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New Nationwide Switch - both new and existing?

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  • Hi guys i opened a triple saver account and switched to a flex account few days later but both are showing as open in my account and no sign of the bonus ? any advice ?
  • soulsaver
    soulsaver Posts: 6,610 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 2 September 2021 at 2:36PM
    On my donor current account I have set up 2 DD`s (2 different amounts on 2 different dates in same month) to a newly opened Post Office online saver 51. NW T&C`s states 2 active DD`s. Nothing about to 2 different DD`s. I seem to remember this query before on MSE. Will this qualify?
    I don't know for sure; previously it's been accepted by some institutions and not by others.

    I think 2 debits to the same account, to the same institution is probably ok if that is 2 different mandates.
    But it possibly isn't, even then, depending on Nationwide's point of view; they could argue 2 DDs to the same organisation is one DD pulling twice.

    If you're just trying to avoid the hassle of creating another DD, in similar circumstances (I was), I'd choose to not risk having to conjure another qualifying donor ac & DDs after this one possibly fails, and waste of effort to date.

    eta: typo correction
  • Fingerbobs
    Fingerbobs Posts: 1,702 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've got a horrible feeling I'm going to fall foul of the name matching again with this switch. This was a problem for me when I switched from M&S to Halifax, as the two banks had my name stored in different formats. Is this standard for all CASS requests, or are some banks fussier than others? 
  • I've got a horrible feeling I'm going to fall foul of the name matching again with this switch. This was a problem for me when I switched from M&S to Halifax, as the two banks had my name stored in different formats. Is this standard for all CASS requests, or are some banks fussier than others? 

    Even I have this doubt, having middle name in the donor account creates a problem?  First and last name and rest all other details are exactly same on my donor account and NW Flex, just middle name is additional.
  • soulsaver
    soulsaver Posts: 6,610 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 2 September 2021 at 2:20PM
    Hi guys i opened a triple saver account and switched to a flex account few days later but both are showing as open in my account and no sign of the bonus ? any advice ?
    You can't qualify using a saving account (amongst other possible reasons for failure). Make the effort to read the terms (reproduced on page 4 of this thread) and ask here if you don't understand them. 

    .
  • Fingerbobs
    Fingerbobs Posts: 1,702 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I've got a horrible feeling I'm going to fall foul of the name matching again with this switch. This was a problem for me when I switched from M&S to Halifax, as the two banks had my name stored in different formats. Is this standard for all CASS requests, or are some banks fussier than others? 

    Even I have this doubt, having middle name in the donor account creates a problem?  First and last name and rest all other details are exactly same on my donor account and NW Flex, just middle name is additional.
    I had two differences in my name, and I'm not sure which one (or maybe both) caused the switch to fail:
    • donor bank had my abbreviated first name, whereas target bank had my full first name, and
    • target bank had my middle name, whereas donor bank did not. 
    I believe I have the exact same situation again, and will report back what happens. 
  • soulsaver said:
    Hi guys i opened a triple saver account and switched to a flex account few days later but both are showing as open in my account and no sign of the bonus ? any advice ?
    You can't qualify using a saving account (amongst other possible reasons for failure). Make the effort to read the terms (reproduced on page 4 of this thread) and ask here if you don't understand them. 

    .
    I got the info from mse direct mate here  
  • soulsaver said:
    Hi guys i opened a triple saver account and switched to a flex account few days later but both are showing as open in my account and no sign of the bonus ? any advice ?
    You can't qualify using a saving account (amongst other possible reasons for failure). Make the effort to read the terms (reproduced on page 4 of this thread) and ask here if you don't understand them. 

    .
    I got the info from mse direct mate here  
    i cant post links but basically if you go here  moneysavingexpert com/banking/compare-best-bank-accounts/#nationwideswitch

    it says open triple saver and then switch to flex
  • Has anyone been paid for the new customer £100 yet?
  • soulsaver said:
    On my donor current account I have set up 2 DD`s (2 different amounts on 2 different dates in same month) to a newly opened Post Office online saver 51. NW T&C`s states 2 active DD`s. Nothing about to 2 different DD`s. I seem to remember this query before on MSE. Will this qualify?
    I don't know for sure; previously it's been accepted by some institutions and not by others.

    I think 2 debits to the same account, to the same institution is probably ok if that is 2 different mandates.
    But it possibly isn't, even then, depending on Nationwide's point of view; they could argue 2 DDs to the same organisation is one DD pulling twice.

    If you're just trying to avoid the hassle of creating another DD, in similar circumstances (I was), I'd choose to not risk having to conjure another qualifying donor ac & DDs after this one possibly fails, and waste of effort to date.

    eta: typo correction
    As long as it's two separate DD mandates it will be fine - both my DDs went to the same organisation and I was paid the full £125 incentive without issue. 
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