MSE News: Nationwide revives current account bonus 15 February 2010 at 7:16PM edited 16 February 2010 at 11:22AM in Budgeting & Bank Accounts 36 replies 5K views

Former_MSE_Guy

This is the discussion thread for the following MSE News Story:

"Nationwide has revived its bonus paid to those who make its FlexAccount their main current account. The sweetener also applies to those ..."

Read the full story:
Nationwide revives current account bonus

Nine_Lives

I don't fully understand it & i'm hoping someone can help:


For the past 8 or so years, i've only banked with Nationwide. I have 2x solo FlexAccounts & 1x joint.

I've just opened an account with Halifax & last week, my first weeks wage was paid into this, having moved my wage payments from Nationwide.

All my DD's are linked with my main Nationwide account. I have none elsewhere & i'm pretty sure i have none on my other solo FlexAccount.


Will i qualify? If so, what do i need to do in this case as i have no DD's to transfer over.

ffacoffipawb

MSE_Guy wrote: »

This is the discussion thread for the following MSE News Story:

"Nationwide has revived its £50 bonus paid to those who make its FlexAccount their main current account. The sweetener also applies to those ..."

Read the full story:
Nationwide revives £50 current account bonus

Sorry to be pedantic, but it's £75, not £50. Even better!

stphnstevey

So if you happen to have another current account elsewhere you can just setup a few SO and then get these transferred to Nationwide and get £75?

Does your salary need to be transfered?

Do you have to close the account your transferring or stop any of the SO/DD?

Details here
http://www.nationwide.co.uk/current_account/switch_to_nationwide.htm

T+C's here
http://www.nationwide.co.uk/popup/flex_switch_offer_terms.htm

horngkai

do i need to change my salary payment into this account to qualify for the offer?

stphnstevey

Several other threads about this - can they be merged by a mod?

http://forums.moneysavingexpert.com/showthread.html?t=2272405

http://forums.moneysavingexpert.com/showthread.html?t=1371835&highlight=Nationwide+switch+%A375&page=2

lightbulb2760

To qualify, you need to have either some direct debits, or standing orders, or bill payments ready to transfer from another bank or building society over to a Nationwide FlexAccount. If you do not have any of the above, then simply set up two or three standing orders from another current account. You must, as the article says, transfer all of them over. You do not have to transfer your salary over, nor do you need to close the account you're transferring from.

You do not have to stop the DDs or SOs in the original account, and you must be careful not to close the flexaccount or cancel the transferred DDs or SOs before the £75 is paid.

50Twuncle

I already have a Nationwide Flex account (as my only account) and was wondering if I create just a single DD - Will this suffice ?

roddydogs

Was £100 at one time!

JimmyTheWig

I'd also like someone to confirm if you need to transfer your salary there, or if there are any other funding criteria...

bristolleedsfan

JimmyTheWig wrote: »

I'd also like someone to confirm if you need to transfer your salary there, or if there are any other funding criteria...[/QUOTE

No their isnt .:)