Nationwide Building Society: Pros and Cons

Nationwide Building Society is one of the UK's largest building societies, offering a wide range of financial products and services. But what are the pros and cons of using Nationwide? Let's take a closer look.

• Strong financial performance: Nationwide has a strong financial performance, which means you can be confident that your money is safe with them.
• Good customer service: Nationwide has a good reputation for customer service, which means you can expect to be treated well.
• Wide range of products and services: Nationwide offers a wide range of financial products and services, so you can find the right one for your needs.
• Ethical approach: Nationwide has an ethical approach to banking, which means you can be confident that your money is being used for good.

• Lower interest rates: Nationwide's interest rates are often lower than those offered by other banks and building societies.
• Limited branch network: Nationwide has a limited branch network, which means you may not be able to find a branch near you.
• Lack of online services: Nationwide's online services are not as comprehensive as those offered by other banks and building societies.
• Membership required: You need to be a member of Nationwide to use their services, which can be a bit of a hassle.

Nationwide Building Society is a good option for people who are looking for a safe and reliable bank with a good ethical approach. However, it's important to be aware of the lower interest rates and limited branch network before you make a decision.