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New Nationwide Switch - both new and existing?

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  • Herbalus
    Herbalus Posts: 2,634 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    masonic said:
    Saria said:
    masonic said:
    Saria said:
    Sorry, I know this gets asked a lot!

    I've set up 2 DDs on a Lloyds account, they are showing but not paying out until the 10th. I'm going through the application process for a Flexdirect account, but it doesn't look like it's giving me the option to pick a switch date. 

    Would I be fine to finish my application now or would it be better to wait and try again after the 10th?
    If you are applying for a new account then the switch won't start until after the account is fully opened. Nationwide are sending terms and conditions through the post to be signed and returned prior to opening the account which will tend to delay things by at least a week. The only benefit of applying to switch during the application is that you'd qualify even if the offer is subsequently pulled, but if there is a delay opening the account and you cannot complete the switch within 30 days then you'd not qualify for the offer.
    I already have the Triple Access Saver with them (already had the online banking account from my old Flexdirect which I switched in the past). So I'm assuming it won't take that long to open and switch my account.
    I was an existing member too, with online access already set up, but didn't have a current account with them. I applied for a FlexDirect account a week ago and it still hasn't been opened. I received a text message from Nationwide on Friday telling me I didn't need to send any ID documents, but did need to sign and return a hard copy of the T&Cs they had sent me in the post, which I have not yet received.
    So I reckon it will be at least 2 weeks before my account will be open and I can start my switch.
    Interesting. I opened an online saver a few days ago, and restored online access from when I previously held a nationwide current account (closed over 3 years ago now, could be 5 years), and I was able to open a new current account shortly later which is now open and visible online. No need to sign anything. Maybe you’ve been unlucky.
  • CRISPIANNE3
    CRISPIANNE3 Posts: 1,476 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hopefully my switch will be completed tomorrow and the information given by their online chat line was correct and I will qualify for the £125.00. Anyway fingers crossed.
  • mab3000
    mab3000 Posts: 532 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Anyone who’s switch completed yesterday had their switching bonus yet? 
  • mab3000 said:
    Anyone who’s switch completed yesterday had their switching bonus yet? 

    yes, I just cheked - me and mrs both got £125 into our NW accounts.  Switch completed yesterday.
  • mab3000 said:
    Anyone who’s switch completed yesterday had their switching bonus yet? 
    Yes. Noticed it in about 18:30 today.
  • masonic
    masonic Posts: 27,209 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 7 September 2021 at 6:47PM
    Herbalus said:
    masonic said:
    Saria said:
    masonic said:
    Saria said:
    Sorry, I know this gets asked a lot!

    I've set up 2 DDs on a Lloyds account, they are showing but not paying out until the 10th. I'm going through the application process for a Flexdirect account, but it doesn't look like it's giving me the option to pick a switch date. 

    Would I be fine to finish my application now or would it be better to wait and try again after the 10th?
    If you are applying for a new account then the switch won't start until after the account is fully opened. Nationwide are sending terms and conditions through the post to be signed and returned prior to opening the account which will tend to delay things by at least a week. The only benefit of applying to switch during the application is that you'd qualify even if the offer is subsequently pulled, but if there is a delay opening the account and you cannot complete the switch within 30 days then you'd not qualify for the offer.
    I already have the Triple Access Saver with them (already had the online banking account from my old Flexdirect which I switched in the past). So I'm assuming it won't take that long to open and switch my account.
    I was an existing member too, with online access already set up, but didn't have a current account with them. I applied for a FlexDirect account a week ago and it still hasn't been opened. I received a text message from Nationwide on Friday telling me I didn't need to send any ID documents, but did need to sign and return a hard copy of the T&Cs they had sent me in the post, which I have not yet received.
    So I reckon it will be at least 2 weeks before my account will be open and I can start my switch.
    Interesting. I opened an online saver a few days ago, and restored online access from when I previously held a nationwide current account (closed over 3 years ago now, could be 5 years), and I was able to open a new current account shortly later which is now open and visible online. No need to sign anything. Maybe you’ve been unlucky.
    I'm indeed feeling unlucky as the promised T&Cs turned up today, together with an acknowledgement form, some other paperwork, and a FSCS declaration sheet they also insist I must sign and return before they can complete the opening of my account. I guess something must have gone awry during my application process if nobody else has been subject to this extra step.
  • mab3000
    mab3000 Posts: 532 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    mab3000 said:
    Anyone who’s switch completed yesterday had their switching bonus yet? 
    Yes. Noticed it in about 18:30 today.
    Thanks. Still no sign of mine. Guess I can’t really do anything about it at the moment  as the terms say paid within 10 days of the switch completing. 
  • soulsaver
    soulsaver Posts: 6,610 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    masonic said:
    Herbalus said:
    masonic said:
    Saria said:
    masonic said:
    Saria said:
    Sorry, I know this gets asked a lot!

    I've set up 2 DDs on a Lloyds account, they are showing but not paying out until the 10th. I'm going through the application process for a Flexdirect account, but it doesn't look like it's giving me the option to pick a switch date. 

    Would I be fine to finish my application now or would it be better to wait and try again after the 10th?
    If you are applying for a new account then the switch won't start until after the account is fully opened. Nationwide are sending terms and conditions through the post to be signed and returned prior to opening the account which will tend to delay things by at least a week. The only benefit of applying to switch during the application is that you'd qualify even if the offer is subsequently pulled, but if there is a delay opening the account and you cannot complete the switch within 30 days then you'd not qualify for the offer.
    I already have the Triple Access Saver with them (already had the online banking account from my old Flexdirect which I switched in the past). So I'm assuming it won't take that long to open and switch my account.
    I was an existing member too, with online access already set up, but didn't have a current account with them. I applied for a FlexDirect account a week ago and it still hasn't been opened. I received a text message from Nationwide on Friday telling me I didn't need to send any ID documents, but did need to sign and return a hard copy of the T&Cs they had sent me in the post, which I have not yet received.
    So I reckon it will be at least 2 weeks before my account will be open and I can start my switch.
    Interesting. I opened an online saver a few days ago, and restored online access from when I previously held a nationwide current account (closed over 3 years ago now, could be 5 years), and I was able to open a new current account shortly later which is now open and visible online. No need to sign anything. Maybe you’ve been unlucky.
    I'm indeed feeling unlucky as the promised T&Cs turned up today, together with an acknowledgement form, some other paperwork, and a FSCS declaration sheet they also insist I must sign and return before they can complete the opening of my account. I guess something must have gone awry during my application process if nobody else has been subject to this extra step.
    I guess you've tried opening an alternative Flex ac, see if you could be lucky this time?
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    My switch completed yesterday. £100 bonus paid today. Sigh. I have been a Nationwide member since Adam was a boy. 
  • locky123
    locky123 Posts: 473 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Switch completed yesterday into existing account and £100 added today, been a NW member for 5 years, so not sure why not £125.
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