Bank Switching Offers > Nationwide

£175 Cash for switching to Nationwide

Following the news of their £400 million payout to members, Nationwide have recently resurfaced with their latest bank switching offer. Nationwide is my FAVOURITE bank switching offer as if you are a couple, you can get £525 by doing this once each individually, and then again with a joint account (!)

Are you eligible?

In order to be eligible for this switching offer, you can’t have switched into a Nationwide current account before or have received switching cash from Nationwide before. BUT you can do the joint account if you haven’t done this before!

You can switch into an existing Nationwide FlexDirect account or a brand new one if you aren’t already a customer.

How to get the bonus:

  1. Switch a non-Nationwide current account (including 2+ active direct debits) to a new or existing Nationwide FlexDirect account.

  2. Pay in £1,000+ within 31 days of the switch & make 1 payment with the debit card.

  3. You will receive the £175 paid into your account within 10 days of the switch completing.

Good to know:

This is the only bank switching offer that will also pay you to switch a joint bank account, so you could potentially double-up (or triple-up) on the rewards here by moving individual current account(s) and a joint current account!

FlexDirect has had a revamp with two new perks:

  • 1% cashback on debit card spending (£5/ month cap)

  • 5% interest on balances up to £5,000

Full terms

https://www.nationwide.co.uk/current-accounts/switch/