Nationwide Direct Checking

in Checking Accounts from Nationwide

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Nationwide Direct Checking

Unaffiliated

in Checking Accounts from Nationwide

Net Recommendation Score +100

1 user recommends

0 users are unsure

0 users don't recommend

Browse Reviews: 1 Recommendations | 0 Complaints

Highlights
Community Rating	Rating not yet determined
Monthly Fee	$0 - $5
ATM Fee: Out-of-Network	N/A
Minimum Balance to Avoid Monthly Fee	N/A
APY (Annual Percentage Yield)	0%

Nationwide Direct Checking Review

Nationwide Direct Checking is offered by Nationwide, a financial services company founded in 1926 and based in Columbus, OH. Nationwide Direct Checking is available in 49 states (and Washington, DC).

Key Takeaways

0% APY. As with most checking accounts, Nationwide Direct Checking does not pay interest.
$0 monthly Service Charge available. This account charges a monthly service fee of up to $5, but there are ways to waive the fee.
No minimum initial deposit. There is no minimum balance required to open an account.
No ATM fees. Nationwide Direct Checking does not charge fees on ATM transactions.
Up to $30 in ATM fee reimbursements. This account will reimburse you for the ATM fees charged by other financial institutions.
Free bill pay. Pay your bills to practically anyone in the United States through Nationwide.
Early direct deposit. Get access to you paycheck funds faster If you set up a direct deposit to this account.
Hard credit pull. Nationwide may require a hard pull on your credit report to open a checking account.

Nationwide Direct Checking Pros & Cons

Pros	Cons
Monthly service fee waived (see terms for requirements). Available in 49 states. Free debit card No charge on incoming domestic or international wire transfers.	No signup bonus. Does not earn interest Not FDIC-insured. Higher than average wire transfer fees. Monthly service charge (if minimums are not met).

Nationwide Direct Checking FAQ

Are checking accounts from Nationwide federally insured?

No, your Nationwide checking accounts are not insured by a federal insurance agency. This means that if Nationwide were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

What APY does Nationwide Direct Checking offer?

Nationwide Direct Checking is not an interest-bearing account.

What are the account minimums for Nationwide Direct Checking?

Nationwide Direct Checking does not require a minimum initial deposit.

Nationwide Direct Checking Account Minimums
Description	Amount
Minimum Opening Deposit	$0
Minimum Direct Deposit to Avoid Monthly Service Fee	$0.01

What fees does Nationwide Direct Checking charge?

The good news is that this account does not have a monthly Service Charge.

Nationwide Direct Checking Fees
Description
ATM Fee: In-Network	$0
ATM Reimbursement Monthly Limit	$30
Check Copy	$5
Debit Card Replacement Fee	$0
Foreign Transaction Fee (Debit Card)	1%
Monthly Fee	$0 - $5
NSF Fee	$25
Online Bill Pay Fee	$0
Overdraft Item Fee	$25
Paper Statement Fee	$5
Returned Deposit Fee (Domestic)	$25
Returned Deposit Fee (International)	$25
Stop Payment Fee	$10
Wire Transfer Fee - Domestic (Incoming)	$0
Wire Transfer Fee - Domestic (Outgoing)	$35
Wire Transfer Fee - International (Incoming)	$0
Wire Transfer Fee - International (Outgoing)	$45

Does Nationwide Direct Checking charge overdraft fees?

Yes, Nationwide Direct Checking charges a $25 fee for every overdraft fee.

What features and perks does Nationwide Direct Checking offer?

This account includes the following features:

ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks up to a monthly maximum of $30.
Fraud monitoring - Nationwide Direct Checking monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
Get paid early - If you set up direct deposit with your employer and request this service, you can collect your salary early.
Mobile Banking Services - Nationwide Direct Checking allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

How do people rate the customer service and user experience of Nationwide Direct Checking?

Overall, Nationwide Direct Checking is strongly recommended based on community reviews that rate customer service and user experience.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.