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New Nationwide Switching Offer - Feb 2010 - £75

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Comments

  • RHB
    RHB Posts: 33 Forumite
    edited 16 February 2010 at 8:43PM
    I'm a student and just tried to go for this. I have an Abbey student a/c (with a £1,000 as yet unused interest free O/D, plus a natwest student a/c with £500 O/D available) and was going to transfer all DDs and SOs from but all it offered me was a cash card which isn't eligible for the £75 offer. I guess this is income based?
  • choc_mouse wrote: »
    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 :)

    Well, it won't be eight weeks from now.

    See post #7 for full T&C from which -
    11. The £75 payment will be made directly into your FlexAccount within 8 weeks of us completing your account transfer including the transfer of your standing orders and bill payments and advising your Direct Debit companies of the change in your account details.

    So it depends on the speed of their switching processes.
  • Thanks anamenottaken - I just received a secure message from Nationwide:
    For most transfers, we will set up any standing orders and bill payment mandates on your FlexAccount within 10 days (or four weeks if you have requested a list of your payments to indicate your preferences).
    So make it 10 weeks...
  • noh
    noh Posts: 5,817 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Last time they had a similar offer my £50 incentive was paid well within the 8 weeks.
    Around 6 if I remember rightly.
  • adambro
    adambro Posts: 243 Forumite
    RHB wrote: »
    I'm a student and just tried to go for this. I have an Abbey student a/c (with a £1,000 as yet unused interest free O/D, plus a natwest student a/c with £500 O/D available) and was going to transfer all DDs and SOs from but all it offered me was a cash card which isn't eligible for the £75 offer. I guess this is income based?

    Thanks for your helpful post. On the basis of that, as explained in my earlier post, I'll not bother trying for this at the moment. Obviously the attraction is the £75 so if I'm unlikely to get that it isn't worth the hassle. I'll wait until I've graduated and found a job so I have a reasonable income to tell them about.
  • I'm thinking of going for this....I just upgraded my account to a debit card account last week, waiting on the debit card.

    I have an old Lloyds student account which I'm paying the overdraft off. It isnt my main account anymore so has no DD's, but I was thinking of setting up a PayPal link to it as a dummy DD. Would I need to set up an SO too or is the DD enough?

    Also, if I switch these away from Lloyds, how likely is it that they will recall the overdraft? My review date is the middle of March
    Debts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;
    Debts as of May 28th 2011:
    Santander CC: £0.00
    Lloyds OD : £0.00
    DFW Nerd #1247 - Proudly dealt with my Debts :D Olympic 2012 Challenge #12
  • d00fus
    d00fus Posts: 52 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    In practice I have switched from the same account more than once and received the payments. :)

    I've just given this a try, and I received this:
    Thank you for your message.

    Thank you for choosing to transfer your account to us using our Internet Bank Account Transfer service.

    We already completed an account transfer for you using these details in July. If you would like us to set up another transfer using the same details we will need you to complete an authorisation form.

    I have today posted this form to you, please can you sign and complete the form and then return this to us in the pre-paid envelope.
    Did anyone else try this and receive the same thing? Based on my reading of the T&Cs I guess I'm still eligible as I made the request online, but not really bothered if I miss out given the cheekiness of it :)
  • Molotov
    Molotov Posts: 594 Forumite
    Part of the Furniture 500 Posts Name Dropper
    noh wrote: »
    Now open to all as long as you have a debit card on the account.
    http://www.nationwide.co.uk/current_account/switch_to_nationwide.htm


    There is no longer a clause 15.
    http://www.nationwide.co.uk/popup/flex_switch_offer_terms.htm
    The T&C's are different depending on whether you are logged in or not.

    If you're not logged in and check the T&C's on the link from the homepage then there is no clause 15.

    However if you log in and check the T&C's from your account page then it does include:
    15. The £75 payment is only available if you have received a message related to this offer from Nationwide within the Internet Bank

    So is this offer available to all or not?

    Only one way to find out .................................
  • noh
    noh Posts: 5,817 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    When I log in I don't have any link to T+Cs for the offer.
    I assume that if you have you are one of the people who have been invited.
  • Molotov
    Molotov Posts: 594 Forumite
    Part of the Furniture 500 Posts Name Dropper
    noh wrote: »
    When I log in I don't have any link to T+Cs for the offer.
    I assume that if you have you are one of the people who have been invited.
    No I havn't received an invitation and the banner advertisement when you're logged in includes clause 15 - so I guess this offer is only available to those that are invited.

    BTW - If you can't see the advert when you're logged in have you maximised the prompt on the left hand side?
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