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New Nationwide Switching Offer - Feb 2010 - £75

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Comments

  • paulw98
    paulw98 Posts: 111 Forumite
    JesseJames wrote: »
    Received the £50 bonus on last October's incentive.
    The only account I have to move, is the one I used last time by setting up a single SO.

    I find it hard to believe they would allow this again, but here goes

    So all i have to do is set up a simple SO from my other current account (say AL) for £1, switch this and ill get £75 then as soon as i have the 75 i clear out teh account and go?
  • apt
    apt Posts: 3,244 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Why go? Just move the DDs back, but keep the account open first to use for foreign currency transactions and second to wait for the next Nationwide transfer offer to come along.
  • noh wrote: »
    Why not just read the T+Cs linked to above?

    To answer you question there is no minimum payment required.
    You are not required to pay in your salary.
    You have to transfer all your payments from another account if there is only one that will qualify.

    Actually I was talking long-term not just for the offer!
    If I've help in anyway, please remember to thank me :-)
  • mrchagle wrote: »
    Actually I was talking long-term not just for the offer!

    Nothing, mine is at 14p at the moment. Only put money in it when I go abroad.
  • That's useful to know, thanks JesseJames!
    If I've help in anyway, please remember to thank me :-)
  • JesseJames wrote: »
    Received the £50 bonus on last October's incentive.
    The only account I have to move, is the one I used last time by setting up a single SO.

    I find it hard to believe they would allow this again, but here goes

    They won't allow you to use the same account again. Although there's nothing in the T&Cs to say this, in practice they have refused to switch from the same account twice.
  • 50Twuncle
    50Twuncle Posts: 10,763 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    As an existing Nationwide Flex account holder (joint) - am I eligible for this £75 if I just create a single DD from the account ?
    To transfer a payment made from my debit card to DD.....
  • They won't allow you to use the same account again. Although there's nothing in the T&Cs to say this, in practice they have refused to switch from the same account twice.


    In practice I have switched from the same account more than once and received the payments. :)
  • adambro
    adambro Posts: 243 Forumite
    Interesting offer. My credit history is fine but my income is somewhat low at the moment. I'm assuming Nationwide ask for this information. Does anyone have any experience of apply with no real income of any significance?
  • Interesting offer indeed. I just set up a S/O on one of my dormant accounts with Natwest and completed the transfer form on Nationwide. Will wait to see if that goes through and if my free £75 comes in 8 weeks :)
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