that you understand all the information.
You should also prepare documents such as your annual income, monthly expenses, employer details, and address history for the past three years. You must also be 18 years old or older and have an income of more than £5,000 per year before tax.
To apply for the card, you must also be a resident of the UK and a member of Nationwide. Note that they will also perform an eligibility check, but it will not impact your credit rating.
You won’t be able to apply if you already have a Nationwide credit card or have been declined in the past 30 days. The introductory offers are also invalid if you have closed a Nationwide credit card in the past year.
How to Apply for a Nationwide Member Credit Card
To apply for the card, simply head over to the Nationwide Member Credit Card page on the official Nationwide website. You will be asked to choose which introductory offer you wish to have then you will be submitted to the eligibility checker tool.
Once you pass the check, you need to complete the application form and upload the required documents. Review the details before you submit them, and then wait for their notification to see if you have been approved or declined.
You can also head over to the nearest Nationwide branch in your area and apply.
Fees and Other Important Charges
Take note that while Nationwide Member Credit Card does offer lesser fees to its members, there are still other charges that you need to know.
Once the introductory offer ends, you will be charged a variable APR of 19.9% to 24.9% for purchases and balance transfers.
The cash advance fee is 2.5% of the amount withdrawn or a minimum of £3. Late payments are charged a £12 fee, and there is no fee for over limits.
Contact Details
If you need further assistance with your application, you can call their customer service hotline at 0800 055 66 11 (or +44 2476 43 89 97 from outside the UK).
You can also visit their main office at Nationwide Building Society, Nationwide House, Pipers Way, Swindon, UK, SN38 1NW.
Conclusion
The Nationwide Member Credit Card is specifically for those who want to enjoy traveling abroad without being bogged down with fees.
If you’re looking for a credit card that suits your traveling lifestyle, you should consider the features and benefits of the Nationwide Member Credit Card. Go ahead and apply for one today!
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.
