Nationwide £175 switch

Money, investing, mutuals etc
Sarah
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Nationwide £175 switch

Post by Sarah » Wed Oct 02 2024 3:44am

https://www.nationwide.co.uk/current-ac ... lexdirect/
A £175 welcome when you switch

You could also pocket £175 for switching to us. You just need to:
  • Switch a non-Nationwide bank account with at least two active Direct Debits to us
  • Switch to us online
  • Close your non-Nationwide bank account when you switch. We're able to do this for you - just make sure you select this option when you’re requesting your switch
  • Complete your switch within 28 days
And within 31 days of requesting the switch, you need to:
  • Put at least £1,000 into the account
  • Pay for something once using your debit card. Some transactions - like gambling - don’t count towards this, so make sure you check the terms
https://www.nationwide.co.uk/-/assets/n ... -terms.pdf

New cashback benefit for FlexDirect accounts!
Up to £60 cashback on debit card purchases for 12 months

Earn 1% monthly cashback (up to £5 a month) when you spend on your debit card - whether online, over the phone or in store. Contactless, Apple Pay, Google Pay, Samsung Pay and recurring payments also count.

Spend restrictions – like gambling – and other terms apply.
https://www.nationwide.co.uk/-/assets/n ... -terms.pdf
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planteria
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Re: Nationwide £175 switch

Post by planteria » Wed Oct 02 2024 4:11pm

can existing customers benefit from the offer by switching into a new 2nd Nationwide current account?

cocobay71
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Re: Nationwide £175 switch

Post by cocobay71 » Thu Oct 03 2024 8:00pm

Was thinking of doing this switch but I’m with virgin who nationwide has just taken over virgin money. I take it I would not get the £175 bonus offer?
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planteria
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Re: Nationwide £175 switch

Post by planteria » Thu Oct 03 2024 8:39pm

would the transfer be from Virgin > Nationwide?

Sarah
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Re: Nationwide £175 switch

Post by Sarah » Thu Oct 03 2024 9:58pm

It might work and probably more likely to be successful right now than in the future. There's no specific mention of Virgin Money or Clydesdale in the T&Cs.

Term 12 has disqualification reasons that include "You switched from one Nationwide account to another" so it depends whether that means Nationwide brand or Nationwide ownership.

Perhaps try it and find out? :thumbup:
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planteria
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Re: Nationwide £175 switch

Post by planteria » Thu Oct 03 2024 10:59pm

agreed. i reckon it’s worth a try.
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