We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

£80.80 TCB for Nationwide Accounts

1356716

Comments

  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    edited 5 February 2015 at 12:27AM
    I would encourage people to read the detailed terms of this RAF offer – before you jet off to sign up! Note the 2 direct debit requirements and the 3 month minimum term for the account to be open after the switch – otherwise the money may be clawed back

    http://www.nationwide.co.uk/products/current-accounts/service/raf-conditions

    This TCB offer may not be open for long – maybe just this week - as it was half this sum last week.
  • Harveys_2
    Harveys_2 Posts: 217 Forumite
    Archi_Bald wrote: »
    Did you search for it?

    If you didn't, you might want to give it a try rather than waiting for someone else to post further clues.

    Of course I did.

    Thank you for your utterly useless post. Why bother posting as you added something of no value?!
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    MARTYM8` wrote: »
    I would encourage people to read the detailed terms of this RAF offer – before you jet off to sign up
    Which is why I didn't answer fuzzgun's question 'yes', or 'yes but...'
  • fuzzgun19
    fuzzgun19 Posts: 7,767 Forumite
    Part of the Furniture 1,000 Posts
    Don't think I'll bother with RAF, i'll see if hubby can open a donor account in time first.
    I Hate Jobsworths!!!
  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    fuzzgun19 wrote: »
    Don't think I'll bother with RAF, i'll see if hubby can open a donor account in time first.

    The RAF is guaranteed (£50 for you and hubby) if you meet the terms - whereas the cashback from TCB may not pay out (that can happen).

    Why not simply give Nationwide his details anyway - and if and when he applies you/he will qualify.

    https://portal.nationet.com/nationwide/appforms/recommendafriend/default.aspx

    You can always set up a couple of direct debits on his donor account (e.g. two savings accounts with a certain well known supermarket - they set them up within 48 hours in my experience even if the payment is not taken until later).

    Up to you - but £181 is surely better than £81?

    PS This assumes you and hubby are friends at present - odd the offer doesn't say friends and family?!
  • Ed-1
    Ed-1 Posts: 3,964 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    MARTYM8` wrote: »
    The RAF is guaranteed (£50 for you and hubby) if you meet the terms - whereas the cashback from TCB may not pay out (that can happen).

    Why not simply give Nationwide his details anyway - and if and when he applies you/he will qualify.

    https://portal.nationet.com/nationwide/appforms/recommendafriend/default.aspx

    You can always set up a couple of direct debits on his donor account (e.g. two savings accounts with a certain well known supermarket - they set them up within 48 hours in my experience even if the payment is not taken until later).

    Up to you - but £181 is surely better than £81?

    PS This assumes you and hubby are friends at present - odd the offer doesn't say friends and family?!

    It does: "If you're a Nationwide Current account holder*, you can recommend your friends and family."

    The terms also say: "This offer may not be used in conjunction with any of our other current account cash reward offers" so that may mean you cannot get cashback and the RAF bonus for the same switch.
  • DragonQ
    DragonQ Posts: 2,198 Forumite
    Part of the Furniture 1,000 Posts
    MARTYM8` wrote: »
    The RAF is guaranteed (£50 for you and hubby) if you meet the terms - whereas the cashback from TCB may not pay out (that can happen).
    I guess so but I've never had large cashback amounts not paid. Well, it happened once but I just contacted the company and they paid me directly.

    Also, with a previous Nationwide refer-a-friend offer, it couldn't be used in conjunction with the TCB offer anyway (they had different links).
  • fuzzgun19
    fuzzgun19 Posts: 7,767 Forumite
    Part of the Furniture 1,000 Posts
    Card for hubbys donor came today, so he has signed up through TCB too :)

    Tracked quickly.
    I Hate Jobsworths!!!
  • fuzzgun19
    fuzzgun19 Posts: 7,767 Forumite
    Part of the Furniture 1,000 Posts
    I wonder if I could switch away again after the switch completes?

    I can't see anything in the t&c's...
    I Hate Jobsworths!!!
  • Princess_x
    Princess_x Posts: 2,456 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    fuzzgun19 wrote: »
    I wonder if I could switch away again after the switch completes?

    I can't see anything in the t&c's...

    Quidco state that you have to have the account for 3 months before it becomes payable. I'm pretty sure I remember TCB stating this too, but it might have just been the Quidco one or they may have changed it.

    In any case, if you have also done the RAF through Nationwide, then they definitely state that if the recommended person closes their account within 3 months, then they could take the £50 back from both parties.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.